PM Abbasi has advised the industrial sector to upgrade its technology in order to improve its competitiveness in local as well as international markets. Talking to businessmen at a meeting, he said new technology is substantially increasing industrial efficiencies. Abbasi said the govt. is addressing the issue of high cost of doing business by improving governance and expanding tax base. There are several ways of reducing costs of inputs. Tax reduction is one way; duties cannot substantially be reduced or abolished until the tax net is enlarged, but the govt. will facilitate manufacturers to the maximum level.