8

Role Of Industries In The Economy Of Pakistan

CONTEXT• Industry• Industrial sector Accounts (24.3% of

GDP)•Role of industries in the economy of

Pakistan •Problems to Industries in pakistan•Solution of the problems

industry• “industry refers to that sector of economy which is related

with manufacturing and production of products.• Major Industries in Pakistan

Textile IT industryMining and extraction

Cement

Telecom SportsSurgical

Suger fertalizer

Textile Industry• major contributer to foriegn exchange, cotton and cotton

based products accounts for 61% in export• 3rd largest exporter of the world• Over 1.3 million farmers, upto 5 million are involved in the

cultivation of this crop• 8.5% contribution to GDP • Scarf, winter Shawls, wool fibrics, Blankets etc are the

products of Textile

Sugar industry

• In Pakistan in 1947 there were only two suger industries• At present 106 suger mills are opreating in pakistan• It is 2nd largest industry after textile• 15th rank in the world in suger production • Employment 1 million• GDP contribution is 0.7%

Cement Industry• Cement contribution in GDP is 3.5% • Exported last year 700 million USD (47% increaed)• Pakistan has ranked 5th position in world exporter of

cement• Total companies 23, 4 forigen and 3 controlled by

armed forces• 19 are listed in stock exchange

Fertilizer industry

• Fertilizer is any oraganic and inorganic products added to soil to supply plant nutritent.• Major products are Uera, DAP, NP, CAN, SSP• Contribution of fertilizers are 14% in GDP• Emlpoyment are 4.7 million• Major fertilizer corporations are FFCL Pak Arab fertilizer Engro fertilizer Fatima fertilizer

Sports Industry

• Sport goods are football, hockey sticks, cricket bat, volley ball, golf ball, badminton rackets, basket ball, boxing gloves• 40 million balls are anually exported worth 210 USD• Sialkot export 70% of sports products to international. • increased 7.8% in last year• Employement more than 200,000• Exporting goods worth $450 million • Total companies 2400

Mining and extraction industry• Pakistan has natural resuorces over 600,000 km2

• Coal, Gas, Salt, Gold, Marbel, Gam stones, are big resources• Only Gold production is 450 crore USD• Oil extruction, Marbel industry provide a lot of

employement

• Gold, copper Reserves is esti-mated to $260billion

Telecom Industry

• Telecommunication is the transmission of information over significance distance• Major categories are Telephone, Mobiles, Internet• Contribution in GDP is 6%• Created 220,000 high paying job• Pakistan is now a leader in mobile usage in south Asia• Jazz, warid, telenor, ufone,Zong, PTCL are major TelecomCompanies

GDP Contribution of Different Sectors of Economy

• Agriculture 20.47%• Crops 9.90%• Livestock 9.97%• Fishing 0.33%• Forestry 0.25%

• Industry 23.93%• Manufacturing 17.53%• Mining 2.39%• Construction 2.19%• Electricity & Gas 1.80%

• Services 55.60%• Wholesale & Trade 17.25%• Transport 11.80%• Finance & Insurance 3.59%• Ownership 2.22%• Public Administration & Defense 5.4%• Community & Social Professional Services 10.22%

Problems to the industrial Sector of Pakistan

Power shortage

Lack of trained manpower

Diffeculty in export

Lack of new technology

Changing political and economic policies

Bad law and order situation resulting in lower investment

Higher interest rate

Terorisum which reflects foreign investors

Following are main problems to industrial which make obsticle in the way of growth in their producton, result in transforing industries to other countries.

Suggested solution

Forigen investmentAttract foringen cargo

airlines Micro cridit

Innovative technology

Substitute of powers (oil, gas, wind mills)

Decrease interest rate privitization

Traning of labour Research development

THANK YOU