Economy of Sindh: Difference between revisions

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[[File: Karachi Skyline.jpg |thumb|A view of Karachi Skyline, the capital of Sindh province]]

[[File: Karachi Skyline.jpg |thumb|A view of Karachi Skyline, the capital of Sindh province]]

The ”’economy of Sindh”’ is the [[List of Pakistani provinces by gross domestic product|2nd largest]] of all the provinces in [[Pakistan]], second only to [[Punjab]]. Much of [[Sindh]]’s economy is influenced by the [[economy of Karachi]], the largest city and economic capital of the country. Historically, Sindh’s contribution to Pakistan’s GDP has been between 30% and 32.7%. Its share in the service sector has ranged from 21% to 27.8% and in the agriculture sector from 21.4% to 27.7%. Performance-wise, its best sector is the [[manufacturing sector]], where its share has ranged from 36.7% to 46.5%. Karachi is also home to an advanced [[finance]] industry with significant share in the services sector<ref>{{cite web|url= http://www.spdc.org.pk/pubs/nps/nps5.pdf|title= Provincial Accounts of Pakistan: Methodology and Estimates 1973-2000}}{{Dead link|date=August 2019 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> Since 1972, Sindh’s GDP has expanded by 3.6 times.<ref>http://siteresources.worldbank.org/PAKISTANEXTN/Resources/293051-1241610364594/6097548-1257441952102/balochistaneconomicreportvol2.pdf {{Bare URL PDF|date=March 2022}}</ref>

The ”’economy of Sindh”’ is the [[List of Pakistani provinces by gross domestic product|2nd largest]] of all the provinces in [[Pakistan]], second only to [[Punjab]]. Much of [[Sindh]]’s economy is influenced by the [[economy of Karachi]], the largest city and economic capital of the country. Historically, Sindh’s contribution to Pakistan’s GDP has been between 30% and 32.7%. Its share in the service sector has ranged from 21% to 27.8% and in the agriculture sector from 21.4% to 27.7%. Performance-wise, its best sector is the [[manufacturing sector]], where its share has ranged from 36.7% to 46.5%. Karachi is also home to an advanced [[finance]] industry with significant share in the services sector<ref>{{cite web|url= http://www.spdc.org.pk/pubs/nps/nps5.pdf|title= Provincial Accounts of Pakistan: Methodology and Estimates 1973-2000}}{{Dead link|date=August 2019 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> Since 1972, Sindh’s GDP has expanded by 3.6 times.<ref>http://siteresources.worldbank.org/PAKISTANEXTN/Resources/293051-1241610364594/6097548-1257441952102/balochistaneconomicreportvol2.pdf {{Bare URL PDF|date=March 2022}}</ref>

[[File:GDP_by_Province.jpg|left|thumb|300x300px|GDP by province]]

[[File:GDP_by_Province.jpg|left|thumb|300x300px|GDP by province]]

Endowed with coastal access, Sindh is a major centre of [[international trade]] and [[economic]] activity in Pakistan and has a highly diversified advanced economy ranging from [[advanced industry]] and [[finance]] centered in and around Karachi to a substantial agricultural base along the [[Indus River|Indus]]. [[Textiles]] [[cotton]] and [[ organic synthetic]], [[Cement]], [[Chemicals]][[Fertilizers, Petrochemicals]], [[Food Processing]] [[Rice, Sugar]], [[Steel]] [[Pakistan Steel Mills]], and, [[Advanced Materials]].

Endowed with coastal access, Sindh is a major centre of [[international trade]] and [[economic]] activity in Pakistan and has a highly diversified advanced economy ranging from [[advanced industry]] and [[finance]] centered in and around Karachi to a substantial agricultural base along the [[Indus River|Indus]]. [[Textiles]] [[cotton]] and [[ organic synthetic]], [[Cement]], [[Chemicals]][[Fertilizers, Petrochemicals]], [[Food Processing]] [[Rice, Sugar]], [[Steel]] [[Pakistan Steel Mills]], and, [[Advanced Materials]].

A view of Karachi Skyline, the capital of Sindh province

The economy of Sindh is the 2nd largest of all the provinces in Pakistan, second only to Punjab. Much of Sindh‘s economy is influenced by the economy of Karachi, the largest city and economic capital of the country. Historically, Sindh’s contribution to Pakistan’s GDP has been between 30% and 32.7%. Its share in the service sector has ranged from 21% to 27.8% and in the agriculture sector from 21.4% to 27.7%. Performance-wise, its best sector is the advanced manufacturing sector, where its share has ranged from 36.7% to 46.5%. Karachi is also home to an advanced finance industry with significant share in the services sector[1] Since 1972, Sindh’s GDP has expanded by 3.6 times.[2]

GDP by province

Endowed with coastal access, Sindh is a major centre of international trade and economic activity in Pakistan and has a highly diversified advanced economy ranging from advanced industry and finance centered in and around Karachi to a substantial agricultural base along the Indus. Textiles cotton and organic synthetic, Cement, ChemicalsFertilizers, Petrochemicals, Food Processing Rice, Sugar, Steel Pakistan Steel Mills, and, Advanced Materials.

Sindh is a large producer of manufactured goods and is also a momentously important international trade and supply chain and logistics hub due to the close proximity to Arabian Sea. Karachi one of the largest cities in Sindh is also considered a momentously important finance and trade hub for the country. Hyderabad is an important cultural and tourist hub of Sindh with many prominent cultural sites important to the legacy of the province and country. [3]
Agriculture plays an important role in Sindh with cotton, rice, wheat, sugar cane, bananas, and mangoes as the most important crops. The largest and finer quality of rice is produced in Larkano district.[4][5].

Sindh is a rich province in natural resources of gas, petrol, and coal. The Mari Gas field is the biggest producer of natural gas in the country, with companies like Mari Petroleum.[6] Thar coalfield also includes a large lignite deposit.[6]

The Oil & Gas Development Company Limited (OGDCL) has announced a new oil discovery at the Chakrun-1 exploratory well in the Chakar–One Oil Field, located in Tando Allah Yar, Sindh. According to an official statement, the discovery was made under the Tando Allah Yar Exploration License, where OGDCL holds a 95% operating interest and Government Holdings (Private) Limited (GHPL) holds a 5% carried interest. Drilling operations began on June 2, 2025, and reached a total depth of 1,926 meters into the Upper Shale of the Lower Goru Formation. Based on wireline log interpretation and Reservoir Evaluation Services (RES) data, a Drill Stem Test (DST) was performed in the B-Sand formation, followed by testing with an Electrical Submersible Pump (ESP). The well yielded a flow rate of 275 barrels of oil per day (BOPD) through a 32/64-inch choke at a wellhead flowing pressure of 400 psi. This marks OGDCL’s 13th oil discovery under the Tando Allah Yar license, reinforcing its role in strengthening Pakistan’s domestic energy supply.[7]

Tourism

See also

References

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