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May Pakistan monetize volleyball? – Revenue by Pakistan At the moment

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In August 2021, Pakistanis have been on the sting of their seats. 1000’s of miles away in Tokyo Japan, Arshad Nadeem from Mian Channu was going to throw an important javelin of his whole life. Two Pakistanis got here painfully near a spot on the winner’s podium on the 2021 Tokyo Olympics. Arshad Nadeem completed fifth within the javelin throw and Talha Talib from Gujranwala completed fifth within the weightlifting class. 

Pakistan as a rustic has one sports activities obsession – cricket. Followers of the sport are diehard, expertise is available in a steady stream, and the game has been efficiently monetised. The issue is that it’s simply cricket that has reached that standing. Previously fashionable sports activities like hockey, and globally fashionable sports activities like soccer have all languished in Pakistan with the nation not performing nicely and in flip gamers being repeatedly disheartened due to an absence of alternatives. 

What the 2021 Olympics proved, nonetheless, was that if the stakes are excessive sufficient there’s greater than likelihood of individuals all throughout Pakistan having their eyes glued to tv screens and filling stadiums to look at Pakistani athletes throw javelins or raise weights. 

With the curiosity undoubtedly there in different sports activities, is there a technique to get individuals invested in a sport aside from cricket, and generate income alongside the best way? Maybe the one sport that’s the high contender to go the route of cricket in Pakistan is volleyball. The six-a-team net-sport has a singular place in Pakistan’s sporting scene. For starters, our nationwide group is among the most unpredictable volleyball nations of Asia. The group’s development has by no means been constant, primarily because of monetary causes. The group largely performs inside Asia, and there’s little or no regulated competitors inside Pakistan and in contrast to in massive volleyball taking part in nations Pakistan doesn’t have its personal league. 

Nevertheless, a step may have been taken in direction of making this a actuality. The Pakistan Volleyball Federation has lately entered right into a partnership with Engro to launch the Engro Volleyball Improvement Program.          

Underneath this system, the imaginative and prescient is to finally get Pakistan to have broad illustration within the Olympics and different main occasions. With international locations like India and China taking part in in opposition to Pakistan, lots of curiosity might be developed within the recreation. Presently, volleyball is a sport that has a very fashionable native circuit with gamers in small cities being celebrities in a really related style to how tape ball cricket leagues and gamers additionally thrive in small cities with massive tournaments being organised. That is notably true within the KP area, the place volleyball tournaments are an enormous supply of leisure. 

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Primarily, the uncooked supplies for making volleyball a well-liked sport that additionally performs its gamers and patrons nicely are all there. What is required is concentrated effort in direction of growing expertise and selling the sport. Pakistan’s Iranian coach Rahman Mohammadirad identified in an interview that Pakistan wants a lot better services and gear for volleyball coaching functions. If the infrastructure is boosted it’ll additionally assist the nation to host worldwide volleyball occasions.

That’s the reason the PVF’s partnership with Engro may show fruitful. To mark the launch of this program, a signing ceremony and press convention have been held at an area lodge in Lahore. The event was attended by PVF Chairman Chaudhary Muhammad Yaqoob, and PVF President Ch Iftikhar Ahmed, Engro Company President & CEO Ghias Khan, Engro Fertilizers VP Manufacturing Syed Shahzad Nabi, and Engro Company Head of Advertising and marketing & Communications Umber Ansari, amongst different officers of Engro and the PVF.  

On the launch, the 2 sides introduced that as a part of the event program, Engro will help the PVF in establishing a Nationwide Coaching Camp, together with the appointment of certified overseas coaches. Regional coaching camps can even be established at completely different locations within the nation to facilitate the native expertise for its grooming. These coaching camps and competitions of the Pakistan nationwide group in opposition to sturdy overseas groups will allow PVF to develop a group of proficient athletes who might characterize Pakistan in worldwide competitions, such because the Olympics, World Championship, and World League.

“Our partnership with the Pakistan Volleyball Federation marks a brand new chapter within the growth and promotion of volleyball within the Nation. The Pakistan Volleyball Staff has proven its mettle repeatedly and overwhelmed high ranked groups similar to China, Korea, Thailand, India and even Japan,” stated Ghias Khan – President & CEO of Engro Company. 

This system may very well be a catalyst for the game if it manages to supply entry to the best-in-class coaches and coaching practices. That is additionally the goal of the PVF, whose Chairman, Chaudhary Muhammad Yaqoob, stated that the collaboration may very well be a gamechange.  

