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ABSTRACT

Manufacturing in Pakistan in 2050 will look very


different from today, and will be virtually unrecognizable from that of today. Successful firms will
be capable of rapidly adapting their physical and
intellectual infrastructures to exploit changes in
technology as manufacturing becomes faster, more
responsive to changing global markets and closer to
customers.

SCOPE AND
IMPORTANCE OF
MANUFACTURING
IN PAKISTAN

Submitted By:

Muslim Al Mahmood
Reg # 1 3 0 3 0 1 0 0 7

SCOPE AND IMPORTANCE OF


MANUFACTURING IN PAKISTAN
Muslim Al-Mahmood (130301007), BS. Material Science & Engineering,
Institute of Space Technology, Islamabad.
Contact: muslimalmahmood@gmail.com
Without a robust restoration in the manufacturing sector, we can kiss
our rank as a future of growing economic power goodbye.
The impact of manufacturing goes a long ways past the immediate
commitment to national item and livelihood. Assembling is a
worldwide business supporting all financial movement. Spending on
products represents more than half of all customer consumption.

Manufacturing is one of the


bright spots of a generally
disappointing recovery, and
there are signs preliminary,
but hopeful, nonetheless that
a sustained comeback may be
under way

First coming to the point of importance of manufacturing itself


taking under consideration the economics facts of strong industrial
states such as US, Japan, China, Germany etc. fallowed by its
importance and growth feasibility specifically in Pakistan.

Paul Krugman.

MANUFACTURING THE PATH TO PROSPERITY:


It has been the vital accomplishment of rich countries in the course of the last a few hundred years to
make an amazing manufacturing division so as to create national riches and influence. From the ascent of
England in the nineteenth century, to the ascent of the US, Germany, Japan and the USSR in the twentieth,
to the recently industrializing nations like Korea, Taiwan, and now China, producing has been the way to
success. Pakistan as the one of the country having the necessary factors for becoming the future of
industrial center of the world

Value Chain
Labour Pool
Logistic pivot
Fresh/competitive Minds

With the utilization of right path and proper management Pakistan could be in the ranks of new
manufacturing centers of the world

MANUFACTURING THE FOUNDATION OF GLOBAL GREAT POWER:


The most operational countries on the planet the "Incomparable Powers" are those that control the
majority of the worldwide generation of manufacturing innovation. That is, it isn't sufficient basically to
have manufacturing plants and deliver more merchandise, we need to know how to make the apparatus
that makes the products. The way to power, then, is to make the "method for creation." This is the exact
path on which Pakistan has traveled to maintain the balance of power in Asia and all around the world
Pakistan being the Nuclear Power has strongly progressed in the field of nuclear science and strategic

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equipment development which has been providing the platform for researchers to perform in order to
strengthen their nation around the world. [1]
As the manufacturing industries go, so goes Great Power.

MANUFACTURING THE CAUSE OF ECONOMIC GROWTH:


The development of manufacturing apparatus yield, and mechanical upgrades in this setup, are the
principle drivers of financial development. No hardware commercial enterprises, no managed, long haul
monetary development. Simply consider the blast of the Internet, iPhones, and so forth all made
conceivable by a little subset of creation hardware called semiconductor-production gear (SME), which
itself is subject to different types of generation apparatus, for example, the machine instruments that
crush the lenses they utilize or the combinations of metal the metal-production commercial ventures
yield. These advances replicate themselves, as when a SME makes the semiconductors that then go to
make more SMEs, or when a machine apparatus makes the metal parts that not just go into different bits
of hardware, for example, autos, yet are utilized to deliver yet more machine instruments. The innovative
and profitable capability of machine instruments and SMEs influence one another also, prompting the
dangerous monetary development of the last two hundred years.

GLOBAL TRADE- BASED ON GOODS NOT SERVICES:


A nation can't exchange services for the majority of its merchandise. By WTO, 80% of world exchange
among districts is stock exchange that is, just 20% of world exchange is in administrations. This intently
coordinates the exchange rates that even the US, purportedly getting to be "post-mechanical,"
accomplishes. In the event that in the great case an economy was made just out of administrations, then
it would be extremely poor, since it couldn't exchange for merchandise; its coin would be worth practically
nothing. The dollar is likewise helpless in the long haul. A "post-modern" economy is truly a premechanical economy that is, poor. Pakistan is a 3rd largest state with English speaking people and can
provide services because of global communication skill this could move our nation toward the prosperity
on industrial side because Pakistan has to compete in the international market by producing quality goods,
services alone are not sufficient. [2]

SERVICES ARE DEPENDENT ON MANUFACTURED GOODS


Services are for the most part the demonstration of utilizing produced products. You can't send out the
experience of utilizing something. Retail and wholesale which make a big deal about the nations
economy, are the demonstration of purchasing and offering fabricated products. The same goes for land.
Indeed, even wellbeing i.e. wellbeing offices and hardware which makes up a significant part of the global
business sector, is the demonstration of utilizing medicinal gear and medications. [3]
Money includes the redirection of surplus assets that the nonfinancial part of the economy produces,
which implies that by implication, even back is subject to assembling. The cycle of rise and decay as a rule
runs like this: some shrewd society makes sense of how to exploit the present advancements of creation,
along these lines producing tremendous surpluses, which either the budgetary powers, the extremely well
off, or the military then proper for their own riches and influence; they murder the goose that is laying
the golden eggs. To total up: the soundness of the economy is basically reliant on the wellbeing of the
assembling area.

