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True! But again, you will be competing with the Chinese in that area.
outside of areas where Pak has an expertise, say textiles, cement and sports equipment, future focus has to be on regulated markets and areas where Chinese don't do well. ESP ones that have high level of IP protection. That's why I suggested Pharma. The US generic market is dominated by India purely because it is a "safer" bet than china in terms of quality and IP protection. China dominates the non regulated market nonetheless.
Also services. The advertising and creative talent in Pakistan is quite good, but underdeveloped. "Creative outsourcing" has become the norm, esp in advertising and online gaming. Those are definitely areas where Pakistan can have an edge, though india has been well established in the area for a while. But the creative industry is never ending and economy proof just like Pharma. Hence focus should be on such sectors.
Let's not forget that Pakistan unlike India has not fully utilized the English language advantage. There is a lot of room to grow and the ceilings are high.
Improved relations and trade with India are beneficial to both countries.
Forget about these things. even an Investment of 1 billion dollars in Halal food items can increase our exports to 700-800 million dollars Per year.
Only by exporting meat to Middle east, and China, we can easily make 400-500 million dollars as Middle east is a huge market for Halal meat. and don't forget America. which again is a huge market.
Very true! Didn't even think of that!
How easily we tend to forget that the Islamic market itself is a billion strong consumer market.
The only issue with consumables I see is very high standards and SOPs are required to ensure quality and dominate market share. But the opportunity def exists if approached methodically.
Thank God things are moving in a good direction. last month a slaughter and meat processing unit was inaugurated in Karachi with a total initial investment of 75 million dollars only. and they are very very confident about touching 160-200 million dollars export target next year.
https://tribune.com.pk/story/129672...ences-commercial-operation-meat-export-plant/
excellent news! Wish you all more successes in the future.
My only hope is that meat processors don't take the "Chinese" route and cut corners to improve margins.
Make this like the Shan Masalas of Pakistan..consistently good quality!
In a just world, such kind of posts would have been deleted or at least given negative ratings.Islam
All the best bahi. I need it badly. microwave omlete.I love the line:
On the other hand, healthy competition is always a good thing.
Recently I saw a news about a chambers of commerce meeting where they were lamenting that the Chinese imports will ruin the local industry.
I believe it is a genuine concern. On the other hand, a lot of our industries export good to other countries. Our leather products, surgical instruments, cutlery, sports goods, Chonsa mango, rice are doing great business despite competition from China & India in the world market.
If we overcome the energy shortage due to Chinese investment. Our industries will produce 4 times their current capacity. Cottage industries in cities like Gujranwala, Gujrat, Sialkot, Wazirabad will start booming again. People of these cities already know how to install plants at home and produce things. These plants were mostly shut down because of energy crisis.
In short, I suppose our industry won't go under. Instead, there's a strong probability it will start flourishing.
Dude... forget ready to eat biryani... our biscuits are awesome, and we export boatloads to the Middle East. BTW Biryani will be too complicated but I've been thinking about a ready to microwave omelette recipe lately. Maybe that too will do
We r not dismissing it without thinking about it. If it truly was a threat to Pak Vehicle manufacturing industry we would be concerned.It is just as hilarious seeing you dismiss it all without thinking about it properly
Do please tell me what is wrong with my suggestion? Are you against Islam being exported to the kuffar athiest Chinese? Tell me? Even if we managed convert half of them, that's another 700 million more Muslims. Does that not tickle your tastebuds?In a just world, such kind of posts would have been deleted or at least given negative ratings.
How wrong you are. My brother is a bit of 'shopper' and always looks out for good deals. Me, I just go and buy a known branded product and that's it. I don't experiment. He bought a Chinese phone and when he told me paid nearly £700 I nearly fell of the chair. That is Iphone territory not Chinese cheap copy territory. Huawei Mate 9 and when I saw it honestly it was fabulous piece of electronics and felt every bit as good if not better then my Iphone. Look at it this way - I am converted. My next phone is going to be Chinese or maybe Samsung.No offense, but you want to replace one shoddy workmanship with another?
Pakistani govt and industrialist running in opposite direction . People don t know lots of condition applied before CPEC sign. Local motor industry provide jobs to thousands of people, but these companies behavior is unacceptable. Pakistan need healthy competition, but keep Chinese motor industry away from local manufacturer. Let's wait and see how govt will protect the local industry and how Japanese behave from Chinese dumping.but instead of importing chinese should manufacture locally. that would be more beneficial to local economy. win-win for both.
@Shaji Pappan Good. Now what they need to do is import all, yes all heavy vehicles from China. Shut down all those money making franchises - sham rackets pretending to be industry. Shut them and be done with them.
What business? Does Pakistan even have 'heavy vehicle industry'?