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Entrepreneurship in pakistan

Entrepreneurship in pakistan

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Entrepreneurship in pakistan

  1. 1. Entrepreneurship in Pakistan
  2. 2. ENTREPRENEURS IN PAKISTAN Salient Features of Entrepreneurs in Pakistan are: Age Pattern “The mean age of entrepreneur was found to be 42 years and of their enterprises 12 years. It is comparable to the Korean age pattern (46)”. Corporate status Sole owner: He works with his own hands combines the entrepreneur function of initiating the business making investments, taking decisions and performing managerial functions”. Heritage: “Caste played an important role in certain industries and on the other hand heritage is dominant. But overall it is much diversified.”
  3. 3. Educational Level “Differing from industry to industry 60% have school education and 30% have college or better education only 10% have professional or graduation level”. Skills Level Majority is skilled in family business Most of training is as a family member. Technically they are very skilled in heredity business. New generation has professional education Sizes and Investment “Majority started in a small way with less than 10 workers and 1/2 to 2/3 of the firms started with less than 50,000 investments”
  4. 4. Growth “The growth was fast in case of small firms than in large firms”. Profitability “Rate of profit is higher in case of small industries in comparison with the large industries.”
  5. 5. Potential of Pakistan in variety of fields 5/20/2015
  6. 6. Exports$30.9 billion (2011 est.) Main export partners US 15.8%, UAE 7.9%, China 7.3%, UK 4.3%, Germany 4.2% (2010) Export goods textiles (garments, bed linen, cotton cloth, yarn), rice, leather goods, sports goods, chemicals, manufactures, carpets and rugs. EXPORTS
  7. 7. Imports $39.9 billion (2011 est.) Main import partners China 17.9%, Saudi Arabia 10.7%, UAE 10.6%, Kuwait 5.5%, US 4.9%, Malaysia 4.8% (2010) Import goods petroleum and petroleum products, machinery, plastics, transportation equipment, edible oils, paper and paperboard, iron and steel, tea . IMPORTS
  8. 8. Labour force 55.77 million (2010 est.) Pakistan is one of few countries in the World to have 60 % or more Young labour force. Labour force by occupation agriculture: 43%, industry: 20.3%, services: 36.6% Unemployment 6.2% (2011 ) Main industries textiles and apparel, food processing, pharmaceuticals, construction materials, paper products, fertilizer, shrimp LABOUR FORCE OF PAKISTAN
  9. 9. SALT RICH PAKISTAN Second Largest Salt mine in the World Khewra with 3,00,000 ton annual production
  10. 10. CANAL IRRIGATION Pakistan has the World’s Largest canal Irrigation system in the World with 58,500 Km length
  11. 11. Silk Route & Karakoram Highway Silk Route was trade link between the East and the West around 100 BC and lasted until the 15th Century. Karakoram Highway Eighth Wonder of the World and Highest Paved Road in the world 1300 km long and height 15,750 feet
  12. 12. Tarbella is the Second largest dam in The World with 12,20,00,000 Cu.M. capacity. The dam is 485 feet (148 m) high. The dam forms the Tarbela Reservoir, with a surface area of approximately 250-sq.km. Construction cost $ 1,497 Mln. Length 2743 meters (9000 feet) Maximum capacity4200 MW TARBELLA DAM ONE OF THE LARGEST IN THE WORLD
  13. 13. GOLD MINES IN PAKISTAN 5th Largest Gold deposit in the World is in Rekodek, Pakistan with estimation of $ 260 Billion. But Dr. Samar Mubarak mand says deposits are worth $ 1.2 Trillion
  14. 14. COPPER DEPOSITS • 5th Largest Copper deposits which can produce 15,810 tons annually from Rekodek only. • 40,000 tons soon production by Australian company Tethyan Copper Company (TCC) Australian BHP Billiton with three times more production than Rekodek with $ 75 Million exports of copper .
