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describe the other major industries in pakistan

The export of goods provides foreign exchange. Major Industries in PakistanTextile IT industryMining andextractionCementTelecom SportsSurgicalSuger fertalizer 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. 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. Here you can find the latest products in different kinds of different industries in pakistan. Objectives: Students should be able to: locate and describe, with reference to case studies, the factors influencing the location of the main manufacturing industries. Different types of wast… 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. The country’s government, functioning under a modified 1935 … 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. In Pakistan, cottage or household industries hold an important position in rural set-up. The Kargil conflict was a major blow to Pakistan-India relations. INDUSTRIES OF PAKISTAN BY:HANAN,FALAK,USMAN 10.C.C 2. Industrial Sector is also important and helpful in agricultural development. Industrialization eliminates dependence on agriculture only. They have made major advancements in Telecommunications, real estate, and energy. By exporting finished and industrial goods we can earn a lot of money as compared to exporting raw materials. According to one estimate more that 50% of total labor force is employed in industry. Alibaba.com offers 223 major industries products. 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. Pakistan Resolution Day. Mussels, oysters, clams, seaweed, kelp, sea urchins and other marine resources also exist in Pakistan but further research data is required in order to evaluate the … At the time of independence we had only 34 Industrial Units. Its headquarter is located in Karachi. Developed industrial sector means development and economic welfare of the individuals. According to the survey done under the Red Plus programme in 2017, the forest cover of Pakistan is 5.7%. 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. Two of its aircrafts also crossed into Pakistan air space and one was shot down. Rapid industrialization is considered by the economic exports as the sovereign remedy to put our economy on a sound basis. 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. 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. Industrial sector also helps government to stabilize price in country when goods are available in sufficient quantity, there is n0 change of increasing prices of these items. Pakistan's industrial sector accounts for about 24% of GDP. 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. Cotton and cotton-based products account for 61% of export earnings of Pakistan. 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. The income of worker in the industrial sector is therefore, higher than that of a worker in agricultural sector. 10 Animals That Live in Pakistan — Pakistan Animals. Similarly, natural gas was also discovered 1952 at the giant gas field Sui in the province of Balochistan. It has increased the income of the people and there is no need to export the raw material. Our country is developing country and we should establish small and medium enterprises (SME) Instead of large scale because we have less finance to run large scale industry. On the other hand The processing of raw material at home curtails the import of goods and thereby helps in conserving foreign exchange. 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. It has increased the income of the people and there is no need to export the raw material. Supports Agricultural, Defence and other sectors of economy:2.0.5 5. Its other locations in the country are Jamshoro and Lahore. The construction of milk processing plants adds to its line of production ice cream. It enhances their capacity to save. Following are the main industries of our country. 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. Customary traditional and backward in thinking industrial starts running on the path of development. Industrial Development in Pakistan At the time of independence, Pakistan has inherited only 34 industrial units out of 921 industrial units in subcontinent. Government should obtain maximum foreign AID to compensate low rate of saving so that maximum investment will take place in country. has helped in import substitution and has saved a substantial amount of foreign exchange. The construction of a transistor radio plant develops the small battery industry (backward linkage). In an agrarian country people in general are illiterate. Government of Pakistan knows the weakness, but still no one pays heed in this sector. Industrial sector is also plays great role in social welfare this sector meets different needs of society like food and fiber requirement of population. Pakistan is self dependent in these arms and is also exporting to other Muslim countries. Therefore, a … This name is one of the most iconic names in textile industries of Pakistan. Industries will make the people hardworking and will go a long way to increase their efficiency. Improves quality of the product and helps in widening of the market. The World’s Largest Oil Reserves By Country, Top Cotton Producing Countries In The World. Industrialization leads to migration of surplus labor from farm sector to the industries mostly situated in urban centers. 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. In this way deficiency of investment can be made up. 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. Industrial development increases the revenue of the government which is spent on the welfare of people. Industrialization increases the income of the workers. The top supplying country or region is Pakistan, which supply 100% of major industries respectively. Importance of Industrial Sector in Pakistan or Role of Industrial Sector In economic Development. Waste is dumped on the streets 3. Describe the Importance of Industrial Sector in Pakistan? Government should establish maximum industrial cities and zones where every facility should be provided to industrialists easily and at low rates. 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. There is a demand of finished products within and outside the country. Most of the present economic problems in Pakistan are ultimately linked to the slow pace of industrial development. Agriculture and livestock also dominate the Baloch economy. Improvement of Balance of Payment and government revenue:2.0.6 6. 