The Struggling Steel Sector: A Roadblock to Pakistan's Construction Industry and Economic Growth

The adverse impact of this decline in steel imports goes beyond the construction sector. Iron and steel are considered crucial materials for the overall growth and development of an economy. Consequently, Pakistan's economic growth for the current fiscal year has already been severely affected, and it is projected to achieve a growth rate of merely 0.5%. This slowdown is further evidenced by an 11.59% year-on-year decline in the Large-Scale Manufacturing sector in February, reflecting a sharp reduction in steel consumption.

By Tehreem Tufail

6/14/2023 3:15:38 PM

Exploring the Surge in Textile and Apparel Exports to China

China has become an important trading partner for Pakistan, with Chinese companies increasingly sourcing garments from Pakistan due to their competitive prices. Under the CPFTA-II, many Pakistani textile products will enjoy duty-free access to China, which has extended similar tariff reductions to other trading partners.

By Tehreem Tufail

6/5/2023 6:09:36 PM

Transformative Impact of Plastic in Pakistan’s Healthcare Industry

Plastic is one of the most widely used materials in healthcare globally, and its impact has been felt across Pakistan's healthcare sector as well.

By Tehreem Tufail

3/1/2023 3:16:23 PM

Opportunities for Growth and Investment in the Pakistani Polymer Industry

The polymer industry in Pakistan is a vital part of the country's economy, with a wide range of applications in various sectors such as packaging, agriculture, construction, and automotive.

By Tehreem Tufail

2/22/2023 3:52:56 PM

The Growing Importance of BI and ERP for Manufacturers

By Tehreem Tufail

2/15/2023 2:07:48 PM

Maximizing B2B Marketing Strategies for Increased ROI

By Aly Khan

2/8/2023 1:17:58 PM

The increasing Importance of HR in Startups

By Zara Eruch Malbari

2/7/2023 11:55:51 AM

Pakistan Textile Industry’s Comeback at Heimtextil 2023

By Tehreem Tufail

2/1/2023 3:16:27 PM

Plastics - A Growing Industry in Pakistan

By Tehreem Tufail

1/26/2023 2:35:09 PM

Pakistan’s Textile Industry: Challenges & Opportunities

One of the main challenges facing the finished apparel goods industry in Pakistan is competition from other countries, particularly China and Bangladesh. These countries have lower labor costs and more advanced manufacturing infrastructure, making it difficult for Pakistani manufacturers to compete. Another challenge is the lack of a strong domestic market due in part to a lack of purchasing power among consumers.

By Tehreem Tufail

1/18/2023 11:37:55 AM