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The most important raw material is stainless steel which has to be imported. In this industry, also, medium scale factories contract work out to small-scale and cottage concerns. Also like the sports goods industry, most of the output is exported.
Imports include petroleum and petroleum products, chemicals, fertilizer, capital goods, industrial raw materials, and consumer products. [ 1 ] On 12 December 2013, the European Union granted GSP Plus status to Pakistan [ 2 ] until 2017, which enabled it to export 20% of its good with 0 tariff and 70 percent at preferential rates to the EU market.
[1] [2] [3] The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than ...
High availability (HA) is a characteristic of a system that aims to ensure an agreed level of operational performance, usually uptime, for a higher than normal period. [ 1 ] There is now more dependence on these systems as a result of modernization.
In reliability engineering, the term availability has the following meanings: . The degree to which a system, subsystem or equipment is in a specified operable and committable state at the start of a mission, when the mission is called for at an unknown, i.e. a random, time.
KTDMC train professionals in field of designing, engineering and manufacturing of tools, dies and moulds through computer aided design and manufacturing Computer-aided design(CAD), Computer-aided manufacturing (CAM) and computer aided engineering (CAE).This is particularly important for the small and medium businesses which cannot otherwise ...
Goods are capable of being physically delivered to a consumer. Goods that are economic intangibles can only be stored, delivered, and consumed by means of media. Goods, both tangibles and intangibles, may involve the transfer of product ownership to the consumer. Services do not normally involve transfer of ownership of the service itself, but ...
Agriculture is considered the backbone of Pakistan's economy, which relies heavily on its major crops. [1] Pakistan's principal natural resources are arable land and water. Agriculture accounts for about 18.9% [2] of Pakistan's GDP and employs about 42.3% of the labour force. The most agricultural province is Punjab where wheat & cotton are the ...