  15. 15. REKODEK DEPOSITS SUMMARY • The first phase of the project is designed to produce 15,810 tonnes copper, 2.8 tonnes silver, 1.5 tonnes gold, and 30,000 tonnes iron annually. • Ore bodies of more than 350 million tonnes deposits. • Pakistan's first metallurgical copper-gold project went into commercial to save Rs 2.5 billion annually. • Under this agreement, MCC would generate for Pakistan 500,000 dollars per month for over 10 years plus 50 percent of the total revenue from mineral sale. • Similarly, Balochistan would receive 0.7 million dollars as annual royalty.
  16. 16. BLACK GOLD ABUNDANCE One of the largest Coal deposits in the World at Thar around 10,000 Km and 184,575 metric tons or 850 trillion Cubic feet.
  17. 17. RICE EXPORT PAKISTAN 5th largest Rice exporter in the World with 4.5 million tons of Finest Quality rice. The country’s domestic consumption of milled rice is about 2.3 million tonnes. Pakistan had a bumper crop of 6.7 million tonnes of milled rice in 2010/11and exported about 4.5 million tonnes.
  18. 18. TOP WHEAT PRODUCER 8th Largest Wheat producer in the World with 23.5 million metric tons of wheat production Annually. It contributes 14.4 percent to the value added in agriculture and 3.0 percent to GDP. Target 25 + million MT.
  19. 19. COTTON PRODUCTION 4th largest cotton producer with 16 million bales production per annum.
  20. 20. ATOMIC NUCLEAR POWER •CHASNUPP 1-325 MW 13 june 2000 •CHASNUPP 2-325 MW 14 March 2011 •CHASNUPP 3-330 MW 2016 •CHASNUPP 4-330 MW 2017 •KANNUP 1-137 MW •18 October 1971 •KANNUP 2 - 600 MW •Work stoped •KANNUP 3 - 400 MW •Construction awaited
  21. 21. GWADAR THE FUTURE OF PAKISTAN Gwadar is the Largest Deep sea port in the world with 47 Km wide channel for mother vessels. It’s a Free port city, located neaest to bay of Hurmaz and will be the most modern city in Pakistan with all latest facilities.
  22. 22. GRAND THAR DESERT • Thar is one of the Largest Deserts in the World with 2,00,000 sq. Km area and Worlds 9th largest desert.
  23. 23. ENGLISH SPEAKING NATION • Pakistan is the 9th largest English speaking nation in the World
  24. 24. LARGEST GHEE PRODUCER Pakistan is the Largest Producer of Ghee in the World. The edible oil industry is comprised of about 100 mills producing vegetable ghee / cooking oil. The installed capacity of these units is around 1.8 million metric tons. 24 units are in the public sector under the management and/or ownership of the. Ghee Corporation of Pakistan and approximately 76 companies are in the private sector. The GCP with approximately 37 % of the market is the dominating force in the industry.
  25. 25. CHICKPEAS Pakistan is the Second Largest Producer of the Chickpeas with 8,42,000 Tonnes And 10 % of the Worlds production in pakistan only.
  26. 26. MOTORWAY OF PAKISTAN Motorway Pakistan is the safest and Peaceful motorway in All Asia region. M1= Peshawar to Islamabad M2= Islamabad to Lahore M3= Pindi Bhattian to Faisalabad M8= Gwadar to Ratto dero The most interesting fact is that it can be used by Pakistan Air Force to land or take off many Fighter Jets.
  27. 27. COTTON (60 % of total Export by cotton-textile) • 4th largest producer of Cotton-Textile with Cotton Production target of 16 million bales for 2012. • Pakistan’s economy relies heavily on its cotton and textile sectors. Altogether, the cotton-textile sectors account for 11 percent of GDP and 60 percent of export receipts.
  28. 28. APRICOT, Pakistan is No. 3 in the World • Pakistan Prod. 325,779 Tons • Pakistan No.3 & india No. 38 • Grown from 5000 years in Subcontinent • Cane or Juice 22 % • Dry Apricot 60 % • Freeze 5% • Fresh 13% • Grown in 63 Countries & 1,00,000 acres • 100 types of apricot, 32 types in Pakistan • $ 700 Million can be earned extra if cold storage available in Pakistan for Apricot
  29. 29. SUGARCANE Sugarcane production of the World 1,743,068,525 tons Pakistan is World no. 5 with 50,045,400 tons after brazil, india, china and Thailand. With a world harvest of over 1 billion tonnes of sugar cane stock per year, the global potential is over 100,000 GWh for production of electricity.
