Pakistan has a large industrial sector that accounts for about 24% of its GDP. The largest industries are cotton textiles and apparel manufacturing, which together account for about 66% of merchandise exports and 40% of employed labor. Other major industries include cement, fertilizer, sugar, chemicals, machinery, and food processing. The government is privatizing state-owned enterprises and the industrial sector is growing, with policies aimed at diversifying industries and bolstering exports.
1. Industry<br />Main article: Industry of Pakistan<br />Manufacturing by Province<br />Pakistan's two leading companies, as perForbes Global 2000 ranking for 2005.GlobalrankingCompany Name1,284Oil & Gas Development1,316PTCLForbes Global 2000[36]<br />Pakistan ranks forty-first in the world and fifty-fifth worldwide in factory output.<br />Pakistan's industrial sector accounts for about 24% of GDP. Cotton textile production and apparel manufacturing are Pakistan's largest industries, accounting for about 66% of the merchandise exports and almost 40% of the employed labour force. [37] Other major industries include cement, fertilizer, edible oil, sugar, steel, tobacco, chemicals, machinery, and food processing.<br />The government is privatizing large-scale parastatal units, and the public sector accounts for a shrinking proportion of industrial output, while growth in overall industrial output (including the private sector) has accelerated. Government policies aim to diversify the country's industrial base and bolster export industries.<br />Industries: textiles (8.5% of the GDP), fertilizer, cement, oil refineries, dairy products,food processing, beverages, construction materials, clothing, paper products, shrimp<br />Industrial production growth rate: 6% (2005)<br />Large-scale manufacturing growth rate: 19.9% (2005)<br />[edit]Automobile industry<br />Pakistan is an emerging market for automobiles and automotive parts offers immense business and investment opportunities. The total contribution of Auto industry to GDP in 2007 is 2.8% which is likely to increase up to 5.6% in the next 5 years. Auto sector presently, contributes 16% to the manufacturing sector which also is expected to increase 25% in the next 7 years. [26] Car ownership in Pakistan has risen by 40% per annum since 2001.[38][39]<br />[edit]CNG industry<br />As of 2009, Pakistan is one of the largest users of CNG (compressed natural gas) in the world. Presently, more than 2,900 CNG stations are operating in the country in 85 cities and towns, and 1000 more would be set up in the next three years. It has provided employment to over 50,000 people in Pakistan.[27]<br />[edit]Cement industry<br />In 1947, Pakistan had inherited four cement plants with a total capacity of 0.5 million tons. Some expansion took place in 1956–66 but could not keep pace with the economic development and the country had to resort to imports of cement in 1976-77 and continued to do so till 1994-95. The cement sector comprising of 27 plants is contributing above Rs 30 billion to the national exchequer in the form of taxes.[28]<br />[edit]IT industry<br />Pakistan’s IT industry has been rising steadily since the last three years. A marked increase in software export figures are an indication of this booming industry’s potential. The total number of IT companies increased to 1306 and the total estimated size of IT industry is $2.8 billion.[29] In 2007, Pakistan was for the first time featured in the Global Services Location Index by A.T. Kearney and was rated as the 30th best location for offshoring[40] By 2009, Pakistan had improved its rank by ten places to reach 20th.[30]<br />[edit]Textiles<br />The Textile Industry is dominated by Punjab. For example, only 1.5 million people from NWFP are employed in the Industry. 3% of United States imports regarding clothing and other form of textiles is covered by Pakistan.[41] Textile exports in 1999 were $5.2 billion and rose to become $10.5 billion by 2007. Textile exports managed to increase at a very decent growth of 16% in 2006. In the period July 2007 – June 2008, textile exports were US$10.62 billion. Textile exports share in total export of Pakistan has declined from 67% in 1997 to 55% in 2008, as exports of other non-textile sectors grew.[31]<br />