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Pak Furniture Industry

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Pak Furniture Industry
SME | Furniture Industry | Empowering Furniture Manufacturing based SMEs in Chiniot will result in higher volumes of Furniture Exports |

Group Member: Amjad Nawaz L1S07BBAM0122 Saqib Zahoor Khan L1S07BBAM2044 Zain Bin Gohar L1S07BBAM0080 Ammar Akram Alizai L1S07BBAM0155 Syed Hammad Raza L1S07BBAM

Contents Abstract 3 Introduction to Furniture Industry of Pakistan 4 Chiniot’s Furniture Industry 6 Literature Review 7 Articles 7 Prospects and fears for Pakistan’s furniture industry 7 Why do small firms fails to graduate to medium and large firms in Pakistan 7 Wooden furniture: Great Export Potential 8 Dimensions of manufacturing strength in the furniture industry 8 Aggressive and passive exporters: a study in the furniture industry 8 Handbook On Long Term Financing Schemes Of State Bank Of Pakistan 9 Hypothesis 10 “Empowering Furniture Manufacturing based SMEs in Chiniot will result in higher volumes of Furniture Exports” 10 Questionnaire 10 Identification of problem through research 11 Exogenous Factors: 11 Endogenous Factors: 12 Other Obstacles 12 Conclusion & Recommendation 14 References 15

Abstract This project was performed to measure the potential of Chiniot made furniture in the foreign market. We feel that lack of government support to streamline this industry is one of the main reasons but the report will enlighten the other factors which made the government uninterested in this sector of industry. A questionnaire was made to test what were some of the reasons this sector of the industry in not flourishing and what can be done so that this industry to perform to its fullest potential.

Introduction to Furniture Industry of Pakistan
Pakistan’s share in the international wooden furniture market is insignificant, despite the fact that the country has a history of craftsmanship and innovation in the field of wooden furniture.
The wooden furniture industry represents 95 percent of the



References: * http://tribune.com.pk/story/19304/prospects-and-fears-for-pakistans-furniture-industry/ * http://www.pide.org.pk/pdf/PDR/1993/Volume4/1249-1257.pdf * http://www.jang.com.pk/thenews/investors/sep2002/if.htm * http://www.sciencedirect.com/science?_ob=ArticleURL&_udi=B6VB7-3SX1X9H-5&_user=10&_coverDate=11/30/1997&_rdoc=1&_fmt=high&_orig=search&_origin=search&_sort=d&_docanchor=&view=c&_acct=C000050221&_version=1&_urlVersion=0&_userid=10&md5=dcd284c31241b1258d0f5b03e154507f&searchtype=a * http://www.emeraldinsight.com/journals.htm?articleid=855195&show=abstract * http://www.furniturepakistan.org.pk/images/Financin%20Facility%20For%20Furniture%20Sector.pdf

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