Formation of Pakistan Foundry Association began in the early half of year 2003, when a few foundries started working on the use of computer simulation technology for foundry in Pakistan . It was realized that technology growth issues can not produce enormous results unless they are taken up on common platform. Responding to this idea some of the Leading foundries teamed up for creating the structure of this great idea.

Small and Medium Enterprise Development Authority (SMEDA) of Pakistan guided PFA through it's stage of inception and the organization was registered on15th March, 2004.