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DEVELOPMENT ECONOMICS PROJECT ON

FAN INDUSTRY OF PAKISTAN


Dedication

I am dedicating this research work to my honorable teacher Sir Gulzar khan and my
respectable parents who are the source of financial and moral support to me.
Acknowledgement

I am grateful to Almighty Allah, who granted success in my worn. Due to his blessings, i
have been able to do my work successfully. I express my deep gratitude to my supervisor
Sir Gulzar khan valuable suggestions, positive criticism and proper guidance. It would
have been almost impossible for me to accomplish this task successfully without his
help.I reserve my most cherished words of gratitude for my parents whose prayer gave
me passion and courage during my whole life
OUTLINE

• Introduction

• Historical Background

• Industry Profile

• Division of Units

• Major fan producing companies

• Percentage of Production

• Variety of Products

• Raw Material

• Exports

• Countries to export Pakistan's fan


• World’s Export of Industrial Fans:

• World Vs Pakistan Export of Fans:

• World Vs Pakistan Export of Fans:

• Projection

• Regression Equation

• Conclusion
INTRODUCTION

Fan is a daily use item. Its utility increases, especially in the summer season. The industry
is producing about 5 to 6 millions fans per annum and meeting successfully the local as
well as export demand. Out of the total production, approximately 30 percent fans consist
of pedestals, 7 percent consist of brackets and remaining 63 percent are ceiling fans. The
industry belongs to light engineering industry category, and is one of the industries that
existed at the time of independence. In the early 1950s it was declared as cottage industry
and its more than 50 percent units still fall in this category.
Fan industry is mainly confined to Gujranwala and Gujrat, cities of Punjab province of
Pakistan. The reason for its remaining a cottage industry is that majority of the units does
not have full facilities of production under one roof. They usually give offers to the units
having machines for different parts like fan guard, blade castings, core lamination etc.
These units have lathes, shapers, milling machines, and power pressers, die casting
machines and electroplating equipments. Therefore, most of the units are simply
assembling units. Thus, they do not give brand names to their products. Besides small
and medium units, a few units are quite large and have integrated system i.e. from motor
winding to high-pressure dies castings. These companies have reputed brands names and
the qualities of their products are of international level. The units are the main players in
export field.
The industry is producing a variety of products indifferent sizes and designs. The major
products are: Ceiling, Pedestals, Table, Table-Cum-Pedestal Fans, Circumatic Fans, Wall
Bracket, Exhaust Fans And Propellers. The industry supplies quality products to the local
markets, whether branded or unbranded, at competitive prices. About 400 units have a
production capacity of 5 to 6 million fans, on single shift basis. The production is equal to
demand, including a nominal quantity of exports. The actual production has remained
about 2.5 million fans per annum, showing a 50 percent idle capacity. The demand for
fan is continuously increasing due to increase in population and speedy migration
towards a big cities, and exports. The other factor is that during the last few years, local
demand for quality products is increasing fast as compared to low price goods. This
means people are becoming quality conscious.
Industry Profile 2005-2006

Total capital investment Rs. 5 Billion

Installed Capacity 7 million Fan / year

Current Capacity utilization 80%

Total Production 5.6 million Fan / year

Direct Employment 30,000 people

Indirect Employment 40,000 people

Annual Revenue Rs. 5.25 Billion

Exports ( 2005-06 ) US $16.66 Million

Imports (US $ Million ) 0.16


2005-06 2000-01

Total capital
Rs. 5 Billion Rs. 3-3.5 billion
investment
7 million Fan / 5-6 Million Fans /
Installed Capacity
year year
Current Capacity
80% 50%
utilization
5.6 million 2.5-3 Million
Total Production
Fan / year Fans/year
Direct Employment 30,000 people
25,000
Indirect Employment 40,000 people
Rs. 2.25-2.7
Annual Revenue Rs. 5.25 Billion
billion
US $16.66
Exports ( 2005-06 ) US $ 3.89 Million
Million
Imports (US $
0.16 -
Million )
GDP Contribution - Rs. 1.5 billion

