SOUTH ASIA South Asia also known as Indian subcontinent is a term used to represent the southern region of the Asian continent. The current territories are Afghanistan, Bangladesh, Bhutan, Maldives, Nepal, India, Pakistan, and Sri Lanka The population of South Asia is about 1.749 billion or about one fourth of the world's population. South Asia is the world’s second most populous region. 2
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INDUSTRY Industry is the production of goods or related services within an economy. Manufacturing industry became a key sector of production and labour . 4
MAJOR INDUSTRIES OF SOUTH ASIA INDIA: information technology, textiles, iron and steel, coal, chemicals, pharmaceuticals, leather, jewelery . PAKISTAN: textiles, cotton, food processing, cement, software development, construction materials BANGLADESH: textiles, food processing, shipbuilding, pharmaceuticals, jute, engineering goods 5
INDUSTRIES OF INDIA The Indian economy has survived the global downturn very well. The strongest growth was coming from the manufacturing and construction sector and the weakest section was agriculture. The primary sector largely extract raw material and they are mining and farming industries. In the secondary sector refining construction and manufacturing are included. The tertiary sector deals with services and distribution of manufactured goods . T he industrial and agricultural sector contribute 28% and 14.6% respectively. 52 % of direct and indirect employment. The labour force totals around half a billion workers. 9
1.ADVERTISING: Advertising is one of the key activities for potential business and is equally important as producing something using raw material, or as capital, manpower, planning, organizing etc. 2.AUTOMOBILE INDUSTRY: Indian automobile industry mainly focuses on servicing, dealership, financing and maintenance of vehicles. 10
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INDUSTRIES OF PAKISTAN Pakistan's industrial sector accounts for about 24% of GDP . Cotton textile production and apparel manufacturing are Pakistan's largest industries, accounting for about 66% almost 40% of the employed labour force . Other major industries include cement, fertiliser , edible oil, sugar, steel, tobacco, chemicals, machinery, and food processing. 12
1.AUTOMOTIVE INDUSTRY: There are 12 automobile companies listed on the Karachi Stock Exchange under the sector of Auto & Allied. The car industry in Pakistan primarily comprises of four players, all of which are Japanese. 2.MINING : Mining is an important industry in Pakistan. Pakistan has deposits of several minerals including coal, copper, gold, chromite, mineral salt, bauxite and several other minerals. Baluchistan province is the richest in mineral resources available in Pakistan. While recently Sindh discovered coal deposits in Thar . Khyber Pakhtoonkhwa is rich in gems. Khewara Salt Mines are the world’s 2nd largest salt mines. 13
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INDUSTRIES OF NEPAL The industrial sector is very undeveloped. By 1960 there were 63 registered industries.They are small by international standards. Most of these industries are located around urban centers such as the Kathmandu Valley and in the Tarai region. Nepal suffers from a lack of both internal and external investment. NEPAL Major Industries: tourism, food processing, carpets . 15
INDUSTRIES OF BHUTAN Craft manufacture is the predominant industrial occupation, and homespun textiles—woven and embroidered cottons, wools, and silks—are the most important products The country's first cement plant was completed in the border town of Penden in 1982 Bhutan Development Finance Corporation was established to promote small- and medium-scale businesses. 16
INDUSTRIES OF SIRI LANKA Tourism is one of the main industries in Sri Lanka. Major tourist attractions are focused around the islands famous beaches located in the southern and the eastern parts of the country. A ncient heritage sites located in the interior of the country and resorts located in the mountainous regions of the country. T ea industry : is one of the main industries in Sri Lanka. Tobacco Industry: Tobacco has become a highly profitable commercial crop in Sri Lanka . 17
Tea Plantation. Tobacco: 18
INDUSTRIES OFBANGLADESH Agriculture: Approximately 30% of Bangladesh’s GDP comes from agriculture, making it the largest producing economic sector. About 60% of the Bangladeshis work in this sector. Infrastructure: Bangladesh’s economy is characterized by poor infrastructure, weak energy and gas shortages. Due to these disruptions, the economy was unable to achieve its target of 6% growth in GDP in FY2009. 19
INDUSTRIES OF MALDIVES Important traditional industries in the Maldives include, boat building, fishing , handicrafts, tourism. Tourism has been developing since the first resort was built in 1977. As of November 2000, there were 84 resorts in operation, and in 2001, cruise tourism was introduced by the Ministry of Tourism. 20
Tourism. Fishing. 21
ECONOMY OF SOUTH ASIA The South Asian Association for Regional Cooperation (SAARC) is an economic cooperation organization in the region It was established in December 8,1985 BY India, Pakistan,Bangladesh , Sri Lanka,Nepal, Maldives, Bhutan.In April 2007, at the association 14 th summit, Afghanistan became its eight member. 22
CONT It is a land of fabulous wealth and of extreme poverty. The subcontinent has a small elite of very wealthy people and a large and growing middle class. Poverty is a problem in South Asia due to the population strain on limited land and other resources, and weak economic development . 23
CONT All of the countries of South Asia have rapidly growing populations, which have put tremendous strain on available land and other resources 24
POVERTY REDUCTION 25
INDIA In India more than 60% of the people are farmers. Over time the economy has become overregulated, increasingly inefficient India followed Nehru’s policies for almost forty years in spite of the slow rate of growth and the resulting economic problems. 26
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PAKISTAN From 1947 until the 1970s, Pakistan’s economy saw an average annual growth rate of about 4.5% a year, which is quite respectable. However, economic growth has slowed significantly since the late 1980s. Pakistan’s government attempted to control economic development through a series of five-year plans. However, the country frequently was unable to achieve its goals because of governmental instability, changing priorities, and high military spending. 28
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BANGLADESH BANGLADESH has attempted to reform its economic institutions and policies in the 1990s. The government has begun to encourage foreign trade and investment, and the economy has achieved annual growth rates of around 5% for the past decade 30
BANGLADESH 31
NEPAL Industrial activity, accounting for about 21 percent of GDP, employs only 3 percent of the population. 32
SECTORAL ENERGY CONSUMPTION IN NEPAL 2002 33
SIRILANKA AND MALDIVES The second-most highly developed economy in this region. Civil war has undercut economic progress. Small total economy. Sri Lanka has high levels of social welfare. Fertility rate reduced to near replacement levels. 34