Lifts and Escalators

Problem Statement:

Pakistan is seriously behind in lifts and escalator and moving conveyor technology and this is an area where reasonable cost can bring higher adoption..

Type:

Ideas.

Description:

Lifts, escalators and conveyors are a big part of modern life. The project is to form a think tank to help develop and promote the development of local components so that these systems can be manufactured at affordable costs thus promoting modern living..

People Impact:

This has the potential of creating tens of thousands of jobs and value add to the overall economy..

Financial Impact:

Creating more value out of the existing by products will add new revenue streams to the local economies..

Domestic Jobs:

30000.

Foreign Jobs:

30000.

Domestic Market in Rs:

3000000000.

Export Market in Rs:

3000000000.

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