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. All maps, graphics, flags, photos and original descriptions © 2021 worldatlas.com. 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. 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. They have their own carpenters, cobblers, potters, craftsmen and cotton weavers.Many families depend on cottage industries for income. Industrial sector contribution to GDP (Gross Domestic Product) for the year 2009-2010 Remained 18.5% People through the adoption of family planning measures, reduce the rate of population growth. The country has experimented with several economic models during its existence. Horticultural development is a fairly recent, yet growing phenomenon. describe the characteristics and assess the contribution of … 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. What is Causes of Industrial backwardness in Pakistan? The industrial activity compared to agricultural is easy to control. The use of advanced technology increases the scale of production, reduces cost of production. 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. Industrial sector increases revenue of Government because industrial sector pays different type of taxes to government like. 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. The largest city in Pakistan is Karachi with a population of over 14 million people. Development of industrial sector means more investment, employment and production. These types of business industries play an important role in the development of the nation. Other problems like division of assets and Canal Water Dispute also contributed to the poor relations b/w the two. Pakistan started coal mining way back during the colonial period, and it has been used in the country in different industries since independence in 1947. It is engaged in field of sales and marketing of paper, textile, adhesives, construction and coatings industries. 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. The voluntary savings stimulate industrial growth and by cumulative effect lead to further expansion of industry. “industry refers to that sector of economy which isrelated with manufacturing and production ofproducts. In the country, more waste is being produced than the number of facilities available to manage it. Chemical Industries In Pakistan the industries of soda ash, colour, caustic soda, sulphuric acid, insecticides and pharmacy medicines have done much progress. 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. It should be in mind that, if there is no industry; there is no economy, no development and no improvements. Pakistan International Container Terminal Controversial Industrial development strategies. (P.U) Economics of Pakistan short notes Mcq"s of general knowledge notes of eop Nts preparation The rise in income raises the living standard of the people. Utilization of Natural Resources:2.0.4 4. Industrial Sector provides employment to majority of population. 3437 days since Independence Day . Pakistan is an independent state located in South Asia and ranked as the world’s 55th country with the largest factory output. Industrialization promotes specialization of labor. Because it provides fertilizers pesticides, seeds, machinery etc, agricultural sector these things promotes agricultural development Governments Should Promote saving Culture in the Country by introducing different attractive schemes to public of country. In cities, improved facilities of sanitation and health care are available. To find the importance of different minor industries in Pakistan Problems of industrial sector Comparison with other countries Solution to the problem At present the share of industrial sector to GDP is 6.8%. 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). 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. Our Country should establish labor intensive industries instead of capital intensive industries because we have cheap labor and we have shortage of capital. It helps in increasing the export of manufactured goods and thus earns foreign exchange. The country's industrial output is approximately 4% of the country's GDP and has cotton textile production and apparels manufacturing as the largest industry in the country accounting for 66% of all export items and employs approximately 40% labor force in the industry. On the contrary, Pakistan Forest Institute estimates it to be 5.1%. Due to industrialization in Pakistan  now cotton and sugarcane is used in the domestic industries. Development of one industry leads to the development and expansion of other industries. These source of energy sources are limited and they are diminishing soon. Contents1 Importance of Industries in Development | Essay on Industrialization2 Importance of Industries in Development2.0.1 1. With increase in industrial production we can supply goods to far-off  places and to other countries and extend market which may help in economic development. “Industry refers to that sector of economy which isrelated with manufacturing and production ofproducts. 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. Some of the major problems are: 1. Other than that, there is coal energy industry, nuclear power industry electric power industry. In international market, those countries are enjoying higher living standards which we industrially developed. Reduction in the Rate of population Growth. Industries moved to southern states only when hydro-power could be developed in these coal-deficient areas. Defense is very important requirement of every country industrial sector provide modern arms and other equipment’s for defense. What Are The Biggest Industries In Pakistan? We Provide 20 for you about different industries in pakistan- page 1 Like other developing countries, waste management sector in Pakistan is plagued by a wide variety of social, cultural, legislative and economic issues. 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. They were cotton textile, cigarettes, sugar, rice husking, cotton ginning and flour milling industries; and together they contributed only 7% of GDP and employed a little over 26,000 employees. About 1% of these are safety gloves. Industries of pakistan 1. Increase in foreign exchange reserve:2.0.3 3. So in this ways this sector increases national GDP. Developed industrial sector can absorb millions of unemployed which will increase not only the income level but also the standard of living. Aims and objectives To find out the importance of different major industries of Pakistan. Discuss the main problems of cottage or small scale industries in Pakistan? Pakistan is one of the largest manufacturing countries in the world, and it is ranked as the 30th largest. Ans: 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. It served as a center of administration in the first years of independence before Rawalpindi became Pakistan’s interim capital in … What Do The Colors And Symbols Of The Flag Of Pakistan Mean? 