industrialization Archives

Pakistan’s industrial output grew 8.6% in February

The large-scale manufacturing (LSM) has risen 8.6 percent year-on-year in February, the Pakistan Bureau of Statistics (PBS) revealed the Pakistan’s industrial output...

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Large scale manufacturing grows 7.6% in seven months

The large-scale manufacturing (LSM) increased 8.2 percent year-on-year in January, the Pakistan Bureau of Statistics (PBS) stated. As per the data, during...

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Incentives package unveiled to attract investment in export industries

Prime Minister Imran Khan has stressed the significance of industrialization for the country after he announced an incentives package to attract investment...

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Large-scale manufacturing speeds up 16.7% in December

The large-scale manufacturing (LSM) of the country, for instance, the production of textiles, automobiles, and medicines have been increased by 16.7 percent...

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Pakistan now part of fifth industrial revolution thanks to e-commerce industry

Pakistan has entered the fifth industrial revolution which can be summarised as the combination of humans and machines in the workplace due to...

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Industrialization, exports key to economic growth: PM Imran

In order to make Pakistan economically strong and self-reliant, fast Industrialization and heavy exports were a must part, said PM Imran Khan....

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Large scale manufacturing grows by modest 3.56% in July-Oct FY22

Large-Scale Manufacturing (LSM) has contracted by 1.19 percent in October from the same month a year ago. After Covid-19, Pakistan witnessed a...

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Output of LSM industries grows by 2.25 percent in July

The fiscal year 2020-21 has been wonderful for the Large Scale Manufacturing- LSM Industries in Pakistan which showed a growth of 14.85...

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Privatization committee reviews transaction structure for revival of Pakistan Steel

The Cabinet Committee on Privatization (CCoP) approved the issuance of the Scheme of Arrangement (SOA) by the Privatization Commission (PC) for the revival of...

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Large-scale manufacturing expands by 68pc in April, 13pc in 10 months of FY 2021

Large-Scale Manufacturing (LSM) in Pakistan has seen a growth of 68.07 percent in April whereas, the sector’s output grew 12.84 percent in...

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Four SEZs to create 1.47 million jobs, boost industrial growth

The four Special Economic Zones (SEZs) are expected to create as many as 1.47 million jobs besides playing a vital role in boosting local industry. The...

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Industrial sector to cut 15-20 percent jobs after Eid

Industrialists are going to slash 15-20% jobs after Eidul Fitr in the wake of slowdown in industrial production amid difficult condition of...

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Chinese firm aims $150m industrial park in Lahore to enhance exports

The Chinese firm is all set to invest $150 million in an industrial park on the border of Lahore at Kasur. The...

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Large scale manufacturing grows 11.4 percent in December

Large-scale manufacturing (LSM) in the country grew by 11.4 percent in December 2020 as compared to December 2019. According to the data...

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KP govt to establish 10 economic zones and 19 industrial estates

Khyber Pakhtunkhwa (KP) government has decided to establish ten economic zones and 19 industrial estates across the province. As per the Industrial...

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Industrial units in Ravi Urban Project exempted from dislocation

On the direction of Prime Minister Imran Khan, all the existing industrial units have been exempted from the area notified for Ravi...

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Large-scale manufacturing expands 6.66 percent during October

The large-scale manufacturing (LSM) sector grew 6.6 percent year-on-year during October 2020 as the construction sector showed robust recovery. According to the...