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Sindh Industrial Trading Estate (SITE) is located in Karachi, Sindh, Pakistan. Designated as an industrial area in 1963, S.I.T.E is the oldest and the largest designated industrial area of Pakistan, encompassing 9,700 acres (19 km 2 ) of land.
The Pakistan Textile City, situated in Karachi, Sindh, is an industrial zone dedicated to textile processing and related industries. Established in 2009, it spans 1,250 acres, [ 1 ] and is strategically located within the North Western Industrial Zone of Port Qasim , just 6 km from the N-5 National Highway .
Valika Textile Mills was the first to locate here in 1947 and the founder of Pakistan Muhammad Ali Jinnah was asked to lay the foundation stone of it. [3] One of the international companies, for example, located at SITE Karachi is Exide Pakistan Limited which manufactures and markets automotive batteries. [6]
As the population of Karachi increased, the land of the mill became part of the city and its real estate value increased. [6] Due to this reason, on October 8, 2008, Fazal Textile Mills decided to relocate its production facility to Nooriabad , near the Super Highway, and construct a mega mall and luxurious residential towers on the existing ...
Textile exports were recorded at $11.625 billion in 2014-2015. In 2015-2016, this number had dropped 7.7% to $10.395 billion. [10] The Pakistan Textile Exporters Association recently requested the government to take significant measures to ensure the growth of textile exports and sustain the employment provided by the sector.
Gul Ahmed began trading in textiles in the early 20th century. [1] In 1953, Gul Ahmed Textile Mills Limited was incorporated as a privately limited company. [1] In 1970, it was listed on the Karachi Stock Exchange. [5] The Ideas retail outlet at the Atrium Mall on Zaibunnisa Street in Saddar, Karachi
In 1947, Valika setup the first textile mill of Pakistan near Metroville, Karachi.It was inaugurated by Muhammad Ali Jinnah. [6] [7]In 1959, Valika founded the United Insurance Company of Pakistan which was later listed on the Karachi Stock Exchange.
Landhi Town includes one of the four largest industrial estates in Karachi and will be the site of a new 250-acre (1.0 km 2) industrial estate for small- and medium-sized businesses. The industrial estate benefits from the proximity of Port Qasim and Jinnah International Airport as well as rail and road links to the rest of Pakistan.