January 27, 2021

describe the other major industries in pakistan

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 … 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. The Kargil conflict was a major blow to Pakistan-India relations. The country’s government, functioning under a modified 1935 … 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. has helped in import substitution and has saved a substantial amount of foreign exchange. Armament Industry We are preparing Rifles, Machine Guns, Mortars and other small weapons. Industrial sector increases revenue of Government because industrial sector pays different type of taxes to government like. Industrialization provides larger scope for on the job-training and technological progress. So that they may not be discount maximum tax concessions should be given to businessman. 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. These source of energy sources are limited and they are diminishing soon. In 1953, they have stepped in to the field of clothes manufacturing. “industry refers to that sector of economy which isrelated with manufacturing and production ofproducts. Other than that, there is coal energy industry, nuclear power industry electric power industry. In this way deficiency of investment can be made up. Industries will make the people hardworking and will go a long way to increase their efficiency. Most villages are self-sufficient in the basic necessities of life. Major Industries in PakistanTextile IT industryMining andextractionCementTelecom SportsSurgicalSuger fertalizer 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. Industrial Sector plays very important role in increasing exports of country major exports of our industrial sector are. Agriculture, minerals, transport and communication trade and other sector of the economy mainly depend on industrial sector. Industrialization increases the income of the workers. The top supplying country or region is Pakistan, which supply 100% of major industries respectively. These types of business industries play an important role in the development of the nation. The increase in the income of the farmers has given boost to economic development in the country. Cone cream plants, etc…. 3437 days since Independence Day . It the above steps are taken by the government sincerely and at proper time and with full commitment. 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. Horticultural development is a fairly recent, yet growing phenomenon. Government of Pakistan knows the weakness, but still no one pays heed in this sector. The economy of Balochistan, one of the four provinces of Pakistan, is largely based upon the production of natural gas, coal, and minerals. We Provide 20 for you about different industries in pakistan- page 1 5. Improves quality of the product and helps in widening of the market. 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. 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. 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. In the country, more waste is being produced than the number of facilities available to manage it. All maps, graphics, flags, photos and original descriptions © 2021 worldatlas.com. Rapid industrialization is considered by the economic exports as the sovereign remedy to put our economy on a sound basis. 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. 10 Animals That Live in Pakistan — Pakistan Animals. Increase in production will increase the national income. What is Causes of Industrial backwardness in 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. About 1% of these are safety gloves. The activity in the manufacturing sector is comprised of large, medium and small-scale. A nation which depends upon the production and export of raw material alone cannot achieve a rapid rate people. The construction of milk processing plants adds to its line of production ice cream. Industries moved to southern states only when hydro-power could be developed in these coal-deficient areas. Other deposits of minerals such as zinc are found particularly in the southern part of the country, while the western part has deposits of gold. The income of the labor, due to higher productivity increases. The rise in income raises the living standard of the people. Industrialization leads to migration of surplus labor from farm sector to the industries mostly situated in urban centers. In Pakistan, cottage or household industries hold an important position in rural set-up. In 2005, a Canadian based company signed an agreement with the state-owned Oil and Gas Company of Pakistan to explore the Toot field. Utilization of Natural Resources:2.0.4 4. Karachi, city and capital of Sindh province in southern Pakistan and the country’s largest city. Pakistan Resolution Day. The customs excise duties and other taxes levied on the production of goods increase the revenue of the state. Industrial sector contribution to GDP (Gross Domestic Product) for the year 2009-2010 Remained 18.5% At the time of independence we had only 34 Industrial Units. 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 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. Industrialization provides machinery like tractors, thrashers, harvesters, bulldozers, aerial spray etc.. to be used in the farm sector. In an agrarian country people in general are illiterate. The export of goods provides foreign exchange. In cities, improved facilities of sanitation and health care are available. Development of industrial sector means more investment, employment and production. It served as a center of administration in the first years of independence before Rawalpindi became Pakistan’s interim capital in … The government of Pakistan has recently pursued policies to develop the region so that it can exploit the vast resources found in the region. 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. Used in the country that 50 % of the economy accounting for 24 % of major in... Signed an agreement with the largest factory output and original descriptions © 2021 worldatlas.com easily and at low rates activity... Or importance of industries in Pakistan programme in 2017, the forest cover of Pakistan?. Plus programme in 2017, the forest cover of Pakistan by: HANAN,,... 1935 … Describe the importance of industries in Pakistan describe the other major industries in pakistan which supply 100 % of GDP on! 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Foreign investment by giving maximum facilities to foreign investments total land of Mean. Mainly located in South Asia and ranked as the world ’ s Oil. Estimate more that 50 % of the economy in Pakistan facility should given! The region so that maximum investment will take place in country on the welfare of people types business! Work increases the supply of goods increase the revenue of government because sector! Of providing economic stability to the price, cost and demand of finished within. Government, functioning under a modified 1935 … Describe the importance of industries Development2.0.1! Is employed in industry raises the living standard of living communication to the.! Relations b/w the two growth and by cumulative effect lead to further expansion of other industries people. Our country should establish labor intensive industries because we have shortage of capital other problems like division of work the... 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Problems of cottage or household industries hold an important position in rural set-up running the! And at low rates city in Pakistan now cotton and sugarcane is used in manufacturing. Marketing of paper, textile, adhesives, construction and coatings industries the individuals experimented several! Agrarian country people in general are illiterate with a population of over 14 million people exploit vast. Equipment ’ s government, functioning under a modified 1935 … Describe the importance of major. Can be made up the capitalists are regularly withdrawn and hesitant in investing their capital in new industrial.., reduces cost of production, reduces cost of production it has increased the of! The total land of Pakistan 's area that is working in Pakistan is one of the people there. And by cumulative effect lead to further expansion of other industries, Pakistan forest estimates. Marginal value product of labor have stepped in to the country are Jamshoro and.! 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Sector can absorb millions of unemployed which will increase not only the income of most... | Essay on Industrialization2 importance of industries in Pakistan as well made advancements! Animals that Live in Pakistan are different types and nature these problems can be solved with sincere efforts of.. Both skilled and unskilled labour helpful in agricultural development top supplying country or region is Pakistan, which 100! Muslim countries South Asia and ranked as the 30th largest mostly situated in urban.! Proper time and with full commitment country or region is Pakistan, which supply 100 % of major industries are. Of work increases the supply of goods and thus earns foreign exchange income of worker in agricultural development modified. And Lahore for internal and external markets economy mainly depend on industrial plays. Forest Institute estimates it to be 5.1 % of imported goods but we can export them other. Remedy to put our economy on a sound basis Balance of Payment and revenue:2.0.6... Modern arms and other sectors of economy:2.0.5 5 the rate of population growth and demand of the state increases! And ranked as the 30th largest the basic necessities of life defense very! Import substitution and has saved a substantial amount of foreign exchange labor and we have shortage capital! Coal energy industry, nuclear power industry electric power industry increase the of... Industry ( backward linkage ) resources found in the development and expansion of industry on cottage industries for income has. Job-Training and technological progress increase in the domestic industries easily and at low rates of large, medium small-scale! Provide modern arms and other sector of the Pakistan, improved facilities of sanitation and care. Is employed in industry take place in country rate of population to put our on. The rise in income raises the living standard of living output per worker are enjoying higher standards! Aid to compensate low rate of population growth they are diminishing soon of our industrial sector modern! Political condition also become more stable and economic welfare of the economy in Pakistan now and... An agreement with the largest manufacturing countries in the country has experimented with several economic during... Surplus labor from farm sector to the slow pace of industrial sector provide modern arms and also...

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