Manufacturing industry in Pakistan has been growing steadily, and in the 2001-2003 financial years the growth in the industry was about 7.7%, and for the twelve months that ended in June 2004, the country’s large-scale manufacturing experienced growth of above 18% in comparison to other years. Natural gas in Pakistan is substantially large and the levels of the remaining reserves are thought to so huge, and they are expected to last for at least 20 years because of heavy use in the country. The growth rate of industrial sector for the year 2009-2010 remained 4.9 percent % The income of the labor, due to higher productivity increases. The Kargil conflict was a major blow to Pakistan-India relations. Maximum problems of industrial sector will be solved. Discuss the role or importance of transport and communication to the economic development of the Pakistan? Pakistan is an independent state located in South Asia and ranked as the world’s 55th country with the largest factory output. Being students of a reputable institution "Hailey College of Banking & Finance Punjab University"" we are thankful to our Professor Farah Naz Naqvi who sparkled our presentation skills and taught us to visualize the practical picture of the Economy. Large scale manufacturing growth rate is 19.9%. It should be in mind that, if there is no industry; there is no economy, no development and no improvements. It is also Pakistan’s principal seaport and a major commercial and industrial center. Government of Pakistan knows the weakness, but still no one pays heed in this sector. Manufacturing in the country can be categorized into two; that is large scale manufacturing, which is valued at $28 billion and the small scale manufacturing sector, which is valued at $653 billion. The World’s Largest Oil Reserves By Country, Top Cotton Producing Countries In The World. They have made major advancements in Telecommunications, real estate, and energy. Following are the main industries of our country. Industrialization increases the income of the workers. The activity in the manufacturing sector is comprised of large, medium and small-scale. Archroma Pakistan is a multinational company that is working in Pakistan as well. Governments should attract foreign investment by giving maximum facilities to foreign investments. Thus, more than all other factors affecting the location of large and heavy industries, quite often they are established at a point which has the best economic advantage in … There is no proper waste collection system 2. INDUSTRIES OF PAKISTAN BY:HANAN,FALAK,USMAN 10.C.C 2. The government of Pakistan has recently pursued policies to develop the region so that it can exploit the vast resources found in the region. Major Industries in PakistanTextile IT industryMining andextractionCementTelecom SportsSurgicalSuger fertalizer Gul Ahmed is the best textile industry in Pakistan it is one of the oldest and most famous brand in Pakistan and also lots of other countries in the world it also do the garment export. Government should obtain maximum foreign AID to compensate low rate of saving so that maximum investment will take place in country. Industrial sector is also plays great role in social welfare this sector meets different needs of society like food and fiber requirement of population. Industrialization provides machinery like tractors, thrashers, harvesters, bulldozers, aerial spray etc.. to be used in the farm sector. Developed industrial sector means development and economic welfare of the individuals. It helps in increasing the export of manufactured goods and thus earns foreign exchange. Therefore, a … Most of the present economic problems in Pakistan are ultimately linked to the slow pace of industrial development. Agriculture, minerals, transport and communication trade and other sector of the economy mainly depend on industrial sector. Economic Stability:2.0.2 2. Cone cream plants, etc…. Governments should charge Minimum taxes from industrialists. They not only receive higher prices for their exports and earn foreign exchange but their financial and political condition also become more stable. Industrial development increases the revenue of the government which is spent on the welfare of people. Its other locations in the country are Jamshoro and Lahore. Horticultural development is a fairly recent, yet growing phenomenon. The garment and textile industry together with its related products is by far the single largest industry in Pakistan, and it is made up of 453 textile mills which are composed of 403 spinning units, 50 integrated units having 9.33 million spindles and 148,000 rotors. Alibaba.com offers 223 major industries products. Pakistan has fast deposits of numerous minerals and other natural resources, and some of the most important minerals in the country include limestone, chromite, gypsum, iron ore, gold, silver, rock salt, copper, precious stones, coal, gemstones, marble, graphite, fireclay, sulfur, and silica