  30. 30. PAKISTAN4th largest producer of onion in the World. PRODUCTION: 1- China-20,817,295 tons 2- India-8,178,300 tons 3- USA-3,349,170 tons 4-Pakistan-2,015,200 tons Domestic Consumption 1,500,000 (1.5 mln.tons) sindh: 30% Balochistan 38% Punjab 22 % KPK 10%
  31. 31. 2nd largest MILK PRODUCTION PAKISTAN •Pakistan is 2nd largest Buffalo milk producer in the World with 2,03,72,000 tones (23.53% of the World) comparing to china 29,00,000 tones at No 3. •World Production 8,65,74,539 tones
  32. 32. PAKISTAN- 4thlargest producer of Date palm in World 1- Egypt- 13,50,000 MT. 2- Iran – 10,80,000 MT 3- Saudia 10,52,000 MT 4- Pakistan 7,35,000 MT.
  33. 33. LARGEST MANGOES PRODUCER in the WORLD is PAKISTAN largest producer of Mangoes in the World 1- Pakistan 13.6 Million tons (39%) 2- China 4.2 Million tons 3- Thailand 2.5 Million tons 6- India 1.8 Million tons WORLD: 34.9 Million tons Pakistani Mango: Chaunsa, Dusehri, Langra, Desi, Anwar Ratoul, Sindhri, Fajri, Saroli, Bagan Pali, Alphonso, Muhammad Wole, Neelum
  34. 34. TANGERINE, ORANGE (Malta) MANDARIN ORANGE(Kinnow) 11th largest producer of tangerines and mandarin orange (kinnow) with 640,000 tones annually and Orange (Malta) 1.7 Million tons apart from Tangerine and Mandarin Orange.
  35. 35. RANKING COUNTRY POPULATION WORLD % 1 CHINA 1,339,724,852 19.16% 2 INDIA 1,210,193,422 17.31% 3 USA 312,962,000 4.48% 4 INDONESIA 237,641,326 3.4% 5 BRAZIL 192,376,496 2.75% 6 PAKISTAN 178,609,000 2.55% RANKING OF PAKISTAN IN THE WORLD BY POPULATION
  36. 36. GRAND COAST LINE 1046 Km The coastline of Pakistan extends 1,046 km, 250 km falling in Sind 800 km in Balochistan. Its Exclusive Economic Zone (EEZ) covers an area of 196,600 sq.km. The territorial waters cover an area of 24,000 km2. Well-known beaches in Pakistan include Somniani, Hingol River, Ormara, Pasni, and Gawadar in Balochistan, and Clifton and Hawks Bay in Sindh.
  37. 37. RANK FOR AGRICULTURE OUTPUT 1-China = $ 1,028.742 Bln 2-India = $ 751.173 Bln. 3-USA= $ 161.236 Bln 4-Indonesia= $ 157.572 Bln 5-Brazil = $ 147.700 Bln 6-Nigeria =$ 113.385 Bln 7-Pakistan = $ 101.348 Bln 8-Turkey = $ 92.209 Bln 9-Iran = $ 90.052 Bln 10-Russia = $ 88.918 Bln
  38. 38. SCIENTISTS & ENGINEERS of PAKISTAN (OUR PRIDE) • 7th largest pool of scientists and engineers in the World.