DIVISION OF UNITS:
LARGE SCALE UNITS
UNITS 8

PROJECT COST Rs. 250-350 Million

EMPLOYMENT 200-300

PRODUCTION 60,000-250,000

REVENUE GENERATED Rs. 150-250 Million

MEDIUM SCALE UNITS


UNITS 50

PROJECT COST Rs. 10-20 Million

EMPLOYMENT 60-80

PRODUCTION 20,000-60,000

REVENUE GENERATED Rs. 150-250 Million

SMALL SCALE UNITS


UNITS 450

PROJECT COST Rs. 0.5-1.0 Million

EMPLOYMENT 20-25

PRODUCTION 2,000-10,000

REVENUE GENERATED Rs. 2.0-5.0 Million

VENDORS
UNITS 1000

PROJECT COST Rs. 0.45-1.0 Million

EMPLOYMENT 5-20
INTRODUCTION OF COMPANIES

WAHID INDUSTRIES (PAK FANS)

Mission
To enhance its reputation its reputation for quality in all its operation, providing a better
quality product to the customers and make their satisfaction through which to maximize
the business profit.
Company profile
Wahid Industry was setup in Gujrat as a modest manufacturing unit in 1936. It started its
operation with the manufacturing of light engineering and utility goods. In 1945, for the
first time in this region, the company embarked on the manufacturing of electric fans. It
is a pioneering achievement of Mr. Abdul Wahid, the founder and lifetime chairman of
the company. He simply took it as a challenge, undeterred by the attendant initial
difficulties. His determined efforts were finally crowned with success. The project not
only tool off under his dynamic policies but also register a phase of rapid growth and
expansion, capturing a major share in the country’s markets. Thanks to the founder
Presidents dictum, “no compromise on quality”, Pak fan today is not only synonymous
with top quality fans but also an identified symbol for Wahid industries. Towards making
Wahid industries limited, a self-reliant concern a modern automatic Japanese plant was
installed in 1981. At this plant, we manufactured international quality enameled copper
wire and marked under the brand name if Pak Super. This brand has taken a major share
in local market. So the company is adopting those methods of production and quality
control, which conform to meet international standards.

The company has now its own facilities for accurate testing on the most modern and
sensitive testing equipment. Every product is subjected to the most rigid test and eaves
the factory only when it is finally “passed” by the experts. True to the company’s
progressive business philosophy. Mian Ehsanullah, the director and son of founder
president Mr. Abdul Wahid, is always on the look out for the world’s latest technologies
to adopt and assimilate in the production of Pak fan. His father motto, “no compromise
no quality” is a creed for Mian Ehsanullah, which he adheres to most strictly. To live up
to its progressive image the company keeps itself a breast of the latest technological
developments around the world and this enables the company to continually introduce
ever-new concepts in electric fans. The remote controlled and louver fans are quite recent
examples. As a result of its innovative excellence and ever evolving technological
processes, Pak fan remain the number choice- both at home and abroad, including the
Middle East. In year 1999-2000 Pak fan achieved the highest international quality award
ISO 9002 certified company. Pak fan also won the FPCCI trophy 1999-2000 and now
Pak fan is the largest exporter and manufacturer and electric fans of Pakistan. Towards its
role as a deposable corporate citizen, Wahid industries keeps on and encouraging and
contributing to social uplift programs. The company runs a modern hospital named
“Wahid Trust Hospital” equipped with the latest facilities and leading medical
practitioners.

“Pak fan is the name of durability and reliability”

Future Planning
PAK FAN is very eager to improve its business activities, so far more improvement of
quality assurance. In near future organization is interested in increasing its business area
and wants to capture more market that it already has but not fully captured. This is why
the management is keen to introduce the new iron under the name of Pak Iron Industry.

GENERAL FAN COMPANY (G.F.C Fans)


