industrialization in pakistan slideshare

The activity in the manufacturing sector is comprised of large, medium and small-scale. The industrial Production growth rate during the year 2005 remained 6%. Downloadable! Importance of Industrial Sector For A Country. The role of manufacturing in the economy has declined and its rate of growth lags far behind India, Bangladesh and Sri Lanka. Industrial Sector of Pakistan; Industrial Sector is the second largest individual sector of the economy accounting for 24% of the GDP. 2. The cost was as high as 5.7 per cent of GDP in 1980-81 slightly falling to 5 per cent by 1990-91. In the history of Pakistan, there was a policy of import substitution, in the early 1950s. It is a huge barrier in the way of industrial advancement. Large scale manufacturing growth rate is 19.9%. Average annual real GDP growth rates were 6.8% in the 1960s, 4.8% in the 1970s, and 6.5% in the 1980s. Different Phases of Industrial Development in Pakistan. Government of Pakistan being aware of the importance of industrialization called an industrial conference in dec. 1947. 4. 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. The conference recommended the establishment of industries which used locally produced raw material like jute, cotton and skin. Industrial Development in Pakistan At the time of independence, Pakistan has inherited only 34 industrial units out of 921 industrial units in subcontinent. a) 1950s: The era of rapid industrial growth b) 1960s: The ere of industrial stabilization c) 1970s: Nationalization and its impacts d) 1980s: Russia-Afghan war and pro-industry policies of Zia As the manufacturing industries of Pakistan have grown sharply since Independence, they have suffered from gross inefficiencies; resulting in enormous cost to the economy. A. Bhutto’s period and … https://www.slideshare.net/UsmanKhalil9/industrial-growth-of-pakistan Pakistan's Share in World Exports 2017 120 100 80 60 40 20 0 % Pakistan Bangladesh 96 77 Pakistan is deindustrializing prematurely. MBA (IRM) students Presentation on Industrial Sector Pakistan. The large-scale manufacturing sector of Pakistan included a handful of industrial units such as textiles, cement, sugar, tea blending and vegetable ghee in … 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. 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. But out of 921 industrial units, Pakistan got only 34 industrial units that are just 3.69 % of total industrial 4. share. As a result, over the last decade and a half, Pakistan has lost share of world exports, Pakistan's population has grown rapidly from around 30 million in 1947 to over 130 million in 1996. There was a trend of industrialization in the 1960s. Cotton and cotton-based products account for 61% of export earnings of Pakistan. 3. Pakistan's industrial sector accounts for about 64% of GDP. Despite this, Pakistan's average economic growth rate since independence has been higher than the average growth rate of the world economy during the same period. Industrial Sector and Its Components. So, quality and quantity of production was very low it creates a bad view of our industry at world level.3) Industrial Share Before partition, there were 921 total industrial units in sub-continent. The policy of Nationalization was adopted in Z. 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