Pakistan Economy: News & Discussion

[praneet.bajpaie]

while the manufacturing sector is expected to grow by 6.1 per cent for 2016-17

What are the manufacturing items of Pakistan apart from textiles? Does Pakistan manufacture any high tech items/engineering goods? Things that require a brain to produce?

Even Bangladesh produces textiles......

 

[tsunami]

What are the manufacturing items of Pakistan apart from textiles? Does Pakistan manufacture any high tech items/engineering goods? Things that require a brain to produce?

Even Bangladesh produces textiles......

illegal guns, terrorist, propaganda, fake currency, drugs... What else you want?

 

[brational]

Baki economy is khairati economy. Bheekh mila to growth, nahi to recession.

 

[ezsasa]

What are the manufacturing items of Pakistan apart from textiles? Does Pakistan manufacture any high tech items/engineering goods? Things that require a brain to produce?

Please don't insult pakis with such questions ...

ONLY ONE THING MATTERS FOR THEM IN THE HIGH TECH ITEMS.....

MIIIIIIJJJJJJIIIIIIILLLLLLEEEESSSSSSS!!!!!!!!

EVERYTHING ELSE IS GRASS....

 

[Neo]

What are the manufacturing items of Pakistan apart from textiles? Does Pakistan manufacture any high tech items/engineering goods? Things that require a brain to produce?

Even Bangladesh produces textiles......

Surgical items and electronic household items and electronics appliances to name a few.

 

[ezsasa]

Surgical items and electronic household items and electronics appliances to name a few.

How is agricultural economy outside of Punjab and Sindh?

 

[Neo]

How is agricultural economy outside of Punjab and Sindh?

Sindh and Punjab have the most fertile lands of the Industry valley hence agricultural growth is never stagnant. it's our main wheat, cotton, rice and dairy belt.

Other regions have modest growth due to lack of arable land. But they produce huge quantities of fresh and dry fruits for local as well as export market.

 

[praneet.bajpaie]

Surgical items and electronic household items and electronics appliances to name a few.

Wow that's it??? lol and you guys claim your missiles are more advanced than India?? Missile components imported I guess.

Surgical items means these

These lower-cost, lower-quality instruments can be processed and sterilized along side German-made instruments. However, Pakistan-made products rust quicker and this rust can damage your high-quality instruments during sterilization. Therefore, if instruments begin to break down (rust), remove them from the surgery pack and dispose of them immediately. Always remember, when it comes to surgical instruments, the lower the price, the lower the quality and the lower the durability

http://www.spectrumsurgical.com/pakistan-made-surgical-instruments.php#

What about high tech medical equipment like X ray machines, etc.

How about these sectors in Pakistan

Automotive from cycles to planes
CNC machines
Engineering Goods like electrical equipment
Windmills
ATM machines
ACs, TVs, fridge, etc.
high tech electronics
high tech medical equipments
printing machinery
textile machinery

Are there any Paki manufacturers of the same or are these things 100% foreign dominated???

 

[Blackwater]

Industry Sector projected growth in FY17
Posted By: News Deskon: August 01, 2016

ISLAMABAD (APP): The Industrial sector of the country is expected to grow at 7.7 percent during the ongoing fiscal year 2016-17 compared to the growth of over 6.4 per cent during the fiscal year 2015-16.

“In view of its higher growth rate during the current fiscal year (against last year’s growth rate), the industrial sector is expected to grow by 7.7 per cent during 2016-17 on the back of better energy supply and planned investment under the China Pakistan Economic Corridor (CPEC),” official sources said.

The mining and quarrying sector is projected to grow by 7.4 per cent while the manufacturing sector is expected to grow by 6.1 per cent for 2016-17, the LSM’s growth rate of 5.9 per cent, small and household manufacturing 8.2 per cent, construction by 13.2 per cent and electricity, generation and gas distribution by 12.5 per cent.

Several energy-related fast-track projects under the CPEC are expected to be completed in the next fiscal year, the sources added.

The LSM growth will also go up with the ongoing construction activities, infrastructure projects and improved energy supply with the import of the LNG and LPG and completion of early harvest energy projects under the CPEC.

