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Companies located within SITE area 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]
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 .
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. It contains approximately 2,400 factories.
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.
The All Pakistan Textile Mills Association (APTMA) is an association for Textile industry in Pakistan.APTMA represents over 400 textile mills in Pakistan. [2]The textile industry is Pakistan's largest industry and textile is the most important export of Pakistan. [3]
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 ...
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.
Karachi (/ k ə ˈ r ɑː tʃ i /; Urdu: کراچی [kə.ɾɑː.t͡ʃiː]; Sindhi: ڪراچي ; IPA: [kəˈraːtʃi] ⓘ) is the capital city of the Pakistani province of Sindh.It is the largest city in Pakistan and 12th largest in the world, with a population of over 20 million.