Target: Manufacturing to grow 3.7%

Allocation of Rs 2,030 million has been earmarked for the manufacturing industry sector in the year 2011-12.

ISLAMABAD:

The government has set a growth rate target of 3.7% for the manufacturing sector in the next financial year 2011-12, according to the annual plan of the Planning Commission of Pakistan.

The main growing industries in the year 2011-12 would be chemicals, automobile, pharmaceutical, electronics, leather products, paper and boards, and non-metallic minerals. Allocation of Rs 2,030 million has been earmarked for the industry sector in the year 2011-12.

Published in The Express Tribune, June 25^th, 2011.