Industrialization

(With Respect To Pakistan)

PRESENTED BY:

• IQRA JAVAID (171067)

• HILAL HAYYAT KHAN (180022)
Introduction

 Industrialization is the process by which an economy is transformed

from a primarily agricultural one to one based on the manufacturing
of goods. Individual manual labor is often replaced by mechanized
mass production, and craftsmen are replaced by assembly lines.
Importance of Industrialization

 Economic stability
 higher standard of living
 agriculture development
 increase in employment
 more exports
 Increase in national income
 increase in government revenue
 extension of markets
 import substitute
Industrial Division

 manufacturing industries
 large scale
 small scale
 mining Nd quarrying
 construction
 electric and gas distribution
Types of industries

 Textile
 food
 manufacturing
 agriculture
 information technology
 telecom
 automobile
 petroleum
 pharmaceutical
contd

 chemical
 electronic
 steel
 fertilizer
 paper Nd paper board
Countries G.D.P contribution

 Pakistan 23.6%
 Bangladesh. 28.5%
 India. 26.3%
 Iran. 41.7%
 China. 46.9%
 Saudia Arabia. 61.8%
 U.S 22.1%
Prominent Features

 Secondary Sector of Economy

 Man-made Sector
 Converts raw material into Value Added Products
 Manufacturing is a Capital Intensive Sector.
History

1947-1958:
Establishment & Expansion of Large Scale Manufacturing Sector
 Export of Jute and Cotton Textile
 Export of Consumer Goods
 GDP 3.3% (1947-54)
 Large Scale Manufacturing Growth 23.6%
History

1958-1968: The Decade of Development:

 Foreign Aid

 Private Sector
 Further Increase in Cotton & Jute Export
 GDP contribution 5.2% (1958-64)
 Large Scale Manufacturing Growth 13.3%
History

1972-1977: The Bhutto Regime—Bad Management

 Imports from West
 Rise in Oil Prices
 Floods and Pest Attack

1977-1988: The Zia Era—High Growth Rates

 Growth of Large Scale Industry
 Private Industrial Investment
Contribution
GDP Contribution of Industrial Sector

 1) Manufacturing 1,085,440
Large Scale 704,936
Small Scale 380,504

 2) Mining & Quarrying 140,971

 3) Construction 146,169
 4) Electricity & Gas Distribution 126,780
Total 1,499,360
GDP & Growth Rate

Growth Rate % GDP Contribution %

 Manufacturing 1.71 1.28

(Large Scale)
 Mining & Quarrying 0.40 0.50
 Electricity & Gas 3.07 5.2
Who Finances the Industrial Sector

 1) Internal Sources

 Pakistan Industrial Financing Corporation (PIFC)

 Industrial Development Bank of Pakistan
 National Investment Trust
 Bankers Equity Limited
 Modarba And Leasing Company
Who Finances the Industrial Sector

 2) External Sources

 World Bank - International Bank for Reconstruction and

Development  (IBRD)
 International Monetary Fund (IMF)
 Pak Kuwait Investment Company (PKIC)
 Pak Libya Holding Company (PLHC)
 Saudi- Pak Industrial and Agricultural Corporation (SPIAC)
 South Asian Association for Regional Cooperation (SAARC)
Facts

 Pakistan ranks 55th in Factory Output

 Industrial merchandise comprises 60% of the total exports of
Pakistan
 Industry employs 40% of the total labor force
 GDP contribution by Industry: 24%
 Labor Force employed in Construction: 9%
 Thank You!

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