Preview

Key Issue in Pakistan Industry

Good Essays
Open Document
Open Document
906 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Key Issue in Pakistan Industry
Key Issues in Industry in Pakistan
The previous two chapters have given a chronological account of developments in the industrial sector in Pakistan, showing how perspectives of different regimes have influenced industrial and economic growth. This chapter looks at contemporary issues in the industrial sector, including privatization, the textile sector and a host of others. Many of the issues in the industrial sector today have their roots in policies adopted many years ago; so much so, that some analysts and experts blame the problems of today on key decisions of yesteryear.
8.1 Numbers and Trends in
Industry
The phenomenal growth rate experienced in the industrial sector in Pakistan in the early 1950s took place, from an almost non-existent base, where the growth rate of the industrial sector was doubling itself every few years. The extraordinary growth rates of over 20 per cent between
1950 and 1955 in large-scale manufacturing were achieved primarily because very little existed to start with and, hence, any investment and production, no matter how little, would register impressive gains. Only in the early 1960s did largescale manufacturing come close to the extraordinary period of the early and mid-1950s. Nevertheless, overall manufacturing did manage to produce a growth rate of close to 10 per cent on average throughout the 1960s (Table 8.1), followed by a substantial reduction in the 1970s, the reasons for which were discussed in the previous chapters. The 1980s once again saw a return to a very impressive annual average growth in manufacturing of 8.21 per cent, a fact which received much recognition by international agencies and independent analysts and scholars (see Chapter 7).
A trend which is striking for its monotony is that exhibited by the small-scale sector. The first few years, 1950 to 1962, show a consistent trend of 2.3 per cent annual growth, followed by a growth rate of 2.9 per cent over the next eight
years,

You May Also Find These Documents Helpful

  • Satisfactory Essays

    As Pakistani urban brand awareness was gradually enhanced, it absolutely was greatly promoted enhancing that is a of local shoes. Pakistan footwear maker has achieved an excellent success through the improvement of quality and advancement of new brand.…

    • 283 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Banking is one of the most sensitive businesses all over the world. Banks play very important role in the economy of a country and Pakistan is no exemption. Banks are custodian to the assets of the general masses. The banking sector plays a significant role in a contemporary world of money and economy. It influences and facilitates many different but integrated economic activities like resources mobilization, poverty elimination, production and distribution of public finance. It is purchase of car or building of a home banks are always there to serve you better. It is play ground or any educational or healthy societal activity the money of banks nurture them. It is an industrial project or agricultural development of the country the sponsor-ship of banks is very much involved. Banks play very positive and important role in the overall economic development of the country.…

    • 6454 Words
    • 26 Pages
    Good Essays
  • Good Essays

    Pakistan has a very vibrant and forward looking Pharma Industry. At the time of independence in 1947, there was hardly any pharma industry in the country. Today Pakistan has about 400 pharmaceutical manufacturing units including those operated by 25 multinationals present in the country. The Pakistan Pharmaceutical Industry meets around 70% of the country's demand of Finished Medicine. The domestic pharma market, in term of share market is almost evenly divided between the Nationals and the Multinationals.…

    • 753 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Business market consist of all the organization that acquire goods and services used in the production of other products or services that are sold ,rented, or supplied to other.…

    • 1321 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Pakistani Auto Sector

    • 5249 Words
    • 21 Pages

    This research report has been written only for educational purpose by the above mentioned student of Institute of Business Management.…

    • 5249 Words
    • 21 Pages
    Powerful Essays
  • Satisfactory Essays

    Shakarganj Mills Limited was incorporated in Pakistan in 1967 as a Public Limited Company and is listed on all three stock exchanges of Pakistan. It is a leading manufacturer of food products, industrial ethanol and particle board as well as textiles. It is working hand in hand with the Dairy Industry of Pakistan to improve milk productivity and animal health.…

    • 435 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Leather Industry Pakistan

    • 5970 Words
    • 24 Pages

    TABLE OF CONTENTS..........................................................................................................1 LEATHER INDUSTRY............................................................................................................1 OVERVIEW OF INDUSTRY...................................................................................................1 HISTORY..................................................................................................................................2 PRODUCTION CAPACITY.....................................................................................................2 LOCATIONS IN PAKISTAN...................................................................................................3 TOP PLAYER AND ITS PRODUCTION VOLUME..............................................................4 IMPORT AND EXPORT DATA OF LAST 5 YEARS............................................................4 EXPORT DATA........................................................................................................................4 SOURCES OF RAW MATERIAL...........................................................................................8 PRODUCTION PROCESS.......................................................................................................9…

    • 5970 Words
    • 24 Pages
    Powerful Essays
  • Powerful Essays

    Structural Adjustment Programmes (SAPs) are economic policies for developing countries that have been promoted by the World Bank and International Monetary Fund (IMF) since the early 1980s. Structural Adjustment Policies are economic policies which countries must follow in order to qualify for new World Bank and International Monetary Fund (IMF) lower interest rates loans and help them make debt repayments on the older debts owed to commercial banks, governments and the World Bank.…

