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Data-based research prerequisite to improve quality of decisions: Mehar

Business Recorder • • 1 min read

Data-based research prerequisite to improve quality of decisions: Mehar

Business Recorder reported that Mehar Tiwana of the Centre for Economic Research in Pakistan (CERP) called reliable, impartial data essential for stronger policy and business decisions during a meeting with the Faisalabad Chamber of Commerce and Industry. She said CERP had studied strategic local issues and could examine the benefits and drawbacks of making Faisalabad Pakistan’s first Textile Circular City.

FCCI leaders proposed a shared industrial database, artificial-intelligence pilot projects and training for small and medium-sized enterprises, alongside a permanent forum for research and policy discussions. Mian Javed Iqbal said Faisalabad already recycles 60-65 percent of Pakistan’s textile waste, while global funding could help smaller power-loom businesses address resource constraints. The proposed initiative was presented as a way to support a greener economy and sustain exports.

At a glance

  • CERP said impartial data can strengthen policy and business decisions.
  • FCCI proposed joint industrial research and technology initiatives.
  • Faisalabad is reported to recycle 60-65 percent of Pakistan’s textile waste.
Sectors:Textile Composite

Originally reported by Business Recorder

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