General business scenario in Pakistan
Pakistan's economy is complex. There are some thriving industries and others that are struggling due to government corruption. However, there are still many new business ideas for the people of Pakistan as there are many talented and skilled workers. From the shoe industry to providing meals for the poor and making parts for cars, there's a business idea for you.
The best business ideas for Pakistan
1. Meal Sharing Company
If you want to help people by providing them with the most basic things like groceries, consider this business idea. The Meal Sharing Company works with existing restaurants to provide meals for the poor. The existing restaurant typically selects a meal that it sells at a high margin and then shares a portion of that margin with the Meal Sharing Company to provide another meal for the poor. This is a great way for other restaurants to differentiate their offerings, and it can also be a great way to help your community.
2. Company specializing in import and export
Pakistan has a large import-export economy with neighboring states as well as many international countries. This business idea would involve helping local businesses with their import and export paperwork, tracking and other tasks so the client can focus on their work. It can also be a way to help international customers who want to expand their manufacturing facilities to Pakistan because of the lower cost and high quality of work done. To make money, you can charge an hourly fee or a per-project import/export fee.
3. Solar power generation companies
As the research shows, the solar industry in Pakistan is on the verge of booming. In the beginning, you can start developing solar power for your community or local area by putting up some panels. To keep costs low, only invest in a few panels and buy them from China, as they can be cheaper there. Once you manage to sell enough of the energy produced, you can invest in more land and panels to expand the production business. Energy can be sold to private homes by the kilowatt. Also, one thing to consider will be how to maintain and clean your solar panels to maximize your investment.
4. Exclusive custom shoe development business
Shoes in Pakistan are going to take off. While India and China are major competitors in this area, Pakistan offers opportunities due to the low cost and high quality materials that can be produced in this area.
To help local manufacturers and other businesses in Pakistan capitalize on the growing shoe industry, you can help them find customers from all over the world who want to have their shoes manufactured in Pakistan. You can then take a percentage of the revenue the factory would receive for the business, or it could be a simple fee. It's a cost-effective approach to capitalizing on that growth to build a business. An expensive approach would be to build the production facilities yourself.
5. Manufacture of textiles and special plastics
As online businesses become more specific about who they serve and what types of products they offer, more and more online stores will need custom apparel products to offer their customers to differentiate their business. To start the Specialty Textile Manufacturing business, you can start by contacting Shopify clothing store owners to see if there are any custom products they would like to make to try and sell on their online store.
After working with them to find a custom design that can be made, you would hire a local textile manufacturer to make the products that the Shopify store owner wants to buy.
6. Software development company
A software development company has great potential in Pakistan as there are many local talents that can be accessed in the region. Talents from neighboring countries can also be consulted.
The software development company would work with local businesses to create solutions that would help them manage their business and earn more money. This could be done, for example, by developing a software application for a local clinic with multiple locations to share health records to facilitate customer service. Or you can take a riskier approach and develop software programs for new startups and receive a percentage of your equity as payment.
7. Simple phone manufacturing company
Another manufacturing industry that Pakistan is poised to boom is the phone manufacturing sector. This is also because the government has recently rolled out new policies that make it cheaper for companies to manufacture their phones and devices in Pakistan. And with policy changes come huge business opportunities for taking orders and manufacturing smartphones.
This business idea would require more start-up capital at the beginning, but it could pay off in the long run. First, you would need to build or buy a smartphone factory and hire workers to manufacture the phones. However, large contracts can quickly generate a lot of revenue for you and your business.
8. Mental Health Education Service
Mental health education is becoming more and more important in Pakistan as more and more young people suffer from anxiety, stress, depression and other mental illnesses. If you want to help your local community in Pakistan with a business then this service would be a great opportunity.
To begin with, you must develop a mental health program that can be taught to groups. Then you can contact your city or local government to see if they will give you a grant to get you started. If not, you need to contact local schools, organizations and possibly businesses to see if they will pay you to come and offer your services to workers, students and people in the organization. There is a growing search and demand for this type of work.
9. Community service reading and writing
An important issue that has been raised numerous times by local people in Pakistan is the need to increase literacy across the country. Illiteracy is a big problem and needs to be faced by the entire population for the economy to prosper.
The non-profit literacy ministry would help solve this problem by helping people in poor communities learn the basics of reading and writing. To make money, you may need to raise money from donations in the local community, or you may receive a government grant to fund your efforts. While it may be difficult financially to operate, this would provide long-term value to the community and allow the area to thrive with new businesses as people learn.
Tip:Are you looking for trouble in your country but don't know where to start? Try searching Quora.com. It's a great resource for finding issues from people close to you.
10. Solar energy storage company
With the possibility of solar production as a business idea, there is also the need to efficiently store this solar energy in order to be able to use it when necessary. The solar energy storage venture would involve purchasing efficient electric batteries that can be connected to solar power plants to collect energy. Solar energy could then be transported and soldrural communitiesthat don't have much access to electricity, or it can be sold to others as a backup in the event of a power outage.