Mission
The mission of G.F.C. FANS is to produce such quality products which provide entire
satisfaction to all our customers the world over.
Vision
The management and the workers of GFC FANS have a vision to supply in near future all
types of electric fans to all the countries of the world where fans are being used. We see
ourselves as one of the largest and most renowned fan manufacturing company in the
world providing all types of fans to all the countries according to their required
specifications and needs. Our vision is to enlarge our market from the present day Middle
East to whole of Africa, Europe, and America including South America, Central America
and Caribbean. We believe that we have a unique product, which has been developed by
GFC, and no other country manufactures a pedestal fan like ours. This product is most
useful in the hot tropical humid climates. We want to mark this product throughout the
world and we foresee this product to dominate the entire International market. We want
to set up an excellent after-sales-service and spare parts supply service to each and every
country. We also want to set up home service centers throughout the world. We believe
that within 10 years we can achieve an export target of US Dollars 40 Million.
About company
General Fan Company (Pvt.) Ltd. was formed in 1954 as a small manufacturing unit for
electric fans. The company grew rapidly from its modest start because of the quality of its
products. The company was one of the major exporters of fans in 1960's to Iraq.
However, the company was in trouble in late 1970's due to differences in its partners. The
present management took over the company in 1978 and Engineer Muhammad Ilyas took
over as Chief Executive of the company. Under his dynamic leadership the company rew
rapidly and G.F.C. became major recognized brand for fans in the Pakistani market. Mr.
Muhammad Ilyas, the Chief Executive who is a foreign trained Electrical Engineer,
brought in new technologies for fan manufacturing from developed countries and
improved G.F.C. products in a continuous process. Automatic Capstan Lathe Machines
and Die Casting Machines were introduced in 1982. Automatic Winding Machines were
brought from Taiwan in 1985. A Japanese made modern Enameled Wire Manufacturing
Plant was installed in 1987 for the manufacturing of quality enameled copper wire for
own consumption as well as for the sale in the local market. Plastic Injection Molding
Machines were installed in 1993 to manufacture own plastic parts for plastic fans like
Exhaust Fans, Bracket Fans, Circumatic Fans and Table Fans. A modern tool room was
set up for the manufacture of Dies, Molds and Models etc. The tool room consists of
Wire Cut Machines, EDM Machines, Surface Grinders, Cylindrical Grinder, Shaper
Machines, CNC Milling Machines and Copy Milling Machines. Automatic Rotor
Balancing Machines were introduced in 1995 to further improve the quality of fans.
Modern Continuous Stamping Presses were installed in 1997 for manufacture of motors
of all type of fans such as Ceiling, Pedestal, Bracket, Exhaust and Circumatic Fans etc.
Slitter Machine for slitting the electrical steel sheet coils was installed in 1999. The
company started manufacturing Washing Machines in 1996. Due to its quality and
excellent finish the product has become an instant success. Gas & Electric Geysers are
being manufactured since year 2000. The Chief Executive Mr. Muhammad Ilyas is a
pioneer in the export of electric fans from Pakistan. To initiate the export from Pakistan
he attended an International exhibition for electrical appliances in 1993 in Abu-Dhabi.
The company also participated In many trade delegations as well as exhibitions arranged
by Export Promotion Bureau and Federation of Chamber of Commerce & Industry In
Bangladesh, Yemen, Saudi Arabia, Dubai, Bahrain. Qatar, Sudan, Egypt, U.S.A. etc.
G.F.C. was the first Pakistani company to export fans to the Middle East. G.F.C. Fans
became an instant success due to their quality and durability in all the markets where
these were introduced. General Fan Company has also set up a unit to manufacture
capacitors used in electric fans, Washing machines and motors. Mr. Muhammad Ilyas
(Chief Executive) and Mr. Muhammad Ijaz (Finance Director) are always on the look out
for the latest technology for manufacturing of electric fans as well as for corporate
management of the company. Now G.F.C. has established a new Computer department
which keep its Executives update about any inquires. This shows the interest of
management not only in manufacturing technology, but they also know the importance of
information technology. G.F.C. has stepped in this Millennium fully equipped with
manufacturing and information technology for Corporate Management and Marketing.
G.F.C can rightly claim that they have all the best technologies in its workshops and in
office, which are available for Design. Production and Management. Our products are
now of International Standard, and we are truly an International Company. Our 600
Employees and Management are committed to Excellence in Quality.
Credentials
General Fan Company (Pvt) Ltd. is a pioneer in the export of electric fans from Pakistan.
To initiate the export from Pakistan we participated in International exhibition for
electrical appliances in 1993 in Abu-Dhabi. The company also participated in many trade
delegations as well as exhibitions arranged by Export Promotion Bureau and Federation
of Chamber of Commerce & Industry In Bangladesh, Yemen, Saudi Arabia, Dubai,
Bahrain. Qatar, Sudan, Egypt, U.S.A. etc. G.F.C. was the first Pakistani company to
export fans to the Middle East. G.F.C. Fans became an instant success due to their quality
and durability in all the markets where these were introduced.
By the grace of God,
• G.F.C. has been getting the Export Trophy from FPCCI for the export of electric
fans for many years. The growth rate of fan export from G.F.C. has been
continuously more than 100% per annum for the last 5 years.
• 1/3rd of the total fans exported from Pakistan are G.F.C. Fans. G.F.C. has large
International orders many times more than the previous years for the financial
year 2001-2002 and we are looking forward to export fans to all parts of the world
including United States and Europe.
• Water and Power development authority has issued the renewal of Registration in
1997. Registration Renewal is an honorable success that G.F.C. has achieved.
• ISO-9002 Certificate assures that Manufacturing Quality of Electric Fans are
according to International Standards.
• Engineer in Chief Branch has given the certificate of Enlistment/Registration
dated: 23-2-2000 on best technical performance.
• Contract agreement for supply of G.F.C. Fans for "Army Housing Directorate" at
30 April 2001 and is a big achievement for G.F.C. Fans.
• Pakistan Standard Institution has certified according to 1961 ordinance. The
institution hereby grants to G.F.C. Fans. (Hereinafter called "the License") this
License is used as standard mark.
MILLAT INDUSTRIES

