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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.
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.
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. [11]
Out of these, leather and various kinds of wood are abundantly available in Pakistan. The industry annually utilises materials worth Rs. 8 billion including imported raw material. Exports This industry is one of the major foreign exchange earners for Pakistan and is, therefore, receiving full government backing in its development.
The Pakistani rupee depreciated against the US dollar until around the start of the 21st century, when Pakistan's large current-account surplus pushed the value of the rupee up versus the dollar. Pakistan's central bank then stabilized by lowering interest rates and buying dollars, in order to preserve the country's export competitiveness.
Printable version; In other projects Wikimedia Commons; Wikidata item; ... Pages in category "Industry in Pakistan" The following 3 pages are in this category, out of ...
The Defence Industry of Pakistan (Urdu: دفاعی صنعتِ پاکستان), established in September 1951, mainly falls under the purview of the Ministry of Defence Production (MoDP). It aims to foster collaboration and oversee the diverse range of military production facilities that have emerged since Pakistan's independence.
PTA figures for 2007, for comparison, reported 48.5 million subscribers, [6] rising to 102 million (over 60% of the population) by December 2010. [7]In 2007, the largest cellular mobile telephone service providing company in Pakistan was Mobilink, and other companies included Wateen (a member of Dhabi Group).