Federal Minister for Defence Production Rana Tanveer Hussain has said the country's defence production has gained international recognition and Federal government would endeavour to seek fresh markets and thereby increase its defence exports.
He expressed these views during the visit to Pakistan Ordnance Factories (POF). The Minister said necessary funds would be released during next fiscal year for POF to enhance its production capacity further.
The Minister said that due to lower cost and high standard, the ordnance is in great demand.
"We could increase our production capacity by outdating old infrastructure," he said.
The Minister said that various European countries are strengthening their economies on the footing of ammunition export.
He said the government is fully aware of the requirement of its defence forces and has taken many steps to meet them. He said defence of the country could not be compromised at any cost.
Source: BR
Senator Mushahid Hussain's Speech on June 11, 2015
Senator Mushahid Hussain's Speech on June 10, 2015