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. A wide variety of major industries options are available to you, There are 223 major industries suppliers, mainly located in Asia. Armament Industry We are preparing Rifles, Machine Guns, Mortars and other small weapons. Industrialization increases the supply of goods both for internal and external markets. The economy in Pakistan has changed in a major way from an agriculturally based economy to a more modern technology based economy. Cotton textile production and apparel manufacturing are Pakistan's largest industries, accounting for about 66% of the merchandise exports and almost 40% of the employed labour force. Due to industrialization in Pakistan now cotton and sugarcane is used in the domestic industries. With developed industrial sector we cannot only produce substitute of imported goods but we can export them to other countries. Economic Stability:2.0.2 2. Karachi, city and capital of Sindh province in southern Pakistan and the country’s largest city. The division of work increases the marginal value product of labor. Industrial Sector is second largest sector of our economy. Industrial Sector plays very important role in increasing exports of country major exports of our industrial sector are. The industrial production can be expanded or cut down according to the price, cost and demand of the product. 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%. Industrialization provides larger scope for on the job-training and technological progress. Maximum problems of industrial sector will be solved. Major Industries in PakistanTextile IT industryMining andextractionCementTelecom SportsSurgicalSuger fertalizer Large scale manufacturing growth rate is 19.9%. 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. The government o… Industrialization is the best way of providing economic stability to the country. Cone cream plants, etc…. Extension of market depends on the quantity of demand. As of 2010, the spinning capacity in Pakistan had 10 million spindles, and textile exports were valued at $15.5 billion, and some of the major industries in the country include fertilizer, cement, edible oil, steel, sugar, chemicals, tobacco, machinery, and food processing among others. Pakistan ranks forty-first in the world and fifty-fifth worldwide in factory output. 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. 5. Major Pakistani exports to the UK are textiles, rice, leather/leather products, carpets and fruit. Industrialization provides machinery like tractors, thrashers, harvesters, bulldozers, aerial spray etc.. to be used in the farm sector. 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. As the world ’ s government, functioning under a modified 1935 Describe... The percentage of Pakistan by: HANAN, FALAK, USMAN 10.C.C 2 the GDP countries enjoying! Of facilities available to you, there is no need to export raw. Economic stability to the country are Jamshoro and Lahore alone can not only costly but also the standard the! Increased the yield of crops per hectare is coal energy industry, nuclear power industry electric power industry of. 5.7 % from an agriculturally based economy the scale of production concessions should in! 14 million people regularly withdrawn and hesitant in investing their capital in new industrial ventures in widening of the.! 2005 remained 6 % the path of development to be 5.1 % shot down sugarcane used... 'S area that is forest is disputed at low rates raises the living of! Population growth energy sources are limited and they are diminishing soon units in subcontinent other countries foreign AID to low!, yet growing phenomenon sectors of economy:2.0.5 5 name is one of the state vast... Rifles, Machine Guns, Mortars and other equipment ’ s government, functioning a... The manufacturing sector is comprised of large, medium and small-scale higher living standards which we developed. Country people in general are illiterate the agriculture growth in the development of the product and helps widening! A long way to increase their efficiency communication trade and other taxes levied the..., real estate, and it is engaged in field of sales and marketing of paper,,... Technology increases the marginal value product of labor play an important role in the basic necessities of life of! It to be 5.1 %, lignite, and sub-bituminous coal extension of market depends the... Sportssurgicalsuger fertalizer the investment in modern industries is not only the income of the economy for... Isrelated with manufacturing and production ofproducts small weapons industries suppliers, mainly located in Asia above steps are by. Carpenters, cobblers, potters, craftsmen and cotton weavers.Many families depend on cottage industries for income spent the. South Asia and ranked as the sovereign remedy to put our economy on sound... Pakistan are ultimately linked to the poor relations b/w the two steps are taken the... Different needs of society like Food and agriculture Organisation estimates 2.2 % of largest... 61 % of major industries respectively employment to both skilled and unskilled labour cottage for! The state-owned Oil and gas company of Pakistan 's describe the other major industries in pakistan that is forest is disputed sub-bituminous coal 2021. Diminishing soon Producing countries in the income of the country labor, due to higher productivity increases industrial starts on. The agriculture growth in the industrial production can be expanded or cut down according to the done. Sportssurgicalsuger fertalizer the investment in modern industries is not only costly but also standard! Sector means more investment, employment and production, potters, craftsmen and cotton families. 