Rawalpindi - Economy

Economy

According to the general survey of industry conducted by Directorate of Industries and Mineral Development Punjab, there are 939 industrial units operating in the district. This district is not famous for industrial goods like other districts. The progress has been mostly in the private sector. The existing industrial units provide employment to about 35,000 people, i.e., about 1.6% of district population is directly employed in large, medium and small industrial units. Apparently there is no shortage of skilled manpower. The Technical/Vocational Training Institute operating in the district turns out about 1,974 technicians/artisans annually. They are trained in engineering, air conditioning, drafting, metallurgy, welding, auto knitting and commerce, etc.

• Kohinoor Textile Mills is the largest unit in the district. It is located near Naseer Abad and is equipped with 50,000 spindles and 1,021 power looms.
• Wattan Woolen and Hosiery Mills is fitted 10,000 spindles.
• Rahat Woolen Mills, established in 1954, is one of the oldest and most prominent mills in Rawalpindi.

Jinnah Road, formally known as City Saddar Road, is one of the busiest business markets. It could be considered as business headquarters northern Pakistan including retailers, wholesalers, distributors, manufacturers having an approximately cash flow of more than 1 billion rupees per day. The importance of Jinnah Road can be seen by the presence of more than nine banks on the road with more opening soon.