President Karachi Chamber of Commerce & Industry Muffasar Atta Malik said Pakistan has great potential for the growth of printing and graphic arts industry, PRINTPAK 2017 is the great platform for the networking of local and international companies.
Earlier the President KCCI inaugurated the 26th edition of PrintPak, the Printing and Graphic Arts exhibition being organized from 18th to 20th of November, 2017 at Karachi Expo Center, Pakistan.
President KCCI assured full support to the industry and said that members of the industry will use its platform to raise industry issues and will help them grow so that our products can compete and take share in the world.
Foreign countries’ stalls and participation is laudable providing them opportunities to showcase their products and services to the world.
Meanwhile, Dr. S.M. Minhajuddin, Chairman PAPGAI said on the occasion that despite the sheer size of printing and graphic arts industry, which is around $4.5 billion in Pakistan and 2nd largest industry providing employment to approximately over 2 millions workers facing difficulties in the country.
He said Pakistan should decide whether we should move forward for a manufacturing base or for a trading base industry since it is cheaper to get our products printed abroad than printing them in the country.
The governments had been failed to reduce taxes imposed on paper and raw material to enhance the exports of printing and graphic arts industry, he said
‘It is astonishing that around 50 per cent duty and taxes have been imposed on raw material while duty on paper is the highest in the world. This issue is hurting our industry and it should be addressed on priority basis. Government should support value added industry,’ he added.
‘The government should provide relaxation on taxation and duties for the growth of the industry, which is already providing employment opportunities to around 2 million people working in 15,000 printing presses and binding houses across the country,’ he added.
Mr. Salman Haroon, Chairman of Printpak Exhibition Committee said PrintPak 2017 Exhibition would be far bigger and better from the past exhibitions, as we strived to improve with every passing year.—NNI