[dropcap]A[/dropcap]lthough agriculture sector is dominating sector in Pakistan and is source of employment of majority of its people but industrial sector plays prominent role in macroeconomic adjustments between investment and savings. So what’s come first, it’s saving which is generating investment or investment which is generating savings? We will find out about this phenomenon later. For manufacturing sector there are two types of costs, labour cost and imported intermediate cost. In Pakistan imported component of exports increased more than 60 percent as dependency on imported intermediate goods increased. While labour cot can be reduced through efficient labour which needs investment…