  39. 39. LARGEST BIRD SANCTUARY IN THE WORLD • One of the Largest Bird Sanctuary in the world Haleji Lake
  40. 40. EXPLOSIVES & SMALL ARMS AMMUNITION PROPELLANTS AND EXPLOSIVES • Artillery ammunition propellant • Mortar and rocket ammunition propellant • Small bust • ammunition propellant • Demolition explosives PYROTECHNICS AND DEMOLITION STORES • Flare (trip-wire) Mk 2/2 • Shooting (pencil type) • Demolition charge #16 IN.BeeHive MK • Demolition 1 OZ CE PRIMER Small arms ammunition • 7.62X51mm Ball (NATO) • 7.62x 51mm Tracer • 7.62x 51mm Link Belted • 7.62 x 51mm Blank (Star Crimped) • 7.62 x 39mm • 9 x19 mm Ball • 5.56 x 45mm M-855 • 5.56 x 45mm M-193 Smoke grenades
  41. 41. 9th largest COMMERCIAL VEHICLE MANUFACTURER in the World CAR MANUFACTURE2010-11 1300-1600 CC (2000 cc Diesel) Honda Civic- 6408 Honda City- 9294 Suzuki Liana- 614 Suzuki Swift- 4376 Toyota Corolla- 41,419 Suzuki Baleno- 0 Nissan Sunny- 0 Kia- 0 Total= 62,111
  42. 42. MOTOR CYCLE PRODUCTION PAKISTAN Honda= 5,70,777 Yamaha= 1,14,845 Suzuki= 20,259 Sohrab= 3607 Sohrab Triwheel= 1560 Qing Chi= 21,290 Hero= 41,972 Ravi= 8,38,26,882 Sazgar= 15,699 Habib= 21,659 Total= 8,38,550
  43. 43. INCOME FROM I.T. • Pakistani reserves from IT industry will reach $ 5 Billion in 2012 • Many American and European companies are planning to start their development centers in Pakistan as IT skilled persons are in abundance in Pakistan
  44. 44. GEM AND JEWELLERY Pakistan is one of the Largest Gem and Jewellery exporter with exports of $ 0.75 Billion in 2004 and will be $ 1.7 Billion by 2015.
  45. 45. MOBILE PHONES users in Pakistan 111,126,434 in October 2011, reaching a tele- density of 65.2 percent, Pakistani mobile phone users exchanged 175.4 billion text messages in 2010, up from 151 billion text messages in 2009 Mobile phones are growing by about 1.0 million a month, long distance rates are down by two third in five years and 80 % down for data transmission
  46. 46. 2 crore net users in Pakistan Pakistani internet users have been on the rise with accelerated pace, crossing 20 million benchmark with a greater percentage accessing the internet via mobile phones, said Freedom on the Net in it’s 2011 annual report.
  47. 47. FOREIGN EXCHANGE RESERVES Foreign exchange reserves of Pakistan are 17,790 million US $ on September 2011 at 59th position in the world
  48. 48. PAKISTANI SATELLITE • Pakistan among 7 top countries in the World to launch their Satellites • Pakistan’s PAK SAT is one of the largest Domestic satellite systems.
  49. 49. PAKISTAN SPACE PROGRAM • Pakistan is one of rare countries to have a space program, and all the satellites are build inside Pakistan by Space and Upper Atmosphere Research Commission, best known as SUPARCO is an executive agency of the Govt. of Pakistan, responsible for nation's public and civil space programme and aeronautics and ae rospace research. • Pakistan Remote Sensing Satellite (PRSS), commercially known (RSSS) is an dual purpose Earth Observational and optical satellite which is schedule to launch by the end year of 2012 for the replacement of Badar 2 satellite.