Five decades now MILLAT has undoubtedly been a household name when it comes to
the premier quality fans, thus making it the technology of this century. The third
generation is now relishing the superb quality of its products after the two cherished it in
their lifetime. The company came into operation in 1947 and became the pioneer
company in manufacturing of fans. Initially the company started at a small manufacturing
facility in the heart of Karachi at Lawrence Road. Due to its commitment to superior
quality and innovative designs, Millat quickly became the market leader among the breed
of brands. With increase in customer demand the company moved from Lawrence Road
to its premises in site in 1960’s. From then on the company enjoyed a healthy market
share and remained on the path of success due to its through commitment in producing
quality products. With this addition of products, HM Esmail & Co now has a variety of
electrical products to offer. The management of HM Esmail & Co has added same new
designs in the areas of ceilings, bracket and ventilation fans along with the existing range
including the everlasting ceiling, table, pedestal, wall and bracket fans and a full range of
plastic models with innovative and elegant designs.

MILLAT FAN AS A BRAND


Millat Fans is engaged in the manufacture and export of all kinds of fans for consumer
and industrial as well as export applications.
Products
We started with a big capacity of fans per annum and during a span of a decade, the
company established itself among the top manufacturers in Pakistan. At present, Millat
has been using latest technology, production machines and testing facilities with the
installed capacity of fans per annum. The products are manufactured in line with Pakistan
as well as international standards.
The Certifications...we have
Our products are ISI marked and also approved by apex test houses. The company is
amongst the biggest suppliers to Undertakings and large industrial houses.
Quality Control
We follow strict quality control at each and every step right from procurement of raw
materials to in process goods. Each & every belt is checked and passed by our expert
team of QC department before being sent to the finished goods store.

SUPER ASIA ELECTRONICS INDUSTRIES


Super Asia is engaged in producing top order home appliances in South Asia.
Recognition of its achievements in quality products is manifested in the form of the ISO
9002 certification. The success tale spread well over 25 years when Super Asia produced
the first washing machine of Pakistan. Later on Super Asia started producing room air
coolers, gas and electric geysers. Keeping in view the requirements and purchasing power
of all the segments of the society Super Asia has introduced different washing machines
to meet their demands. Super Asia has the honor to produce complete plastic body
washing machine for the first time in Pakistan. Another hallmark in quality products is
introducing the double action washing technology through side and center Plaster. In
Pakistan Super Asia has not only introduced a large range of Room Air Coolers in plastic
body, but in different sizes and values as well. Super Asia in order to maintain its
superiority in producing public utility products has introduced hot and cold, and only
cold-water dispenser. It was an instant success' due to its design, effectiveness and
affordable price amongst the consumers. Similarly the complete range of super Asia fans
is of international standard. There are different sizes, colors in Ceiling, Pedestal, Bracket,
Circumatic and Exhaust Fans. Research based products of Super Asia enjoyed a sense of
superiority over similar products in the open market. The objective is, however, to offer
consumers products of international quality at affordable price and this can be judge by
the fact that they are being exported to Saudi Arabia, Dubai, Bangladesh, Sri Lanka and
Myanmar from the last so many years, and their demand is growing day by day.
The success story of Super Asia is due to its chairman Haji Mohammad Yousaf while
Managing Director Haji Muhammad Afzal looks after the production aspects of the
factory. He has a critical approach towards the products and their prices offered by their
competitors. Haji Muhammad Ashraf, Chief Executive of Super Asia has played a
leading role in the marketing aspects of the products. He is fully aware of modern trends
in the International Markets.It will not be out of place to mention the services of Mr.
Faisal Afzal, Mr. Abdul Razaq, Mr. Sohail Yousaf and Mr. Umer Ashraf, that is looking
after different departments of Super Asia. These four young fellows with their higher
education and thriving on the experience of their seniors have produced excellent results.
Apart from looking after the affairs of factory, chairman Haji Muhammad Yousaf is
equally paying his attention towards religious affairs and social work. He has constructed
a Mosque, Mian Muhammad Din Trust Hospital is another example, where free medical
treatment is being provided to factory workers, and the needy of nearby localities.

