Technological advancement, innovation key to business success

LAHORE: Technological advancement is a key to success for business as not only it opens new avenue of progress and prosperity but also provides a chance to the business community to avail global opportunities with an ease.

These views were expressed by LCCI Vice President Nasir Saeed while addressing the inauguration ceremony of ATS latest machinery display center here at Badami Bagh.

Chairman PASPIDA Abul Hameed, Vice Chairman Mian Ibrar Hussain, LCCI Executive Committee Members Mian Zahid Javed, Abdul Razaq, Waqar Ahmed Mian, CEO ATS Amjad Wazir, Khalid Wazir, Sohail Imtiaz Butt, Faisal Imtiaz, Zeeshan Khalil and others were also present.

The LCCI Vice President said Pakistani entrepreneurs should focus on innovation as it was one of the proven tool to win the global market. It was a good omen that the business community was diverting its attention towards modern technology and shifting their business operations on the latest techniques.

He said only market and product diversification could help us to make our way in the global market, therefore, the government and private sector should focus this area though jointly evolved strategy.

Nasir Saeed said the business community was a backbone of the economy as more than 90% revenue was being generated through trade and industry. Therefore, the businessmen should be given due facilitation and for the purpose the LCCI would continue to play its role pro-actively. APP