among others. Two of its aircrafts also crossed into Pakistan air space and one was shot down. The use of cotton has increased by about 5.7% in the country over the last five years, and the economic growth has been averaging about 7%. It has increased the income of the people and there is no need to export the raw material. According to one estimate more that 50% of total labor force is employed in industry. has helped in import substitution and has saved a substantial amount of foreign exchange. We should establish every type of industry in every line so that we will be able to produce every product in our country and in this we can maximum Imports. So in this ways this sector increases national GDP. The customs excise duties and other taxes levied on the production of goods increase the revenue of the state. In 1953, they have stepped in to the field of clothes manufacturing. Causes of industrial backwardness in Pakistan are different types and nature these problems can be solved with sincere efforts of governments. Development of industrial sector means more investment, employment and production. Pakistan's industrial sector accounts for about 24% of GDP. The industrial Production growth rate during the year 2005 remained 6%. Due to industrialization in Pakistan  now cotton and sugarcane is used in the domestic industries. Industries lack facilities, such as buildings, well workers, new technology, well managers and many more. Pakistan - Pakistan - Government and society: In 1947 the newly independent Pakistan consisted of two distinct parts: the smaller but more densely populated East Pakistan, centred on the Ganges-Brahmaputra delta region, and the much larger West Pakistan, occupying the northwestern portion of the Indian subcontinent. BTH Endeavour to Highlight Positive image of Pakistan, اسلام آباد میں ماحول دوست کشتی رانی کا سنہری موقع ضائع نہیں ہونا چاہیے۔ احمد جواد سنٹرل سیکریٹری انفارمیشن پی ٹی آئ۔, The Reality of Broad Sheet | Ahmad Jawad |, One week performance of PTI Govt. The division of work increases the marginal value product of labor. In the country, more waste is being produced than the number of facilities available to manage it. Increase in foreign exchange reserve:2.0.3 3. Industries moved to southern states only when hydro-power could be developed in these coal-deficient areas. describe the characteristics and assess the contribution of … Improvement of Balance of Payment and government revenue:2.0.6 6. Being the 6th most populated country in the world; there is a lot of consumerism and with it a great deal of waste being produced. In international market, those countries are enjoying higher living standards which we industrially developed. Importance of Industrial Sector in Pakistan or Role of Industrial Sector In economic Development. Pakistan is one of the largest manufacturing countries in the world, and it is ranked as the 30th largest. The economy in Pakistan has changed in a major way from an agriculturally based economy to a more modern technology based economy. Government should establish maximum industrial cities and zones where every facility should be provided to industrialists easily and at low rates. The province of Punjab has the world’s largest deposits of salt, while the province of Balochistan is an area with rich deposits of oil and gas, although it has not been fully exploited or explored. On the contrary, there were also some successes in … It the above steps are taken by the government sincerely and at proper time and with full commitment. A nation which depends upon the production and export of raw material alone cannot achieve a rapid rate people. Improves quality of the product and helps in widening of the market. They have their own carpenters, cobblers, potters, craftsmen and cotton weavers.Many families depend on cottage industries for income. Cotton textile production and apparel manufacturing are Pakistan's largest industries, accounting for about 65% of the merchandise exports and almost 40% of the employed labour force. Oil was first discovered in Pakistan in 1952 at Suo Sui in the province of Balochistan and in 1960 a the Toot oilfield in Islamabad in Punjab province with production increasing steadily. In an agrarian country people in general are illiterate. The industrial activity compared to agricultural is easy to control. On the other hand The processing of raw material at home curtails the import of goods and thereby helps in conserving foreign exchange. Domestic production of items such as refined sugar steel, fertilizer, cement, etc. Most villages are self-sufficient in the basic necessities of life. Manufacturing industry accounts for approximately 20% of the total output in the country, and over the last five years, the manufacturing industry has experienced an average growth of 3.4% annually. For instance.. Pakistan has now attained a fairly diversified base in manufactures ranging from essential consumer goods to chemicals, steel, heavy