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Pakistan's industrial sector (in FY21) accounts for 28.11% of the GDP. Of this, manufacturing makes up 12.52%, mining constitutes 2.18%, construction makes up 2.05%, and electricity and gas 1.36%. The majority of industry is made up of textile units, with textiles contributing $15.4b to exports, making up 56% of total exports.
By 2013, Pakistan's cement industry grew rapidly, driven by demand from Afghanistan and countries boosting the real estate sector. In April 2020, the government introduced an incentive package for the construction industry, including an amnesty scheme, tax exemptions, and a Rs 36 billion subsidy for Naya Pakistan Housing Scheme .
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Industry Net income Nishat Group: Lahore: US$6 billion [1] Conglomerate: Fauji Foundation: Rawalpindi: US$4 billion [2] Conglomerate: US$1.671 billion (2017) [3] Hashoo Group: Karachi: US$3.8 billion [1] Conglomerate: Bahria Town: Islamabad: US$3.4 billion [1] (2021) Real estate: Dawood Hercules Corporation: Karachi: US$1.7 billion [4 ...
Traditional wood furniture in Pakistan is heavy and bulky. Pakistani furniture industry needs to go to light-weight and moveable furniture to be exported to the world market where demand is high to meet the needs of offices, shopping malls, buildings and shopping plazas. [4] Pakistan furniture council urges the government to bar furniture imports.
Pakistan Steel Mills is the current largest industrial corporation undertaking having a production capacity of 1.1—5.0 million tonnes [2] of steel and iron foundries. Built with the contributions of the Soviet Union in the 1970s, it is the largest industrial mega corporation complex, [3] vastly expanded in an enormous dimensions construction inputs, involving the use of 1.29Mn cubic meters ...
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion.
The inflation rate in Pakistan has averaged 7.99 percent from 1957 until 2015, reaching an all-time high of 37.81 percent in December 1973 and a record low of -10.32 percent in February 1959. Pakistan suffered its only economic decline in GDP between 1951 and 1952. [3]