Statistics show that present strategy initiatives and developments counting monetary tightening, exchange rate depreciation and changes in import and custom duties are all expected to dampen local demand, particularly imports. The extra revenue initiatives and a cut in federal development spending proposed in the Finance Supplementary …
Read More »Dominance of auto, cement and steel in LSM sector
The large-scale manufacturing (LSM) sector has 80 percent share in manufacturing and 10.8 percent share in the gross domestic product (GDP) whereas small-scale manufacturing has 13.8 percent share in manufacturing and 1.9 percent in GDP. The sector is poised to …
Read More »Conditions for large scale industries getting from bad to worse
The manufacturing sector in Pakistan suffers from some contentious issues. It was expected that the incumbent government would be able to address some of the contentious issue. However, many of the U-turns have added to the concerns rather than providing …
Read More »Establishment of SEZs will spur growth in manufacturing sector
Manufacturing is considered as backbone of economy for Pakistan which provides employment opportunities to a bulk of population. It is second largest sector of the economy with a share of 10 percent to GDP. The sector is mainly divided into …
Read More »Pakistan’s LSM has huge growth potential overall but will remain dim in near term
Industrial sector is capable of providing sustainable economic benefits, needs improvement Interview with Mr Junaid Esmail Makda – President, Karachi Chamber of Commerce & Industry (KCCI) PAGE: Tell me something about yourself and your organization, please: JUNAID ESMAIL MAKDA: Besides being the …
Read More »Innovative and development policy for industrialization need of the hour
Govt must announce the soft package for new and existing industries endurance Interview with Mr Khalid Tawab – Chairman, Tawab Group of Companies PAGE: Tell me something about yourself and your organization, please: KHALID TAWAB: I am Chairman of Tawab …
Read More »Fiscal review of small and large scale manufacturing
Research studies reveal that the manufacturing plays a vital role in any economic development as it has multiplier impact on growth through value addition. In Pakistan, the overall manufacturing sector contributes 13.6 percent in Gross Domestic Product (GDP). The economic …
Read More »Improving LSM sector sees strong future
After registering a 10-year high growth of 5.7 percent last year, large scale manufacturing (LSM) has taken an even better start in the first two months of this fiscal year. In July-August this year, annualized increase in LSM output heighten …
Read More »