The Pakistani business sector is growing rapidly. A study published by Harvard University indicates that Pakistan’s economic growth will outpace Chinese growth in the next twenty years, and the country’s current growth and development statistics, including China’s CPEC, attract more companies to invest in Pakistan. of all the world. France, the United Kingdom, Turkey and China have recently shown particular interest in starting bilateral trade with Pakistan, and private sector companies in these countries are moving very rapidly to make large investments in Pakistan.
However, there are many sectors in Pakistan lagging behind, but these five sectors are included; Consumer goods, chemicals and fertilizers, automobiles, textiles, energy / oil are the fastest growing and most profitable in Pakistan.
Data obtained from the KSE Karachi Stock Exchange from 2013 to 2017 indicate that the best performing companies are from the five previous sectors. Companies have experienced strong growth and profitability over the four years.
1 FMCG
FMCG is the most profitable and huge business sector in Pakistan, and companies that are constantly growing and becoming more profitable include; Colgate-Palmolive, Unilever, Nestle, Ingro Foods. The market is huge and still in its growth phase, while the industry has some multinational players that cover the entire market.
2 Chemicals and Fertilizers
“Chemicals and Fertilizers” is another large sector that caters to the larger market, companies like ICI Pakistan, Fauji Fertilizer, Engro Fertilizers and Chemicals, Abbot, Lucky Cement and others dominate the market with strong growth over time and profitability.
3 Cars
Pakistan’s auto industry is an oligopoly, and global players like Toyota, Honda and Suzuki dominate the market. However, Pakistan has allowed other automakers to establish auto assembly plants in Pakistan, and the increase in disposable income and transportation needs in the country make the market more attractive, potential and profitable.
4 Textiles
The Pakistani textile industry is popular worldwide. However, due to fewer facilities and government support, Pakistan cannot rationalize textile growth, but the textile industry accounts for 57% of the country’s total exports. There are several companies in this sector, including Premium Profitable Premium Textile and Din Textile.
5 Energy / oil
When there are people who need energy in all walks of life, whether they are in their home, travel, work or games, and have entertainment and energy products, Pakistan’s energy and oil needs are growing rapidly, and Pakistan is estimated to exceed 50,000 megawatt energy needs by 2025. Pakistan’s oil and energy business sector is expected to grow further and become more profitable in the future.