  50. 50. PHARMACEUTICAL • Very strange facts to be disclosed • Medicines registered in USA 5000 • Medicines registered in India 5000 • Medicines registered in Pakistan 55,000 • Medicines registered in Pakistan from 2008-2012 are 27,000 in just 4 years • There is no drug control authority in Pakistan • Pakistan only issues drug licence but donot have any renewal authority • WORLD RECORD BY PAKISTAN…….4000 medicines registered in just one day…………….wow
  51. 51. EDUCATION PRIMARY SCHOOLS 1,56,592 MIDDLE SCHOOLS 3,20,611 HIGH SCHOOLS 23,964 DEGREE COLLEGES 1202 TTC’s & VTC’s 3125 UNIVERSATIES 132 ARTS & SCIENCE COLLEGES 3213 Population 10 Yrs/above 60 % Male Literacy = 69 % Female = 45 %
  52. 52. POPULATION OF PAKISTAN 18,73,43,000 Growth rate: 1.6% Birth rate 31/1000 Death rate 8/1000 Life: 63.39 Yrs. Male: 62.40 Yrs. Female: 64.44 Yrs. Fertility: 3.58 Children/woman Age Structure: 0-14 Yrs: 36.7 % Male = 3,30,37,943 Female = 3,10,92,572 15-64 Yrs. 59.1 % Male =5,36,58,173 Female = 4,95,00,786 65 Yrs. & above 4.2 % Male =34,95,350 Female = 37,93,734
  53. 53. RICHEST PAKISTANI’s 1-Mian Mansha $ 5 Bln. (MCB) 2- Asif Zardari $ 1.8 bln. (Politics) 3- Anwar Pervez $ 1.5 bln. (Cash & Carry) 4- Nawaz sharif $ 1.4 bln. (Ittefaq Foundry) 5- S. Hashwani $ 1.1bln. (PC & marriott) 6- Nasir Schon $ 1.0 bln (Schon Group) 7- A.R.Yaqoob $ 1.0 Billion (ARY) 8- Rafiq Habib $ 900 Mln (HBL) 9- Tariq Saigol $ 850 mln (sehgal Group) 10- Dewan Mushtaq $ 800 Mln (Dewan Group) 11- Sultan Lakhani $ 800 Mln (Lakson Group) 12- Malik Riaz $ 800 Mln (Bahria Town) 13- Seth Abid $ 780 Mln (Greenfort) 14- Mian Latif $ 700 Mln (Chen one) 15- Abdul Ghafoor $ 660 Mln. (Sitara group)
  54. 54. AN INTEGRATED DEFINITION  Entrepreneurship is a dynamic process of vision, change, and creation. It requires an application of energy and passion towards the creation and implementation of new ideas and creative solutions.
  55. 55. All definitions of entrepreneurship includes • Newness, organizing, creating, wealth and risk taking • Entrepreneurs are found in all professions
  56. 56. • Individuals have difficulty bringing their ideas to the market & creating a new venture • Yet entrepreneurial decisions have resulted in several new businesses through out the world • Despite recession- inflation- high interests rate, lack of infrastructure-economic uncertainty & high probability of failure
  57. 57. Deciding to become an entrepreneur by leaving present activity Changing from present life style  Work Environment  Disruption
  58. 58. Types of Start-Ups • Lifestyle firm-a small venture that supports the owners and usually does not grow • Foundation Company-is created from research and development that usually does not go public. • High-potential venture-has high growth potential and receives the greatest investment interest and publicity. • Gazelles-very high growth ventures.
  59. 59. ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT • More than per capita and income, it involves change in business and society. This change is accompanied by growth and increased output, which allows more wealth to be divided among the various participants • What facilitates needed change and development?
  60. 60. • One theory of economic growth depicts innovation as the key not only in developing new products but also stimulating investment interest in the new ventures being created. The new capital created expands the capacity for growth • It is the process through which innovation develops and commercializes through entrepreneurial activity which in turn stimulates economic growth
  61. 61. Economic Impact of Entrepreneurial Firms • Innovation – Is the process of creating something new, which is central to the entrepreneurial process. – Small firms are twice as innovative per employee as large firms. • Job Creation – In the past two decades, economic activity has moved in the direction of smaller entrepreneurial firms, which may be due to their unique ability to innovate and focus on specialized tasks. 1-61
  62. 62. Entrepreneurial Firms’ Impact on Society and Larger Firms • Impact on Society – The innovations of entrepreneurial firms have a dramatic impact on society. – Think of all the new products and services that make our lives easier, enhance our productivity at work, improve our health, and entertain us in new ways. • Impact on Larger Firms – Many entrepreneurial firms have built their entire business models around producing products and services that help larger firms become more efficient and effective. 1-62
  63. 63. Role of Entrepreneurship in Economic Development • Product evolution process-process for developing and commercializing an innovation • Iterative Synthesis-the intersection of knowledge and social need that starts the product development process
  64. 64. • Ordinary innovations-new products with little technological change • Technological innovations- new products with significant technological innovation • Breakthrough innovation- extremely unique innovations that sets the basis for further innovation.
  65. 65. The future of Entrepreneurship • In spite of the difference conceptual perspectives, there are common aspects: risk taking, creativity, independence & rewards • The future– we are living in the age of entrepreneurship!

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