Industrial growth has played a significant role in shaping the world as we see it today. Without it, the world might have been a very different place. Advancements in telecommunications, improved travel and connecting with people through personal computers and the internet have helped countries in commencing economic growth and increasing export-based revenue. It might be correct to say that industrial development has helped countries in moving their economies away from agriculture and more towards industrial growth and productivity. Now is the time for Pakistan, too, to diversify its economic portfolio by focusing equally on commencing sustainable industrial growth along with an increased agricultural productivity. By doing so, Pakistan can exponentially increase its exports and resulting revenue and might even be categorised among the top 15 largest economies in the world by 2050. We have what it takes to make this happen.

According to the United Nations (UN), the share of industry in China’s Gross Domestic Product (GDP) has significantly increased from 35% (in 1965) to 46% (in 2004). During this period, the ratio of export of goods and services to GDP has remarkably jumped from 3% (in 1970) to 34% (in 2004). It is........

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