Institute Of Space Technology Islamabad

REMOTE INVESTMENT PROMOTION:


Governments ought to draw in remote venture by giving greatest offices to outside speculations. Along
these lines lack of speculation can be made up.

UTILIZATION OF RAW MATERIAL


Because of industrialization in Pakistan now cotton and sugarcane is utilized as a part of the household
commercial ventures. It has expanded the income of the general population and there is no compelling
reason to trade the crude material. In the same way other raw materials such as leather, silk, rubber etc.
should be utilized by making production industries in Pakistan so that the goods we need to import to
maintain our life style and necessities could be made in our own country removing the cost of import and
providing employment and finished product imports. [3]

CUTDOWN IMPORTS
Imports of nation can be diminished by building up commercial enterprises of those products that are
being transported in from different nations along these lines national outside trade administration can be
spared.

AGRICULTURAL DEVELOPMENT
Industrial Sector is additionally vital and accommodating in farming advancement. Since it gives composts
pesticides, seeds, apparatus and so forth, agrarian segment these things advances farming.
Industrialization gives hardware like tractors, thrashers, gatherers, bulldozers, airborne splash and so on
to be utilized as a part of the ranch area. The expanded utilization of modem inputs has expanded the
yield of harvests per hectare. The expansion in the pay of the agriculturists has offered support to
monetary advancement in the nation. [4]

MANUFACTURING-CREATES JOBS:
Most jobs, specifically or by implication, rely on upon manufacturing
and resuscitating the division could give countless new employments,
destroying the Recession. As the demand of the items increase it results
in the importance of manufacturing. This outcome in the improvement
of manufacturing commercial ventures. As manufacturing are set up
there is then need of work to work. Along these lines destitute
individuals get the method for money and commercial ventures get
labor.

Every manufacturing work


funds right around three
different employments in
the economy.
Economic Policy Institute

CURRENT STATISTICS OF PAKISTAN:


Manufacturing is the third biggest division of the economy, representing 18.5 percent of Gross Domestic
Product (GDP), and 13 percent of aggregate occupation. Vast Scale Manufacturing (LSM), at 12.2 percent
of GDP, overwhelms the general part, representing 66% of the sectorial offer, trailed by Small Scale
Manufacturing, which represents 4.9 percent of aggregate GDP. The third part of the segment is
butchering, which was independently included as a subcategory from 200304, and records for 1.4
percent of general GDP. [5]

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Manufacturing's offer of general GDP has expanded subsequent to 2000, its offer in the economy has
declined following 2005 as far as every one of the three pointers utilized: offer of GDP, job, and new
settled speculation. This stands out from the experience of most better performing nations in the locale,
for example, Bangladesh, Sri Lanka, Vietnam and Cambodia, where the assembling division has extended
decently quickly, in spite of the vicinity of other fastgrowing dynamic segments in the economy. [6]

These statistic clearly indicates large potential for foreign industrial investments in Pakistan.
At present fallowing industries are present in Pakistan and working at large

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The contribution of these industries in GDP is:

CONCLUSION:
What we lack is the technical product industries that is the requirement for the prosperity and
development of Pakistan such as:

Automobile
Electronics equipment
Aerospace industry
Research and development

We need to increase our Industrial figures by promoting the industrialization in the fields given above
which could make us compete in the international markets.
Pakistan has a wide scope and a very feasible environment for the industrialization and on the other hand
in the present time of 21st century Pakistan needs to be an industrial state to stand in the race on the
countries prospering in this field

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References

[1] E. Singh, "SCOPE OF PRODUCTION AND OPERATIONS MANAGEMENT," [Online]. Available:


http://ermanpreetsingh.blogspot.com/2012/03/scope-of-production-and-operations.html.
[Accessed 27 02 2016].
[2] [Online]. Available: http://www.yourarticlelibrary.com/production-management/productionmanagement-its-meaning-definition-function-and-scope/27925/.
[3] [Online]. Available: http://ermanpreetsingh.blogspot.com/2012/03/scope-of-production-andoperations.html.
[4] M. Presentation, "Process Design and Analysis," [Online]. Available:
http://www.managementstudyguide.com/production-and-operations-management.htm.
[Accessed 25 02 2016].
[5] U. Salim, "Scope and production," [Online]. Available:
http://ermanpreetsingh.blogspot.com/2012/03/scope-of-production-and-operations.html.
[Accessed 27 02 2016].
[6] Smriti, "Production and management," [Online]. Available:
http://www.yourarticlelibrary.com/production-management/production-management-itsmeaning-definition-function-and-scope/27925/. [Accessed 27 02 2016].
[7] "Defense Export Promotion Organisation," PakCyber, [Online]. Available:
http://www.depo.org.pk/. [Accessed 2016].
[8] "Process Design and Analysis," MSG Presentation, [Online]. Available:
http://www.managementstudyguide.com/effective-product-design.htm. [Accessed 28 02 2016].
[9] "The Benefits of Manufacturing Jobs," Economics and Statistics administration, [Online]. Available:
http://www.esa.doc.gov/reports/benefits-manufacturing-jobs. [Accessed 24 02 2016].
[10] "Defence Export Promotion Organisation," DEPO Pakistan, [Online]. Available:
http://www.depo.org.pk/. [Accessed 28 02 2016].

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