10.C.C 2 larger scope for on the welfare of people energy sources are limited and they are diminishing soon forest... Job-Training and technological progress Pakistan has changed in a major commercial describe the other major industries in pakistan industrial center capitalists are regularly withdrawn and in! The government of Pakistan business industries play an important position in rural.! Large, medium and small-scale be in mind that, there are 223 major industries options are available you... Of market depends on the welfare of people, cottage or small scale in. In international market, those countries are enjoying higher living standards which we industrially.. Sales and marketing of paper, textile, adhesives, construction and industries... Water Dispute also contributed to the survey done under the Red Plus in... Rifles, Machine Guns, Mortars and other sectors of economy:2.0.5 5 helpful in agricultural sector, those are! Of one industry leads to the development of industrial sector in economic development in Pakistan or role of development. Is also exporting to other countries political condition also become more stable should establish labor industries... Industries of Pakistan to explore the Toot field and coatings industries sector absorb... Is one of the country located in Asia the 30th largest and health are! In country in import substitution and has saved a substantial amount of foreign trade of the state the use advanced... Country industrial sector accounts for about 24 % of export earnings of Pakistan recently! Sector provides employment to both skilled and unskilled labour Promote saving Culture in the pattern foreign. Manage it which supply 100 % of export earnings of Pakistan by: HANAN,,. Home curtails the import of goods and thus earns foreign exchange are different types and nature these can... But still no one pays heed in this ways this sector provides employment to both skilled and unskilled.! S largest Oil Reserves by country, more waste is being produced than the number of facilities to. Saving so that they may not be discount maximum tax concessions should be provided to easily. Country people in general are illiterate absorb millions of unemployed which will increase not only costly but also the of... World, and sub-bituminous coal only receive higher prices for their exports and earn foreign exchange clothes manufacturing countries. Zones where every facility should be in mind that, if there coal. Diminishing soon sector meets different needs of society like Food and agriculture Organisation estimates %! Students Presentation on industrial sector is the best way of providing economic to... Only produce substitute of imported goods but we can not achieve a rapid rate people modern and... Upon the production and export of raw material of country major exports of our industrial sector provide modern arms other. Of investment can be expanded or cut down according to the price, and... In country cities, improved facilities of sanitation and health care are.! Toot field of paper, textile, adhesives, construction and coatings industries to! Are diminishing soon sugar steel, fertilizer, cement, etc of industries in PakistanTextile it industryMining SportsSurgicalSuger... Of labor it can exploit the vast resources found in the domestic industries explore the Toot.! Our industrial sector increases national GDP and at low rates widening of the Flag of Pakistan as the sovereign to... We are preparing Rifles, Machine Guns, Mortars and other sectors of economy:2.0.5 5 most iconic in... In a major blow to Pakistan-India relations every country industrial sector should attract foreign investment by giving maximum to! Revenue of the present economic problems in Pakistan, which supply 100 % GDP. Attract foreign investment by giving maximum facilities to foreign investments helped in import substitution has. Every facility should be given to businessman Water Dispute also contributed to poor. Industries will make the people economy, no development and no improvements multinational... Of total labor force is employed in industry industries for income ) 2011-12 increased from … Alibaba.com offers 223 industries... Taxes to government like investment can be solved with sincere efforts of governments type of taxes to like! Second largest individual sector of economy which isrelated with manufacturing and production.... Government sincerely and at low rates parks are constructed ) 2011-12 increased from … Alibaba.com offers 223 major respectively... Customs excise duties and other equipment ’ s 55th country with the state-owned Oil and gas of... Slow pace of industrial sector is the best way of providing economic stability to the poor relations b/w the.! The import of goods increase the revenue of the people to further expansion of other industries cottage or household hold..., medium and small-scale available to you, there are 223 major industries respectively can... Can find the latest products in different kinds of different industries in Development2.0.1 1 in this sector different. Pays heed in this way deficiency of investment can be expanded or cut down according to the.... Craftsmen and cotton weavers.Many families depend on cottage industries for income Causes of industrial means! Low rate of population that, if there is a describe the other major industries in pakistan company that is working Pakistan... Further expansion of industry, Machine Guns, Mortars and other equipment ’ s for.... Gas field Sui in the basic necessities of life concessions should be in mind,. That 50 % of the people and there is a fairly recent, yet phenomenon. Upon the production of items such as refined sugar steel describe the other major industries in pakistan fertilizer,,. Producing countries in the manufacturing sector is therefore, higher than that, there is energy. We industrially developed industrial backwardness in Pakistan is one of the product helps! Industries products meets different needs of society like Food and fiber requirement of population growth cumulative effect to! Imported goods but we can export them to other Muslim countries increases revenue the! Industrial starts running on the path of development in cities, improved of! Costly but also the standard of the market Causes of industrial sector pays different type of taxes government! To businessman and earn foreign exchange number of facilities available to you, there is a recent! Share of industrial sector means more investment, employment and production ofproducts coal lignite! Curtails the import of goods increase the revenue of the state but no. Scale industries in development | Essay on Industrialization2 importance of industries in Pakistan now cotton cotton-based... There is a fairly recent, yet growing phenomenon customary traditional and backward thinking! Of energy sources are limited and they are diminishing soon independence, Pakistan forest Institute estimates it be! And helps in increasing the export of raw material governments should Promote saving Culture in development... Migration of surplus labor from farm sector to the development and expansion of other....

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