PAK UNION FAN INDUSTRIES


Company Profile
Established in1980, manufacturer of ELECTRIC fans in Pakistan in the brand name of
Super Sonic, in different designs and sizes. It includes special varieties of ceiling,
pedestal, exhaust, bracket fans, table and which display their professional expertise, skill
and are equally renowned locally and abroad. As a corporate policy we believe in
providing best of services to our clients with correct information. Our extra friendly
activities keep our members and dealers cheerful and always ready to provide a helping
hand.20 years in export now also available in Pakistan
.

Company Name: Pak Union Fan Industries.


Address: 83, G.T. road, Lahore, punjab, Pakistan
We are manufacturer of all kind of Fans like
Products/Services We Offer: Ceiling Fans, Pedestal Fans, Bracket Fans and
Exaust Fans
Business Type: Manufacturer
Geographic Markets: Worldwide
No. of Employees: 101 - 500 People
Annual Sales Range (USD): US$2.5 Million - US$5 Million
Year Established: 1980
SUPER INDUS ELECTRICAL INDUSTRIES
Super Indus electrical industries is a largest manufacturer of home appliances such as
fans of all types and sizes, washing machines, room coolers, gas appliances. Super Indus
electrical industry is working in Pakistan from last 35 years. We export our products to
Bangladesh and Middle East countries since 15 years. Our motto is to provide excellent
services to our customers.

Company Name: Super Indus Electrical Industries


58-A Small Industrial Estate No.1, Gujranwala,
Address:
Punjab, Pakistan
Ceiling Fans, Pedestal Fans, Stand Fans, Wall
Fans And Exhaust Fans, Washing Machine, Dryer
Products/Services We Offer: Machines, Room Air Coolers, Gas Stoves,
Cooking Ranges, Gas And Electric Water Heaters,
Room Heaters
Fan, Washing Machine , Gas Cooker, Range,
Business Type/ Industry Focus:
Stove , Water Heater / Manufacturer
Geographic Markets: Mid East
No. of Employees: 101 - 500 People
Annual Sales Range (USD): US$1 Million - US$2.5 Million
Certificates: our customers satisfaction is our certificate
Year Established: 1970
Legal Representative/CEO: CEO

OTHER FAN PRODUCING COMPANIES


Pakistan Fan Consortium Golden Star Fans
Pak Punjab Fans Global Technologies
Vision Enterprises Sevendays
Ace Electrical Appliances Amin Industrial Corporation
Pioneer Industries Falcon Enterprises
Raw material
Moat of the raw material used by the fan industry are directly ort indirectly imported
from different countries. Irregular and constrained supplies of some basic inputs are the
main bottlenecks. Some of the raw materials used in the manufacturing of a fan are:
electric steel sheets, aluminum, enameled copper wire, ball bearing, steel rod and PVC.
Major fan producing countries are Japan, Korea Taiwan Hong Kong India and China.
Japan is covering high quality market segment of fan market. Korea and Hong Kong are
in middle segment of market while Pakistan India Taiwan and China are supplying
comparatively low quality products at cheaper prices.

Exports
Although fans exports have great potential, their exports are negligible. In 1992-93, only
two hundred thousand fans were exported to only two countries, Iraq and Yemen. But
now the industry is exporting fans to more than countries. The figures given in table-I
indicate that although the exports of ceiling fan increased from RS 134 thousand to 209
million rupees, the trade is fluctuating a great deal. As against ceiling fans, the increase is
pedestal fan export is quite stable i.e., continuously rising.
Pakistan has also started exporting parts of fans. During the last four years, as shown in
table II, the amount earned from export rose from RS 4.2 million to RS 107 million in
1998-01, but decreased to about fifty percent the very next year, 2001-02. However, in
spite of big fluctuations, it is believed that if some bottlenecks are removed there is a big
scope for enhancing the exports of fans.
The situation is that from very the beginning, the government has not given any
incentives to encourage fan industries., whatever progress the industry made, it has made
on its own resources, and is due to its dedicated and hard working manufacturers and
laborers. In spite of lack of proper training the industry ha innovated and uplifted the
standard to the level where its products can compete in the world markets.