Moreover, the aggregate demand is expected to be maintained, provided that the remittances keep flowing while the exploitation and exploration of huge mineral deposits of iron, coal, copper and gold will further boost the industrial sector.

Demand for housing is also on the rise and both public and private sectors are working on housing schemes and these schemes are expected to result in increase in demand for cement and iron, substantially.

Overall, it is expected that improved energy availability, better law and order situation, lower interest rate with the subdued inflation and continued macroeconomic stabilization will play a major role in achieving the next year’s target of industrial growth.

It is pertinent to mention here that growth of the GDP for 2016-17 is targeted at 5.7 per cent with contributions from agriculture (3.5 per cent), industry (7.7 per cent) and services (5.7 per cent).

https://timesofislamabad.com/industry-sector-projected-growth-in-fy17/2016/08/01/

changing country day by day shows u r true paki who indulge in black marketing and need change of country every few months:biggrin2::biggrin2::biggrin2::biggrin2:

 

[Blackwater]

Sindh and Punjab have the most fertile lands of the Industry valley hence agricultural growth is never stagnant. it's our main wheat, cotton, rice and dairy belt.

Other regions have modest growth due to lack of arable land. But they produce huge quantities of fresh and dry fruits for local as well as export market.

#

bottom line is there is no stagnant growth in ur gandum and rice production in ur fake punjab despite huge size than indian punjab, indian punjab scores better in production of ur fucki.ng gandum and rice. thanks to kufur Israel:biggrin2::biggrin2::biggrin2::biggrin2::biggrin2:

 

[mayfair]

#

bottom line is there is no stagnant growth in ur gandum and rice production in ur fake punjab despite huge size than indian punjab, indian punjab scores better in production of ur fucki.ng gandum and rice. thanks to kufur Israel:biggrin2::biggrin2::biggrin2::biggrin2::biggrin2:

It should be remembered that West Punjab was always the pampered region, this was where British initiated large scale irrigation projects. East Punjab (Present day Punjab and Haryana) were crown wastelands. Over the years, the crown wastelands have been transformed into an agricultural powerhouse, the wheat basket of India, while the pampered West Punjab plodders along, struggling to improve productivity, water resource management and declining exports. This despite the Pakis getting >80% allocation of Indus river systems waters. Talk about the height of mismanagement.

 

[G10]

Guys lets have a healthy discussion. What the point in bragging and showing other down.

 

[Neo]

Guys lets have a healthy discussion. What the point in bragging and showing other down.

I like your sense of humor. This is DFI, privately owned non stop propaganda site for whatever is non Indian. Trolling is core business here, even encouraged by some mods.

 

[airtel]

Which electronics Items are manufactured & exported by pakistaan ??
LED TV ? semiconductor chips ? all these industries are manufactured by american & Korean companies in China and now these industries are shifting to India , Malaysia , Taiwan etc because of SCS issues.

pakistaan dont have any semiconductor Fab & you dont have any plan to develop any electronics Industry on the other hand , last year India has invested 5 billion $ to start a semiconductor fab in India which is based on latest Israeli technology .

Surgical items and electronic household items and electronics appliances to name a few.

by the why this is the truth of your cheap surgical items >>


Why does so much of the NHS's surgical equipment start life in the sweatshops of Pakistan?

Keeping down prices means exploiting and endangering the workers, sometimes children as young as seven. Louise Tickle reports

• Louise Tickle
• Monday 19 January 2015 19:20 BST
  
  
  Bhutta’s tour of this not-so-smart neighbourhood of Sialkot included numerous meetings with surgical-instrument factory owners. They were keen to offer him the reassurances he was seeking that labour standards had vastly improved on the poor conditions that he described in his 2008 report for the British Medical Association, on conditions at a range of factories in the city.
  
  Despite these reassurances and years of campaigning via the BMA’s Medical Fair and Ethical Trade Group, which he founded seven years ago, Bhutta’s subsequent tour of the backstreets confirmed that there were still very young children working in filthy, dangerous workshops to make the instruments he and his colleagues use every day in NHS operating theatres.
  
