Finance Minister Muhammad Aurangzeb on Friday indicated that Pakistan may soon begin exporting locally manufactured electric fans featuring modern, energy-efficient technology to Gulf and African countries—an initiative that could boost the nation’s export economy.
Pakistan’s fan industry is centered in the Punjab cities of Gujranwala and Gujrat, home to a large number of small and medium enterprises (SMEs). These cities host the country’s leading fan manufacturers, supplying products across Pakistan.
Speaking at the “Made in Gujranwala Exhibition” in Islamabad, Aurangzeb emphasized the government’s push to diversify exports beyond traditional sectors like textiles. He highlighted the rising global demand for energy-efficient appliances, especially in warmer regions, as an opportunity for Pakistan’s manufacturers to expand internationally.
“We want these products to not only serve local needs but also capture a significant share in export markets,” he said. “With our productivity and internationally competitive technology, we must take this industry to the next level.”
Pakistan’s exports rose by 11% to $30.7 billion in the fiscal year ending June 2024, according to the Pakistan Bureau of Statistics. As of March 2025, exports had reached $24.7 billion—an 8% increase compared to the same period the previous year.
Aurangzeb described Gulf and African nations as ideal markets for Pakistani goods and reaffirmed the government’s commitment to export-led growth. “Every sector must contribute to exports,” he said, assuring business owners of full support from the finance ministry.
The government is currently working with the International Monetary Fund (IMF) to stabilize the economy, with a $1 billion loan tranche expected to be approved soon under a new program.