Towel Industry in Pakistan was practically nonexistent prior to 1965. It started on a very small scale in 1965. After covering some stages, the Towel Manufacturing Group was formed locally in Karachi and got recognized by the Ministry of Commerce in May 1972.
After passing through some stages, the Towel Manufacturing Group was elevated to the status of an Association on All Pakistan basis and got affiliated with the Federation of Pakistan Chamber of Commerce & Industry.
You manage things you lead people.
Globalization and free trade do spur economic growth, and they lead to lower prices on many goods.