  In pictures: Instruments of oppression
  • 4 show all
  There are thousands of such small, unregulated units in Sialkot – they are "like open garages, the size of a medium-sized bedroom", Bhutta explains – which are subcontracted by larger factories to make the component parts that will later be "finished" and assembled into surgical instruments ready for export.
  
  And no matter how much better the conditions in those larger factories – Bhutta says the improvements since his last visit to Sialkot have been considerable, partly because international medical supplies companies have demanded them – in these small, subcontracted units, little if any progress appears to have been made.
  
  "They’re open to the street, you can easily look inside; we found a seven-year-old working on a grinding machine," Bhutta says. "We interviewed his dad – the boy started six months ago and works 11 hours a day. He gets occasional cuts and abrasions. And his dad told us he hates the work. He gets paid 4,000 rupees a month [a third of the adult minimum wage]. And he doesn’t go to school any more."
  
  The boy’s 10-year-old brother also works in the unit. "The story is, these kids’ uncle died and there was family debt, and the dad had to take them out of school to work to pay it back," Bhutta reports.
  
  Theo Jaekel, a researcher from the Swedish watchdog organisation Swedwatch, who accompanied Bhutta on this trip, confirms that they observed child labour in several small workshops "In one case the manager denied the child was working there," Jaekel recalls. "He said he was a neighbour’s son who liked hanging round, but it was obvious he had a job. He was picking things up in the right order, putting them in cases, taking them to another worker."
  
  The workshops are hazardous to adult workers, let alone children, Jaekel says. "Dirty, with poor or no lighting, cramped rooms, and no safety equipment whatsoever – no breathing masks, goggles or ear plugs. The sound is deafening when you have all these grinding and polishing machines working, and a huge generator in the room so you can’t even speak."
  
  The risk of injury is ever-present. The loss of health is devastating to any impoverished individual when an employer does not pay for medical treatment or ongoing sick leave. These benefits are now provided – though typically informally, rather than contractually – in the bigger factories. But not here.
  
  "Several workers told us that a recurring event is a grinding wheel coming off at full speed," says Jaekel. "They told us of injuries, and in this type of workplace they don’t get help. One man told us of a friend who’d had a grinding wheel that flew off the machine and into his head." Now he’ll never work again.
  
  International labour standards recognise that in some developing countries, impoverished families will rely on income earned by their children. It is stipulated, however, that children under 13 should not work, that hours must be limited, that children must be able to go to school and that the work cannot be hazardous. And since surgical instrument manufacture is inherently hazardous, children should not be working in this sector at all.
  
  More dangerous still, however, is the manufacture of the steel from which every pair of crocodile forceps and iris scissors, every scalpel are made. Factories in Sialkot mostly source their steel from the forges in the nearby city of Daska. It’s here, Bhutta says, that children may be at the most serious risk: child labour is rife in Daska’s forges, with their molten metal and forging hammers.
  
  The UK spends £40bn a year on medical supplies, of which £5bn goes on clinical supplies. There are issues with labour standards in various other product sectors: poor conditions in the manufacture of latex gloves were detailed in a report released last March by the Finnish watchdog Finnwatch. Swedwatch has recently made criticisms of how a manufacturer of theatre gowns treated its workers.
  
  The UK government has no requirement for the NHS to source medical supplies based on ethical principles – a failure that Bhutta deplores. The BMA has worked tirelessly to improve awareness of the need for better standards: in May it published its most recent set of guidelines for doctors working in general practice and healthcare commissioners. These are entirely voluntary, however: they have no teeth.
  
  
  At one of the largest factories Bhutta visited in Sialkot, the manager told him frankly that many companies, including his own, were no longer particularly interested in supplying the NHS, "because they get paid so little for it now. And then, he said, ‘You’re demanding all these conditions, but the prices keep falling’."
  
  http://www.independent.co.uk/life-s...fe-in-the-sweatshops-of-pakistan-9988885.html

 

[airtel]

Which electronics Items are manufactured & exported by pakistaan ??
LED TV ? semiconductor chips ? all these industries are manufactured by american & Korean companies in China and now these industries are shifting to India , Malaysia , Taiwan etc because of SCS issues.

pakistaan dont have any semiconductor Fab & you dont have any plan to develop any electronics Industry on the other hand , last year India has invested 5 billion $ to start a semiconductor fab in India which is based on latest Israeli technology .

