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_: Karachi is the most populous city of Pakistan and holds its place as the second largest city in the world by population. The city is home to people from various ethnic backgrounds; Sindhi to Urdu speaking and from Punjabi to Pakhtoon or Balochi.
It is the financial capital and 4th largest metropolitan city of the world accounts for the lion's share of GDP and revenue. The city maintains itself as the premier centre of banking, industry, economic activity and trade. It is known to the world as the commercial and financial capital of Pakistan. It generates about 25 percent of the national GDP. It contributes 65 percent in generating the national revenue. Karachi was recognized as the most business-friendly city in Pakistan by World Bank.
It has the largest and powerful industrial complexes in the country such as Sindh Industrial & Trading Estate (SITE), Korangi Industrial & Trade Estate, FB Area, North Karachi Industrial & Trade Estate, Dhabeji and Port Qasim etc. SITE Manghopir is the largest industrial park of the country comprising about 4,000 factories.
It is an ideal location for the business. Here the industries produce a wide variety of goods, from textiles to chemicals, steel and machinery. The all-round industries of the city produces cement, corn mills, shipbuilding, refined oil, shoes and food.
Some major automobile manufacturing companies such as...