Gujranwala
Economy

Gujranwala is the Pakistan's third largest centre of industrial production, after Karachi and Faisalabad. Gujranwala, along with the nearby industrial cities of Sialkot and Gujrat City, form what is sometimes referred to as the Golden Triangle in reference to their relative prosperity and export-oriented industrial base. The city's industries employ up to 500,000 people, while the city's GDP makes up 5% of Pakistan's overall economy.

An estimated 6,500 small and medium enterprises, 25,000 cottage units, and some large factories, are located in and around the city as of 2002 -and are engaged in the manufacture of a wide variety of goods. The city is the centre for manufacture and export of sanitary fittings and wares in Pakistan, with over 200 producers based in Gujranwala. More than 60 producers of auto parts are found in the city. The city is well known as a centre for manufacturing electric fans – with 150 small and medium enterprises in Gujranwala tied to the electric fan industry. The city is Pakistan's third largest centre for iron and steel manufacturing – reflecting Gujranwala's historic association with metalworking since the migration of the Lohar clan of blacksmiths to the city during the colonial era. The city has been a centre of hosiery-manfuacture since the migration of refugees primarily from Ludhiana in 1947.

Textiles, apparel, yarn, and other textile goods are also produced in Gujranwala. Other manufacturing based in the city include rice, plastic, cutlery, coolers and heaters, agricultural tools and equipment, carpets, glass goods, surgical equipment, leather products, and machinery for military uses, domestic appliances, motorcycles, and food products. The rural regions surrounding Gujranwala are heavily engaged in the production of wheat and are yield more wheat per acre than the national average. Gujranwala District is also the most productive region for rice-growing in Punjab.

In 2010, Gujranwala was rated number 6 out of Pakistan's top 13 cities in order of ease of doing business by the World Bank, and was ranked the second-best in Pakistan for construction permits. Pakistan's electric shortages of the 2010s severely stymied the city's growth. Industrial units in the city suffered an average of 2872 hours per year in Gujranwala in 2012. By the end of 2017, the supply of electricity had drastically improved with augmented electric generation as a result of new power-stations coming online. Improved supplies of electricity contributed to the country's double-digit rise in exports in the second half of 2017.
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