Surgical items and electronic household items and electronics appliances to name a few.

by the why this is the truth of your cheap surgical items >>


Why does so much of the NHS's surgical equipment start life in the sweatshops of Pakistan?

Keeping down prices means exploiting and endangering the workers, sometimes children as young as seven. Louise Tickle reports

• Louise Tickle
• Monday 19 January 2015 19:20 BST
  
  
  Bhutta’s tour of this not-so-smart neighbourhood of Sialkot included numerous meetings with surgical-instrument factory owners. They were keen to offer him the reassurances he was seeking that labour standards had vastly improved on the poor conditions that he described in his 2008 report for the British Medical Association, on conditions at a range of factories in the city.
  
  Despite these reassurances and years of campaigning via the BMA’s Medical Fair and Ethical Trade Group, which he founded seven years ago, Bhutta’s subsequent tour of the backstreets confirmed that there were still very young children working in filthy, dangerous workshops to make the instruments he and his colleagues use every day in NHS operating theatres.
  
  In pictures: Instruments of oppression
  • 4 show all
  There are thousands of such small, unregulated units in Sialkot – they are "like open garages, the size of a medium-sized bedroom", Bhutta explains – which are subcontracted by larger factories to make the component parts that will later be "finished" and assembled into surgical instruments ready for export.
  
  And no matter how much better the conditions in those larger factories – Bhutta says the improvements since his last visit to Sialkot have been considerable, partly because international medical supplies companies have demanded them – in these small, subcontracted units, little if any progress appears to have been made.
  
  "They’re open to the street, you can easily look inside; we found a seven-year-old working on a grinding machine," Bhutta says. "We interviewed his dad – the boy started six months ago and works 11 hours a day. He gets occasional cuts and abrasions. And his dad told us he hates the work. He gets paid 4,000 rupees a month [a third of the adult minimum wage]. And he doesn’t go to school any more."
  
  The boy’s 10-year-old brother also works in the unit. "The story is, these kids’ uncle died and there was family debt, and the dad had to take them out of school to work to pay it back," Bhutta reports.
  
  Theo Jaekel, a researcher from the Swedish watchdog organisation Swedwatch, who accompanied Bhutta on this trip, confirms that they observed child labour in several small workshops "In one case the manager denied the child was working there," Jaekel recalls. "He said he was a neighbour’s son who liked hanging round, but it was obvious he had a job. He was picking things up in the right order, putting them in cases, taking them to another worker."
  
  The workshops are hazardous to adult workers, let alone children, Jaekel says. "Dirty, with poor or no lighting, cramped rooms, and no safety equipment whatsoever – no breathing masks, goggles or ear plugs. The sound is deafening when you have all these grinding and polishing machines working, and a huge generator in the room so you can’t even speak."
  
  The risk of injury is ever-present. The loss of health is devastating to any impoverished individual when an employer does not pay for medical treatment or ongoing sick leave. These benefits are now provided – though typically informally, rather than contractually – in the bigger factories. But not here.
  
  "Several workers told us that a recurring event is a grinding wheel coming off at full speed," says Jaekel. "They told us of injuries, and in this type of workplace they don’t get help. One man told us of a friend who’d had a grinding wheel that flew off the machine and into his head." Now he’ll never work again.
  
  International labour standards recognise that in some developing countries, impoverished families will rely on income earned by their children. It is stipulated, however, that children under 13 should not work, that hours must be limited, that children must be able to go to school and that the work cannot be hazardous. And since surgical instrument manufacture is inherently hazardous, children should not be working in this sector at all.
  
  More dangerous still, however, is the manufacture of the steel from which every pair of crocodile forceps and iris scissors, every scalpel are made. Factories in Sialkot mostly source their steel from the forges in the nearby city of Daska. It’s here, Bhutta says, that children may be at the most serious risk: child labour is rife in Daska’s forges, with their molten metal and forging hammers.
  