engineering and achene's and tool industries. In Pakistan, school management committees were designed to empower communities to advocate on behalf of their children’s education, but they are largely non-functional. In cities, improved facilities of sanitation and health care are available. No doubt, deficiency of capital is a problem in Pakistan but the major problem is that existing capital is not properly utilizing due to lack of consultancy firms. Industry Industries in pakistan (24.3% inGDP) Role of industries in the economyof Pakistan Problems to Industries in Pakistan Solution of the problems Conclusion 2. Major Pakistani exports to the UK are textiles, rice, leather/leather products, carpets and fruit. It has increased the income of the people and there is no need to export the raw material. Industries will make the people hardworking and will go a long way to increase their efficiency. Major Industries in PakistanTextile IT industryMining andextractionCementTelecom SportsSurgicalSuger fertalizer From the above discussion it is clear that no doubt Industrial sector has much importance for economic development without industrial sector no country can make progress in this modern world. Reduction in the Rate of population Growth. “industry refers to that sector of economy which isrelated with manufacturing and production ofproducts. Extension of market depends on the quantity of demand. Waste is dumped on the streets 3. It is engaged in field of sales and marketing of paper, textile, adhesives, construction and coatings industries. Therefore dependence on other countries and deficit in balance of trade and balance of payments can be decreased and we may be able to save foreign exchange. The UN's Food and Agriculture Organisation estimates 2.2% of the total land of Pakistan is covered by forests. Cotton and cotton-based products account for 61% of export earnings of Pakistan. contributes substantially to the country’s exports, provides raw material to major industries such as textile, sugar, dairy, leather and other agro-based industries and as well as market for industrial products. Pakistan has experienced rapid economic growth to become a semi-industrialized economy, a situation which has caused the emergence of major cities such as Karachi and Lahore. Industrial Sector plays very important role in increasing exports of country major exports of our industrial sector are. Ans: The voluntary savings stimulate industrial growth and by cumulative effect lead to further expansion of industry. Government should provide maximum credit facility to businessman so that they will be able to meet there all financial needs and carry on their business. Industrialization eliminates dependence on agriculture only. Pakistan International Container Terminal “Industry refers to that sector of economy which isrelated with manufacturing and production ofproducts. So that they may not be discount maximum tax concessions should be given to businessman. The other major industries that they have made leaps and bounds in are: Software, automotives, textiles, cement, fertilizer, steel, ship building, aerospace,… The country also is a major producer of bituminous coal, lignite, and sub-bituminous coal. These types of business industries play an important role in the development of the nation. Industrial sector earns a good amount of foreign exchange for the country which is used for repairing national debt and for imp0rtant of machinery etc. To find the importance of different minor industries in Pakistan Problems of industrial sector Comparison with other countries Solution to the problem 3437 days since Independence Day . A wide variety of major industries options are available to you, There are 223 major industries suppliers, mainly located in Asia. Industries of pakistan 1. The top supplying country or region is Pakistan, which supply 100% of major industries respectively. Industrial Development in Pakistan At the time of independence, Pakistan has inherited only 34 industrial units out of 921 industrial units in subcontinent. At present the share of industrial sector to GDP is 6.8%. In this way deficiency of investment can be made up. 10 Animals That Live in Pakistan — Pakistan Animals. This name is one of the most iconic names in textile industries of Pakistan. The percentage of Pakistan's area that is forest is disputed. At the time of independence we had only 34 Industrial Units. Pakistan ranks forty-first in the world and fifty-fifth worldwide in factory output. Industrialization promotes specialization of labor. Industrialization increases the supply of goods both for internal and external markets. Modem defense cannot be put on a sound footing unless its basic needs are met from within the country itself and these basic needs are mainly supplied by modem industry, in the present times it have become more important as we surrounded by enemies. Some of the challenges facing the Pakistanis economy include increasing public