global crisis and recession, PSX-100 was leading the global markets in correction with a return at 38.5% making PSX the best performer in Asia and fourth-best performing stock market in the world. Industry There are many cottage industries in the city as well. Karachi is also known as software outsourcing hub of Pakistan. It has a rapidly flourishing 'Free Zone' with an annual growth rate of nearly 6.5 percent. An expo center has also been set up in Karachi, which hosts many regional and international exhibitions including the IDEAS Defence Exhibition. Dozens of new manufacturing units are also being built near the Pakistan Steel Mill. Farm businesses line the SuperHighway route. The Sindh Industrial Trading Estate (SITE) in Manghopir is the biggest industrial area of Pakistan. Other industrial zones are located in Landhi, Korangi, FB Area, North Karachi and Port Qasim. Karachi is also home of major automobile manufacturing companies. Toyota is in the process of increasing production capacity to over 120,000 units per annum. Suzuki Motor Company is also located in Karachi. The manufacturing plant located in Bin Qasim has a production capacity of 150,000 vehicles per year. Among others, Millat Tractors, Daihatsu, HinoPak Buses and Trucks manufacturing plants are also located in Karachi. The now-defunct Adam Motor Company was formerly located in the city. Work is being done to promote the development of higher value added textile products, most notably by Ayesha Tammy Haq, an attorney who also has a television talk show. She set up Pakistan Fashion Week, a showcase for Pakistan's emerging fashion industry. The industrial estates in Karachi. Banking sector Karachi is the hub for Pakistan's banking and financial services sector and is home to Pakistan's Central Bank, the State Bank of Pakistan. Nearly all banks that operate in Pakistan have their corporate headquarters in the city. These include: Arif Habib Limited Atlas Bank Bank AL Habib Bank Alfalah Barclays Pakistan Faysal Bank, Karachi Habib Bank Habib Metropolitan Bank HSBC Ltd, Karachi JS Bank KASB Bank MCB Bank Limited (formerly Muslim Commercial Bank) MyBank NIB Bank SAMBA Bank Limited Silkbank Limited Soneri Bank RBS Pakistan The Bank of Tokyo-Mitsubishi UFJ Limited United Bank Limited Trade Logistics Despite the growth and development of transport infrastructure elsewhere in the country, Karachi remains the country's transport hub. The city's two ports, Port of Karachi (Pakistan's largest) and Port Qasim, are central to nearly all shipping in Pakistan. The