  The UK spends £40bn a year on medical supplies, of which £5bn goes on clinical supplies. There are issues with labour standards in various other product sectors: poor conditions in the manufacture of latex gloves were detailed in a report released last March by the Finnish watchdog Finnwatch. Swedwatch has recently made criticisms of how a manufacturer of theatre gowns treated its workers.
  
  The UK government has no requirement for the NHS to source medical supplies based on ethical principles – a failure that Bhutta deplores. The BMA has worked tirelessly to improve awareness of the need for better standards: in May it published its most recent set of guidelines for doctors working in general practice and healthcare commissioners. These are entirely voluntary, however: they have no teeth.
  
  
  At one of the largest factories Bhutta visited in Sialkot, the manager told him frankly that many companies, including his own, were no longer particularly interested in supplying the NHS, "because they get paid so little for it now. And then, he said, ‘You’re demanding all these conditions, but the prices keep falling’."
  
  http://www.independent.co.uk/life-s...fe-in-the-sweatshops-of-pakistan-9988885.html

 

[G10]

I like your sense of humor. This is DFI, privately owned non stop propaganda site for whatever is non Indian. Trolling is core business here, even encouraged by some mods.

I meant what i said. I dont quite understand the humour part.

 

[mayfair]

Rice exports: Pakistan loses market to India

Pakistan has lost Iranian rice market to India due to lack of proper transaction channels and relatively high prices, which have negatively affected exports, rice exporters told Business Recorder. Earlier, Iran was importing about 0.6 million tonnes of rice from Pakistan, however India has taken over this market and as a result Pakistan rice exports declined, said senior vice Chairman Rice Exporters Association of Pakistan (REAP) Noman Ahmad Sheikh.

Talking to Business Recorder, he said the main reason behind this market loss was lack of proper transaction system between Pakistan and Iran; however the latter has developed proper channels with India, thus facilitating the whole process. Further Pakistan Research Institutes have failed to develop a single seed during last two decades contrary to India where a lot of new seeds have developed.

Due to outdated seed in the country, per acre yield declined and cost of production increased, said Sheikh adding that Pakistani rice prices are higher in the international market due to high cost of production and are resultantly losing market share.

 

[mayfair]

http://tribune.com.pk/story/1165551/govts-help-sought-businessmen-worried-exports-fall-rapidly/

“Our exports fell 7% in July compared to the same month last year and this demands extra attention as exports have a critical place (in the economy),” he said, adding despite the offer of incentives to exporters in the budget, the performance of “inept export managers” of the Trade Development Authority of Pakistan (TDAP) was visible.
...
Among the factors responsible for the weakening exports, he cited decades of protectionist policies that had left the domestic industry uncompetitive and inefficient. “A protectionist policy works if it protects an infant industry, but protecting mature industries simply does not make sense and is not sustainable,” he remarked.
...
Separately, the Islamabad Chamber of Commerce and Industry also expressed concern over the dwindling exports, which had come down to $20.8 billion in fiscal year 2015-16 compared to $23.7 billion in 2014-15.

 

[bengalraider]

Automobile purchases are a great indicator of the relative affluence of a society

Pakistan-

Pakistan’s local car assemblers Tuesday showed 29 per cent year-on-year growth in July-April 2015-16. The local vehicle sales stood at 184,099 units versus 142,814 units during the same period last year.

India-Domestic passenger car sales rose 9.8 per cent to 2,034,015 units in 2015 as against 1,852,545 units in 2014.

http://www.thehindu.com/business/In...million-units-sold-in-2015/article8092367.ece
http://www.pakistantoday.com.pk/201...ach-184099-units-up-29-in-july-april-2015-16/

 

[mayfair]

^^ So is manufacturing. Alhamdulillah Baki industrial sector is "booming"

Baki deteriorating Industrial sector

LAHORE: A country’s industrial sector is crucial for its enhanced economic performance as it increases the per capita income and is pivotal for the economic development of a country.

Unfortunately, the industrial sector has been either stagnating or declining in Pakistan, therefore per capita income is not growing at the desired rate. The share of industrial sector was around 25% in the GDP in early 2000 and has declined to around 20.50% which has become too low considering the level of economic development of Pakistan. There are certain factors associated with this decline...