ISLAMABAD: Pakistan Council for Science and Technology (PCST) would conduct “First National Industrial Innovation Survey” with the allocation of Rs 45.041 million.
It is the first ever survey which would help design appropriative innovation policies and strategies leading towards the improvement of the quality of Pakistani products to boast their demand in international market.
It is one of the projects approved with the efforts of the PCST, designed for the time duration of 24 months which would motivate factors for firms to initiate innovative activities, PCST head Dr Anwarul Hassan Gilani told APP.
The study would provide insight into the innovation process in the industrial sector of Pakistan which would be useful for future planning and management for our industrial production.
“This survey would have long term effects to boost the economy as well as earning of foreign exchange,” he stated.
It would also be a land mark step to achieve the target set under vision 2025 aimed to increase export from US $ 25 billion to US $ 150 billion annually and become a part of 25 largest economies of the world, he informed.
The PCST chief said the survey would also suggest policy measures and road map for nurturing new ideas in the manufacturing sector to enhance its competitiveness in the national and international market.