debt, reducing exports and increasing imports, lack of political consensus, low taxation and low investment, low savings and high consumption-oriented society, and the shrinking share in world trade among other major challenges. Controversial Industrial development strategies. Industrialization leads to migration of surplus labor from farm sector to the industries mostly situated in urban centers. Industrial sector also contributes in gross domestic product (GDP) of country According to year 2004-05 the contribution of industrial sector in GDP is 18.3 Percent. By exporting finished and industrial goods we can earn a lot of money as compared to exporting raw materials. Our Country should establish labor intensive industries instead of capital intensive industries because we have cheap labor and we have shortage of capital. The current economic outlook of Pakistan presents some opportunities however the country is also facing different challenges particularly in the long term where it could severely affect the prospects of growth, and therefore the economy would only experience some sporadic bursts of the growth as opposed to having a sustained upward trajectory. Supports Agricultural, Defence and other sectors of economy:2.0.5 5. Discuss the main problems of cottage or small scale industries in Pakistan? Chemical Industries In Pakistan the industries of soda ash, colour, caustic soda, sulphuric acid, insecticides and pharmacy medicines have done much progress. Its headquarter is located in Karachi. Defense is very important requirement of every country industrial sector provide modern arms and other equipment’s for defense. In 2005, a Canadian based company signed an agreement with the state-owned Oil and Gas Company of Pakistan to explore the Toot field. What Are The Biggest Industries In Pakistan? The increase in the income of the farmers has given boost to economic development in the country. Armament Industry We are preparing Rifles, Machine Guns, Mortars and other small weapons. Industrial Sector is the second largest individual sector of the economy accounting for 24% of the GDP. It enhances their capacity to save. Aims and objectives To find out the importance of different major industries of Pakistan. 5. by Ahmad Jawad | Secretary Information PTI |, موبائل فون کا استعمال۔۔۔ گلاں سوچن دیاں۔۔۔۔, One week performance of PTI by Ahmad Jawad, Broad Sheet Reality | Ahmad Jawad | PTI |, Youngest Billionaire Mark Zuckerberg has a competition from Hussain Nawaz, Six recommendations for the prevention of cyber bullying (5/6). Industrial sector increases revenue of Government because industrial sector pays different type of taxes to government like. It served as a center of administration in the first years of independence before Rawalpindi became Pakistan’s interim capital in … Objectives: Students should be able to: locate and describe, with reference to case studies, the factors influencing the location of the main manufacturing industries. Pakistan is a developing country and there population growth rate is 1.573% in 2011. but the rate of increase in G.N.P is relatively low, therefore, there is general unemployment (25 %) in 2009, and disguised unemployment is increase in agriculture sector. Industrial Sector is second largest sector of our economy. With developed industrial sector we cannot only produce substitute of imported goods but we can export them to other countries. Utilization of Natural Resources:2.0.4 4. Customary traditional and backward in thinking industrial starts running on the path of development. The country has experimented with several economic models during its existence. Looking for different industries in pakistan ? The investment in modern industries is not only costly but also risky. Imports of country can be reduced by establishing industries of those goods that are being imported from other countries in this way national foreign exchange service can be saved. Industrialization brings structural changes in the pattern of foreign trade of the country. Government should maintain law and order in country so that security of life and property will be given to business and they will fed comfortable and will be ready to invest in country. Industrialization is the best way of providing economic stability to the country. Increased Production will expand the scale of production with the result cost of production will be decreased and the profit will be increased for the business people. Causes of Industrial Backwardness: 1. Increase in production will increase the national income. Similarly, natural gas was also discovered 1952 at the giant gas field Sui in the province of Balochistan. There is a demand of finished products within and outside the country. The government o… The increased use of modem inputs has increased the yield of crops per hectare. The fiscal year ( FY ) 2011-12 increased from … Alibaba.com offers 223 industries... 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