“Pakistan Volleyball Federation in collaboration and assist of Engro Company has deliberate to develop volleyball at grass-root stage to make it much more fashionable and unfold it in all nook and corners of the nation. Now we have a typical dream to take the Pakistan group to World Olympics 2028 in Los Angeles by shifting up steadily from Asia to international stage. On behalf of the Pakistan Volleyball Federation, I’m extraordinarily grateful to Engro and Mr. Ghias Khan for his beneficiant assist and assist to this recreation of the plenty.”



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The destiny of the Indus

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In Could 2022, experiences started to emerge that the cotton crop in Sindh was wilting. In Sanghar, one of many largest cotton producing districts in Sindh with cotton grown on 300,000 acres of agricultural land, lower than 200,000 acres had been getting used to domesticate cotton. And on the 200,000 acres that had been getting used to develop cotton, crop efficiency was abysmal. 

Over the previous 10 years, based on figures obtainable with the Pakistan Cotton and Ginners Affiliation, Pakistan’s cotton yields have fallen by 26% from 880 kg per hectare to 652 kg per hectare during the last decade. Whereas the cotton crop in Sanghar suffered, different agricultural areas depending on the down-river water from the Indus had been affected as properly. In Thatha, fishing villages had been left with none supply of livelihood because the practically three kilometre stretch of river that crossed the area dried up utterly and was changed by enormous deposits of sand. On the Kotri Barrage of the Indus in Sindh, water ranges had fallen from 15,000 cusecs of water to barely over 2000 cusecs. 

Figures from Could this yr confirmed {that a} main dip within the Indus of 10,000 cusecs (an outflow of 105,000 cusecs on Could 19 and 95,000 on Could 20) occurred at Tarbela dam, elevating fears that the dam might have hit useless ranges. Its inflows plunged to 77,900 cusecs on Friday from 98,000 cusecs on Could 14. These flows are for use Taunsa upstream in Punjab and in Sindh. The dam’s degree stood at 1,406 toes on Could 20 in opposition to 1,414 toes on Could 16.

All of those are indicators of the instances.

 

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The assault of the SUVs

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Usually derided because the sick man of Pakistan’s industrial base, the car sector appears to be experiencing a renaissance interval. That is attributable to the crossover SUV (CUV) bonanza that’s at the moment in full swing. The sector is so dynamic that inside three years of its inception it’s now the stage for the automotive trade’s grand chess recreation. On this recreation, you’ve got the progenitor nonetheless consolidating its positive factors, the Sino-Franco-Malay-Korean up begins, and a resurgent Large 3. 

The CUV phase is the poster baby for the success of the Automotive Growth Coverage (ADP) 2016-21. It was a market that didn’t exist previous to the KIA Sportage and has now grown from 5% to twenty% over the previous three years. It was really not a market that existed in any respect. It was carved out on the expense of the Large 3 of Toyota Indus Motor Firm (IMC), Honda Atlas Vehicles Pakistan and Pak-Suzuki Motor Firm (PSMC). 

Author’s word: SUV is used interchangeably with CUVs in Pakistan and in lots of different international locations the place CUVs are described as small to medium dimension SUVs. We’ll use a liberal interpretation of the time period for the sake of math, and membership all of them collectively. A minimum of, till we get completely-knocked-down (CKD) Prados for correct market differentiation. 

Not solely has the CUV/SUV phase achieved vital success, however it’s also poised for additional progress. Its market share is anticipated to extend from 20% to 37% by 2030 in accordance with Shabbir Uddin,  Director Gross sales and Advertising at Grasp Changan Motors. This can come on the expense of the sedan and hatchbacks segments. 

Disregarding the trade’s protectionism, capital allocation of this type would most likely make Adam Smith proud. 

All of this, at some stage if not all, is attributable to the KIA Sportage. Nevertheless, earlier than the Sportage might consolidate its positive factors, it had rivals, and it’s half-sibling (we’ll get to this) on the gates armed with its blueprints for CUV success. 

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The Sportage might have discovered itself to turn into the primary incumbent within the phase. Nevertheless, all of the entrants born from the ADP that sought to problem the Sportage have now turn into incumbents because the Large 3 at the moment are mounting their very own entry to the CUV market with their CKD lineups.  

To clarify how all the things bought so far. Let’s first start with the place it began and that’s the KIA Sportage.

 

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Pakistan’s gold goes nowhere for now

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There was, a couple of weeks in the past, a hearsay making the rounds that Pakistan had pledged its gold reserves. For people who have no idea what meaning, it’s when a authorities is in such a deep disaster that it guarantees its gold reserves as collateral in change for overseas foreign money when a rustic’s coffers are fully depleted.

 

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