Pakistan Ordnance Factory (POF) Wah Cantt has decided to exploit its surplus engineering potential for the overall industrial development of the country in line with vision of President General Pervez Musharraf. This was stated by Major General Muhammad Javaid, Chairman POF, while addressing an orientation seminar on indigenous production of textile machinery parts by POF here on Saturday.
He said POF was catering to the defence needs of Pakistan in addition to its contribution in the fields of health and education. He said Wah Industries Limited was a commercial enterprise of POF and is fully equipped with latest machinery and technology.
It also has ISO certified labs and highly qualified professionals to maintain the world class quality of its products, he said and added that POF has now decided to exploit its surplus engineering potential and in this connection it has embarked upon a policy for indigenous production of textile components and parts.
He said, it would not only relieve the textile industry of its reliance on imported parts but also help in saving precious foreign exchange with other added benefits.
He said that initially 38 parts were identified, out of which POF has been producing extremely needed parts of spinning machinery. He said that trials were held to check performance of these parts, which had been found satisfactory.
He appreciated the patriotism of owners of spinning mills who allowed trials and advised us regarding further improvement in technical and professional way. He expressed the hope that they would continue to use POF manufactured parts and give reliable feedback to improve its quality and pricing etc.
Mian Muhammad Latif Chairman Faisalabad Industrial Estate Development and Management Company (FIEDMC) said that currently 9 million spindles were working in Pakistan while another 6-7 lakhs were in the pipeline and would become operational during the next couple of years. He said Pakistan was importing spinning, weaving and processing machinery and its manufacturing at local level would not only provide an opportunity to the textile industry to grow and groom but also help save precious foreign exchange.
Earlier, business consultant Amjad Hameed Mirza and Mian Shafique-ur-Rehman Financial Advisor to CEO Chenab Ltd delivered their papers on marketing and economic aspects of the indigenous production.
Mian Zahid Anwar of J. A. Textile and other leading textile tycoons were also present during the orientation seminar.
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