Lahore, Nov. 9 -- Pakistan's manufacturing sector, once hailed as the driving force behind economic growth and job creation, is now enduring one of its gravest crises in recent years. The sector has suffered a staggering 46 per cent decline in private investment over the last six years, sparking serious concern among economists and industrial experts who warn of long-term economic stagnation, as reported by The Express Tribune.

According to The Express Tribune, private investment in manufacturing plunged from PKR 706 billion in fiscal year 2018-19 to just PKR 377 billion in 2024-25, the weakest level of industrial expansion in over a decade. Ali Imran Asif, Senior Executive Committee Member of the Lahore Chamber of Commerce and Industry ...