Future of Industries of Pakistan

Presented By: Faisal A. Ghani

Farrukh Mustaqeem

Basic Industries in Pakistan

• Textile & Leather• Sugar Refining• Fertilizers• Petroleum Products• Cement• Automotives and OEMs• Steel & Ship Building• Food, Beverages & Tobacco• Consumer Electrics• Chemicals Rubber & Plastic• Paper, Printing & Publishing

A Brief History

• 1947 Embryonic Stage• 1950s Textile and Small Scale

Manufacturing• 1960s Golden Era • 1970s Dhaka Falls, Nationalization,

Hampered Growth, Capital Flight• 1980s Steady Recovery and Growth• 1990s Growth in Primary Industrial Units, Recovery • 2000s Growth in Tertiary Sector/ Service

Industries• 2010 Fingers Crossed

Industrial Support Bodies

• Engineering Development Board• Pakistan Industrial Development Corporation• Small & Medium Enterprises Development

Authority (SMEDA)• State Engineering Corporation• National Fertilizer Corporation• Utility Stores Corporations• Federal Boilers Board• Pakistan Steel Mills Corporation• National Industrial Parks

The Recent Picture

Factors That Inhibit Industrial Growth

• High Cost of Doing Business (Financial, Managerial, Materials, Labor)

• Environmental Challenges

• Political Instability and Poor Law & Order

• Technical Problems

• Poor Investment Opportunities

• Poor or Reduced Supply of Raw Materials

Approach For Future

• Establishment of Technical Training Centers

• Skill Development

• Procurement of Industrial Inputs

• Industrial Infrastructure Including industrial parks

• Tax Holidays and Export incentives

• Cheaper Finance

Conclusion

• Pakistan has registered a plausible growth in its short history averaging around 6% year on year basis

• Industrial Fate of Pakistan heavily depends on cheap materials, easy tax policy, industrial infrastructure, political stability and ready and cheap finance

• Industries have evolved, industrial revolution of Pakistan is yet to take place.

Questions?