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Machinery imports rose by 11.73 percent in the first eight months of the current fiscal year (July-February) when compared to the same period last year. The higher influx of machinery is seen as a favorable sign for the national economy, as it aids in boosting productivity, facilitating technology transfer, and promoting infrastructure growth in various industries.

Experts think that the increase in imports is in line with the government’s continuous policy efforts designed to enhance industrial capabilities, boost exports, and speed up economic development. According to official data provided by a news agency, the total imports of the machinery sector during July-February of the fiscal year 2025-26 amounted to $6.987 billion, compared to $6.253 billion during the same period in the previous fiscal year. The figures showed that imports of agricultural machinery and equipment increased by 17.14 percent, moving from $77.528 million to $90.815 million, which is anticipated to support better farm mechanization and boost agricultural efficiency.

In the same way, the imports of textile machinery increased by 25 percent, rising from $328.510 million to $411.4411 million, aiding the modernization of Pakistan’s main export-focused textile industry and allowing producers to implement cutting-edge manufacturing technologies.

Imports of power generation equipment also rose by 9.30 percent, moving from $497.458 million to $543.728 million, indicating ongoing investment in energy infrastructure to maintain a stable electricity supply for both industrial and residential use.

A notable increase was observed in the imports of construction and mining equipment, rising by 83.28 percent, from $89.307 million to $163.682 million. This growth reflects robust activity in infrastructure projects and construction endeavors throughout the nation.

Similarly, the import of office equipment, such as data processing devices, experienced a significant increase of 41.48 percent, rising from $335.230 million to $474.285 million, indicating the accelerating rate of digital transformation and automation in both public and private sectors.

Other equipment imports increased by 29.39 percent, reaching $477.201 million from $368.810 million, while imports of other machinery went up by 26.98 percent, rising from $1.411 billion to $1.791 billion during the period in question. Imports in the telecommunications sector grew by 29.54 percent, moving from $1.368 billion to $1.772 billion, and mobile phone imports climbed by 29.59 percent, from $999.555 million to $1.295 billion. However, imports of electrical machinery and equipment dropped by 18.96 percent, decreasing from $2.146 billion to $1.739 billion. On a year-over-year basis, total machinery imports increased by 4.31 percent, from $834.824 million to $870.799 million.

Economists argue that the rising imports of industrial equipment indicate enhanced investor trust and the government’s focus on promoting industrial expansion, technological advancement, and long-term economic sustainability.

Provided by SyndiGate Media Inc.Syndigate.info).