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Pakistan, which had almost no large industrial units at the time of partition in 1947, now has a fairly broad industrial base, and manufacturing accounts for about 17 percent of GDP. Cotton textile production is the single most important industry, accounting for about 19 percent of large-scale industrial employment.
Pakistan Industrial Development Corporation (PIDC) was founded as a state corporation under Pakistan's Ministry of Industries and Production in April 1951. It began operations in 1952. [ 1 ] The PIDC board of directors included members of industrial families such as Naseer A. Sheikh of the Colony Group , Adamjee Group , and Syed Amjad Ali of ...
Urdu in its less formalised register is known as rekhta (ریختہ, rek̤h̤tah, 'rough mixture', Urdu pronunciation:); the more formal register is sometimes referred to as زبانِ اُردُوئے معلّٰى, zabān-i Urdū-yi muʿallá, 'language of the exalted camp' (Urdu pronunciation: [zəbaːn eː ʊrdu eː moəllaː]) or لشکری ...
Pakistan Industrial Development Corporation (PIDC) is a state corporation of Pakistan under Ministry of Industries and Production. It was created to set up industries in Pakistan in such fields where the private sector was shy and where large amount of capital outlay with long gestation period was required.
The nation encountered a lack of economic infrastructure, financial resources, and an industrial foundation, particularly with poverty rates ranging from 55% to 60% in the West Pakistan region. Due to limited capital in the small private sector, the government opted to focus on the public sector to foster economic and industrial development.
Initially established as Pakistan Department of Research in 1951, PCSIR was reformulated in its current form in 1953. The PCSIR was established in Karachi by Prof. Dr. Salimuzzaman Siddiqui in 1953 for the development of scientific and technical Research and Development and to provide infrastructure for industrial development in Pakistan. [1]
In context of Asian economies, reindustrialization is a natural process of economic growth in which former industrial powerhouses China, India and South-East Asia are re-establishing their economies Advocates of reindustrialization believe that manufacturing and other industrial jobs are more socially and economically desirable than jobs in the ...
Youm-e-Takbir (Urdu: یومِ تکبیر, lit. "The Day of Greatness") is a national day celebrated in Pakistan on May 28 each year. It commemorates the Chagai-I and Chagai-II nuclear tests conducted by Pakistan in 1998. These tests made Pakistan the seventh country to possess nuclear weapons and the first Islamic-majority nation to do so. [8] [9]