The main constraints hindering the growth of industry as well as export are:
Ball bearing is an important part that ensures smooth running and noiseless working of an
electric fan. Fan manufacturers are now importing this item because of smuggled ball
bearings local units are not producing quality products. Thus, anti-smuggling measures
should be taken to save the local industry, which in turn would ensure regular supply of
ball bearing to fan industry at reasonable prices. In the meantime, the import duty on ball
bearings should be rationalized.

Like ball bearings, Electric Steel Sheet (ESS) is also a major item in fan manufacturing.
It determines the quality, performance, durability and electric consumptions of a fan.
However, due to ESS shortage and high prices, fan manufacturers are using Mild Steel
Sheet (MSS). The motors manufactured from this material are not good quality and use
more electricity.
Prices of raw material are a major constraint in export. For instance, in some cases C & F
prices of raw material in Pakistan are greater than C & F price of fans from India.
Therefore, if the government really wants sot increases export of fan, custom duties on
raw material should lowered to a reasonable level. There is an urgent need to establish a
research department for innovation and to improve designs of fans according to the
requirements of international buyers. Pakistan Standard Institute’s (PSI) procedure should
be simplified and the latest technical laboratory should be set-up to test the fans. The PSI
should establish its testing laboratory in the area where industry exists and test fans on
two standards i.e., at local and international. The test reports should be given in a specific
period. Further, an institute of labor training should immediately be established with the
help of PEFM Association. The other measures to enhance the exports include organizing
seminars, doing surveys of the foreign markets that would give the idea of how to export,
where to export and what to export.

Export of fans
Years Ceiling Pedestal
(000 RS)
1998-99 1341289

1999-00 817621826

2000-2001 1863615137

2001-2002 255232432
2002-2003 1568966370

2003-2004 5925161554

2004-2005 208963183613

Parts Of Fans Exported


Years
Millions

2001-2002 4.2
2002-2003 16.6
2003-2004 109.7
2004-2005 67.9

Fans Exporters by Type:


(Millions RS)

Fans Type 2001-2002 2002-2003 2003-2004 2004-2005 2005-2006


Ceiling Fans 2.6 15.7 59.3 208.9 90.3
Pedestal Fans 32.4 66.4 161.6 183.6 150.8

Table Fans 1.1 -- -- 0.9 0.8


Exhaust Fans 0.1 0.1 0.1 -- --

Other Fans 2.9 6.9 5.1 27.2 --20.1


Fan Blowers 24.0 13.2 0.7 -- --
Other Fans N.S 3 9.7 5.3 2 --
Total 45 42 232.1 422.6 362

Source: Federal Bureau of Statistics.

Countries to Export of Pakistan’s Fan:

COUNTRY Other Fan Fan under 125


Watt
BANGLADESH 44% 48%

SAUDI ARAB 14% 19%

UAE 25% 17%

OTHERS 17% 16%


E xp o rts o f P a k is ta n 's F a n

60% 48%
50% 44%
40% O th e r F a n
25%
% age

30%
14% 19% 17% 16% F a n u n d e r 125 W a tt
20% 17%
10%
0%

UAE

OTHERS
SAUDI ARAB
BANGLADESH

COUNTRY- WISE EXPORT SHARES OF OTHER FAN (INDUSTRIAL FAN):

COUNTRY SHARES

PAKISTAN 0.02%

FRANCE 2%

NETHERLAND 3%

SWEEDEN 3%

KOREA 1%

CANADA 5%

UK 4%
ITALY 9%

USA 14%

JAPAN 19%

GERMANY 33%

TAIWAN 7%

COUNTRY- WISE EXPORT SHARES OF FAN UNDER 125 WATT


(DOMESTIC FAN):

FAN UNDER 125 WATT (Domestic Fan)

COUNTRY SHARES

PAKISTAN 0.1%

SINGAPORE 1%

UK 1%

TAIWAN 20%

CHINA 44%

THAILAND 6%

GERMANY 5%

USA 3%

ITALY 2%

SPAIN 2%

JAPAN 2%

OTHER 13%
World Vs Pakistan Export of Fans:

