Industry

Industry - Industry Pakistan ranks forty-first in the world...

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Industry Pakistan ranks forty-first in the world and fifty-fifth worldwide in factory output. 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. [18] Other major industries include cement, fertilizer, edible oil, sugar, steel, tobacco, chemicals, machinery, and food processing. 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. [ edit ] Mining and quarrying Important minerals found in Pakistan are gypsum , limestone , chromites , iron ore , rock salt, silver , gold , precious stones, gems , marble, copper , coal , graphite , sulphur , fire clay, silica . The salt range in Punjab Province has large deposits of pure salt. Balochistan province is a mineral rich area having substantial mineral, oil and gas reserves which have not been exploited to their full capacity. The province has significant quantities of copper, chromite and iron, and pockets of antimony and zinc in the south and gold in the far west. Natural gas was discovered near Sui in 1952, and the province has been gradually developing its oil and gas projects over the past fifty years. [30] Pakistan's 2 leading companies, as per Forbes Global 2000 ranking for 2005. Global ranking Company Name 1,284 1,316 PTCL Forbes Global 2000 [29]
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Major reserves of copper and gold in Balochistan's Rekodiq area have been discovered in early 2006. The Rekodiq mining area has proven estimated reserves of 2 billion tons of copper and 20 million ounces of gold. According to the current market price, the value of the deposits has been estimated at about $65 billion, which would generate thousands of jobs. The discovery has ranked Rekodiq among the world's top seven copper reserves. The
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Industry - Industry Pakistan ranks forty-first in the world...

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