    • 2230 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    ANNUAL REPORT & ACCOUNTS FOR THE YEAR ENDED 30TH JUNE, 2013 THE INSURANCE ASSOCIATION OF PAKISTAN (For the use of Members of the Insurance Association of Pakistan only) THE INSURANCE ASSOCIATION OF PAKISTAN EXECUTIVE COMMITTEE Chairman Mr. Tahir Ahmed Vice-Chairman Mr. Mahmood Lotia Members Mr. Ayaz Hussain M. Gad Mr. Shabbir Gulamali Mr. Mohammad Hussain Hirji Mr. Mujib Khan Mr. Ihtsham Ul Haq Qureshi Mr. Muhammad Rahat Sadiq Mr. Muhammad Rashid Mr. Fakhir Rahman (Ex-Officio Member) Secretary General N.A. Usmani REGISTERED & HEAD OFFICE 1713-1715, 17th Floor, Saima Trade Tower-A, I.I. Chundrigar Road, P.O. Box 4932, Karachi-74000 Tel: (92-21) 3227 7165-69 Fax: (92-21) 3227 7170 E-mail: info@iap.net.pk Web: www.iap.net.pk REGIONAL OFFICE 188-A, Opp. Rehmania Park, Shadman-I P.O. Box No. 1275, Lahore-54000 Secretary: Syed Daood Ali Shah…

    • 14689 Words
    • 59 Pages
    Powerful Essays
  • Satisfactory Essays

    FMCG Market in Pakistan

    • 391 Words
    • 2 Pages

    The consumer market especially FMCG is one of the fastest growing industry in Pakistan and there are many players of global fame like Uniliver, Nestle Pakistan, Colgate Pamolive, PEPSI CO, Kraft Foods and well established local contributors for instance, Tapal Tea Pakistan Pvt Ltd, Engro Foods, Seasons Canola Pakistan( Wali Oil Mills). The objective of this blog is to prepare a complete data of FMCG trade nationwide which could help lot of new entrants and to provide useful information to make different sorts of strategies.…

    • 391 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    40 % of the projects failed to achieve their business goals soon in one year.…

    • 1081 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Pak Fah Yeow International Limited is a well-recognised pharmaceutical company in Hong Kong having a long history of over 85 years. With the great success of the product “Hoe Hin White Flower Embrocation”, the company is able to generate stable profits. To add more varieties, the company has introduced several product lines, including the Fuzai 239, which is a floral scented version of the original Pak Fah Yeow.…

    • 375 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    E-voting which is physically supervised by representatives of governmental or independent electoral authorities (e.g. electronic voting machines located at polling stations);…

    • 503 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Sugar Industry of Pakistan

    • 8008 Words
    • 33 Pages

    | “The accouterments of [Pakistan 's] state power and prestige ring hollow when people are dying in their search for food”AbstractPakistan is the 15th largest producer of sugar in the world, 5th largest in terms of area under sugar cultivation and 60th in yield. The sugar industry is the 2nd largest agro based industry which comprises of 83 sugar mills. With this scenario, Pakistan has to import sugar which exposes it to the effects of shortage and rising prices in the world.As is true in many countries, the Government of Pakistan is heavily involved in the sugar industry, regulating mill construction, trade and prices, and influencing farmers ' crop decisions in various ways. One reason for the large government involvement with sugar is the political importance of the crop. Sugar is also the second most important cash crop in Pakistan after cotton. Self-sufficiency in sugar is a goal, but one that to date has proven illusive. The major sugar crop is sugarcane. A study it revealed that more than 65 per cent farmers have decreased the total area under cane production due to water shortage, behavior of the mills’ management, late payments, increased input cost, and diseases and rodent attack. There has been confrontation between growers and millers over price. Growers demand higher price for their raw material and millers complain about increase in production cost and imports. Late crushing causes dissatisfaction as well as financial loss to both, farmers and millers. Other problems are stagnant cane yield, non-payment of dues to growers by mills, and low import parity prices. Till now it’s not been cleared that is the current crisis manufactured/fake shortage or is it real and unavoidable.ACKNOWLEDGEMENTSThis report owes its final shape and form to the assistance and hard work of many people but first of all we would like to thank Almighty ALLAH. We as a…

    • 8008 Words
    • 33 Pages
    Good Essays
  • Powerful Essays

    Mncs in Pakistan

    • 2692 Words
    • 11 Pages

    Globalization has accelerated in recent years, a development that has significant implications for the regulation and governance of international business, trade and investment. International business implies no fundamental shift in the underlying principles of trading or business functions but simply more cross-border transactions. In simpler terms it includes all commercial transactions ± private and governmental ± between two or more countries. Private companies undertake such transaction for profit; governments may or may not do the same in their transactions.…

    • 2692 Words
    • 11 Pages
    Powerful Essays

Related Topics