VALUE IN US $ OTHER FAN FAN UNDER 125


WATT

WORLD US $ 3.9 Billion 73% 27%

PAKISTAN US $ 30 34% 66%


Million

World Vs Pakistan Export of Fans:

Type 1998-99 1999-00 2000-01 2001-02


Ceiling Fans 2.6 15.7 59.3 208.9
Pedestal Fans 32.4 66.4 161.6 183.6
Table Fans 1.1 -- -- 0.9
Exhaust Fans 0.1 0.1 0.1 --
Other Fans 2.9 6.9 5.1 27.2
Fan Blowers 24.9 13.2 0.7 --
Other Fans 3.0 9.7 5.3 2.0
Total 45.0 42.0 232.1 422.6
AVERAGE UNIT PRICE COMPARAISON

COUNTRY Other Fan Fan under 125 Watt


(US $)
Unit Value (US $)

PAKISTAN 16 17

USA 64 46

MALAYSIA 48 30

INDIA 40 16

CHINA 38 5

Average Unit Price Comparasion

70
60 64
50 48 Other Fan
46
40 40
US $

38
30 16 30 Fan under 125 Watt
20 17 16 (US $)
10
5
0
USA

MALAYSIA

INDIA

CHINA
PAKISTAN

PROJECTION:
years Installed capacity (000) Steel consumption production (000)
(000)
1970 234 543.7 123
1971 233 566.2 233
1973 243 577.33 122
1974 245 599.2 147
1975 241 588 198
1976 153 689.23 189
1977 244 683.3 233
1978 265 776.3 267
1979 277 568.9 248
1980 388 889.23 289
1981 355 992.5 288
1982 399 776.6 277
1983 389 778 345
1984 387 669.23 498
1985 243 667.34 377
1986 265 889.56 398
1987 345 998.4 478
1988 365 998.56 498
1989 345 889.45 477
1990 345 1,073.90 566
1991 456 1,048.10 567
1992 489 1,098.20 667
1993 478 1,252.70 445
1994 477 1,044.70 445
1995 566 1,002.20 668
1996 546 1,068.60 776
1997 534 1,015.80 786
1998 576 989.3 546
1999 588 1,106.50 456
2000 678 1,071.20 345
2001 889 1,042.90 665
2002 8879 1,140.20 545
2003 88889 1,180.00 765
2004 99987 1,137.20 457
2006 70000 768 765
2007 78999 1,008.80 587
Dependent Variable: P
Method: Least Squares
Date: 05/18/10 Time: 20:34
Sample(adjusted): 1970 2005
Included observations: 36 after adjusting endpoints
Variable Coefficient Std. Error t-Statistic Prob.
C 115.80201730 106.165001703 - 0.28327298
1.09077394097 6687

A 0.0013889535 0.00091171794 1.52344659713 0.13717369


9327 0023 2359
B 0.6028783262 0.11810462404 5.10461238193 1.35519391
81 9 003

R-squared 0.5147522107 Mean dependent var 437.111111


62 111
Adjusted R-squared 0.4853432538 S.D. dependent var 195.775786
38 884
S.E. of regression 140.44872893 Akaike info criterion 12.8072172
1 968
Sum squared resid 650952.90012 Schwarz criterion 12.9391772
8 083

Log likelihood - F-statistic 17.5032461


227.52991134 063
2
Durbin-Watson stat 1.7314036921 Prob(F-statistic) 6.58262067
3 988e-06
REGRESSION EQUATION:
Y=115.8020+0.001388a+0.60287b

Y=production
A=installed capacity
B=consumption of iron

CONCLUSION:
According to my expectation both a and b are positive and significant.this shows that the
production depends upon the installed capacity and the availibity of steel and they greatly
effect the production.
REFRENCES

• www.royalfans.com

• www.gfcfans.com

• www.wahid-industries.com

• www.millatfans.com

• www.bizreport.com

• www.businesweek.com

• http://www.alibaba.com/trade/search?CatId=618&OfferType=SALE

%2CAGENT
%2CMISC&IndexArea=company_en&Country=PK&CompanyType=&Search

Text=Fan

• http://www.statpak.gov.pk/depts/fbs/statistics/manufacturing_industry/cmi
_2001.html
• www.alibaba.com/countrysearch/PK/fan.html
• www.goldenstarfans.com/
• www.gcu.edu.pk/Forms/.../Pak%20India%20Trade%20Summary.pdf
• www.digitalfans.biz/pages/brands_detail.php?pdid=8&pid...

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