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Pakistan’s fast food industry is undergoing an escalated boom and despite fierce competition, the industry has managed to generate profitability. Statistics show that fast food industry is the second largest in Pakistan, with approximately 180 million consumers. Not only that, but this sector also accounts for around 20 percent of the total employment in manufacturing sector. An industry with such dynamics has a great probability of exceptional growth in …
Read More »Lucrative year for airline industry; passenger demand to double over 20 years
The airline industry is expected to have its most lucrative year 2016 in history with global profits of almost $40 billion (£30 billion), driven by a combination of cheaper oil and fuller planes. The International Air Transport Association (IATA) the trade body for airlines said its forecast for a fifth consecutive year of improving profits meant it was now a “normal business”, providing decent returns to investors after years …
Read More »Auto industry moving ahead to form industrialization in Pakistan
Local tractor industry urges govt to clear sales tax refunds of Rs3 billion For industrialization of any country, automobile sector can play a critical role. Auto sector is a unique industry, which is capital intensive as well as labor intensive in nature and helps to develop technologies in other areas of manufacturing such as steel, plastics, rubber, textiles, electrical & electronics etc. Due to this reason, in the last …
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