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Pakistan’s industrial policy - from ambition to competitiveness

Pakistan Published 23 October 2026, 22:05 · archived 23 Oct 2026

The government’s National Industrial Policy (NIP) presents an important opportunity to strengthen Pakistan’s industrial base, increase exports and create a more competitive business environment. The real test, however, is not whether the country announces ambitious targets or provides relief to industry, but whether Pakistani businesses become more productive, develop higher-value products and compete successfully in international markets. In May 2025, the government announced a target of $60 billion in export growth over the next five years and called for sector-based business plans with meas...

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