The best-seller “Jack Welch and the GE Way” is the story of the innovative leadership of Jack Welsh, Chairman and Chief Executive of General Electric USA, one of the largest global corporations having diversified products, from 1981 to 2001,.
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Textile is the country’s single largest industry. Yet it is almost totally dependent on imported machinery, equipment, accessories and spares. The local facilities for manufacturing textile machinery items practically do not exist though.
After the U.S. raid on Osama bin Laden’s compound in Pakistan in May 2011, Pakistani political leaders played up their country’s relations with China, touting Beijing as an alternative partner to Washington. But China’s concerns over Pakistan’s future stability will likely limit the extent to which it will help Pakistan out of its economic difficulties.