![]() At the time of the partition of India in 1947, the city was the largest in Sindh with an estimated population of 400,000 people. British administrators embarked on substantial projects to transform the city into a major seaport, and connect it with the extensive railway network of the Indian subcontinent. ![]() The settlement greatly increased in importance on arrival of the East India Company in the mid-19th century. The region has been inhabited for millennia, but the city was formally founded as the fortified village of Kolachi as recently as 1729. Karachi is also a tourism hub due to its scenic beaches, historic buildings and shopping malls. Most of Pakistan's multinational companies and banks have their headquarters in Karachi. Karachi is also a media center, home to news channels, film and fashion industry of Pakistan. Karachi serves as a transport hub, and contains Pakistan's two largest seaports, the Port of Karachi and Port Qasim, as well as Pakistan's busiest airport, Jinnah International Airport. Karachi is Pakistan's most cosmopolitan city, linguistically, ethnically, and religiously diverse, as well as one of Pakistan's most socially liberal cities. Karachi paid $9 billion (25% of whole country) as tax during fiscal year July 2021 to May 2022 according to FBR report. Ranked as a beta-global city, it is Pakistan's premier industrial and financial centre, with an estimated GDP of over $200 billion ( PPP) as of 2021. It is the former capital of Pakistan and capital of the province of Sindh. It is situated at the southern tip of the country along the Arabian Sea coast. Karachi ( / k ə ˈ r ɑː tʃ i/ Urdu: کراچی Sindhi: ڪراچي IPA: ( listen)) is the most populous city in Pakistan and 12th most populous city in the world, with a population of over 20 million.
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