LCCI, PISMIDA Sign MoU to Promote Industrial Growth and Technological Advancement

LCCI members to receive exclusive discounts and preferential pricing on industrial sewing machinery

By Muhammad Shahzad | Lahore, Pakistan

LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) and the Pakistan Industrial Sewing Machine Importers & Dealers Association (PISMIDA) have signed a Memorandum of Understanding (MoU) to strengthen cooperation aimed at promoting industrial development, technological advancement, and investment in Pakistan’s textile, garment, and allied manufacturing sectors.

The MoU was signed by LCCI President Faheem Ur Rehman Saigol and PISMIDA Chairman Muhammad Yaseen. The agreement is designed to enhance collaboration between the two organizations for the benefit of the business community and the country’s manufacturing industry.

Under the agreement, LCCI members will be entitled to exclusive discounts and preferential pricing on industrial sewing machines, equipment, spare parts, and accessories supplied by PISMIDA member companies. The two organizations will also jointly promote technology adoption, industry awareness, skills development, and business growth initiatives.

The signing ceremony was attended by LCCI Vice President Khuram Lodhi, former Senior Vice President Ali Hussam Asghar, Executive Committee Member Syed Salman Ali, and Executive Committee Member Rana Shoban Akhtar.

Representatives of both organizations expressed confidence that the partnership would help modernize Pakistan’s industrial sector, improve access to advanced manufacturing technologies, and create new business opportunities across the textile and garment value chain.

They said the collaboration reflects a shared commitment to strengthening Pakistan’s manufacturing base, enhancing industrial competitiveness, and supporting sustainable economic growth through innovation and closer cooperation between industry stakeholders.