That company could make money by selling the energy it buys from solar panels and selling it to communities or businesses that need it.
11. Small water treatment system installation company
Poor water quality in some areas of Pakistan is a major issue that needs to be addressed as it causes other health problems later on. The small water treatment systems company would work with a group of three to five families to develop a water treatment system for the local water supply. The water treatment system would be something that people could bring water to so that it was clean and usable.
Small water treatment plants would allow you to start this business idealow initial costas larger treatment systems would require larger parts and therefore more money.
12. Air Mask Online Store
Environmental issues are a growing concern in Pakistan. Both noise and air pollution are becoming major issues as Pakistan and neighboring countries have limited regulations on air pollution and therefore many companies are taking advantage of the limits. In short, problems for communities.
To solve the problem of air pollution, you can open an online store for all different types of air masks. They can have interesting designs or target specific genres, etc. The store can order masks wholesale from a local manufacturer, then target people with online ads or local influencers to help sell the product.
13. Plant-based meat-like food manufacturers
Demand for plant-based meat is growing significantly around the world. This manufacturing business idea would meet this growing demand by developing plant-based meat products that could be sold to companies like Beyond Meat and its competitors.
14. New Venture Investment Fund
A fundamental need in Pakistan's economy is more cash investment for new ventures. The people of Pakistan are very hardworking and eager to start new businesses, but the only thing that stops some of the biggest companies from starting is seed capital and funding. Especially since manufacturing in Pakistan is so popular.
The new venture investment fund would help address this issue by providing funding to qualifying companies that need to be taken to the next level. If you don't have a lot of money, you can still open this company. To do this, you would need to raise money from wealthy individuals in your community or in international countries.
15. Talent Acquisition Agency
In many international countries, there is a great need for good employees. The Talent Acquisition Agency would work with companies in Asia, Europe and North America to source talent from the Pakistan region as there are many qualified people these companies are looking to hire. You can charge companies a fee and then go to local schools and universities to see if there are candidates looking for jobs abroad. They would also help them deal with the international visa process if needed.
16. Local Bootcamps for Entrepreneurs
Entrepreneurship is a growing demand in Pakistan and to meet this need, you can develop local youth entrepreneurship training camps. If you are new andnovice businessmanYou can start by being the event planner and working with a local representative.Entrepreneur with experienceto help you develop a program to present or present for a fee. Each participating person can pay a fee and you can earn income that way.
17. Auto parts and accessories store
Aftermarket parts and accessories are very profitable industries in Pakistan. If there is a very profitable industry, it is ripe for disruption that will add value to the customer. It also means that there could be a lot of potential for growth in the industry as well.
55% ~ 70% OF VEHICLE PARTS ARE MANUFACTURED LOCALLY IN THE COUNTRY.
This auto parts and accessories store would specialize in supplying auto parts to Pakistan's main transport industry. They could start sourcing parts locally or from neighboring countries, then contract with local carriers to replace critical parts that break and require maintenance.
18. Halal Food Maker
Halal is a growing type of food that many people in and around Pakistan love to taste. It can be done in many different ways and that's what people love. The different forms like halal breakfast and dessert platters make the food more popular than ever.
Many other companies would love to start selling a different kind of Halal to their customers, but they may not have the production capacity to do so. You can set up a halal kitchen to make these different creations on demand that work like a bakery.
19. Social media advertising agency
With all the opportunities in manufacturing and other industries in Pakistan, social media marketing can play a key role in reaching new customers. If you're interested in social media marketing, you can start by offering services to local industries like manufacturing. Help business owner target and stand out on the web so they can reach more potential customers. Over time, this business idea in Pakistan can expand to other industries, allowing you to expand your clientele.
20. Custom t-shirt printing
The Custom T-Shirt Printing Company would help serve the growing online businesses that sell custom T-shirts. The textile industry in Pakistan has great growth potential and the t-shirt sector is a growing niche. T-shirt printing plants are not very complex to set up compared to other manufacturing facilities and can be done at relatively low cost.
Once the store is ready, you can reach out to as many online t-shirt business owners as possible to see if they would like to change their supply chain to use your services.
21. Stahlcontainer-Heimentwickler
Housing construction and development in Pakistan is another growth area, as the middle and upper classes grow as they seek to raise their quality of life and standards. And a cost-effective solution, especially in an area like Pakistan, would be to use steel containers.
To start with, you can first find a supplier for the steel containers, then build a display house in your community to show people. Finding an area with a lot of foot traffic can give you the exposure you need to land some customers and turn this into a viable business.
22. Political rating site
Another big problem in Pakistan is corruption in the political system. This is a big problem for the people of Pakistan as the economy cannot prosper when there is a high level of corruption at the government level.
If you want to solve this problem, you can start by creating a website that ranks current and future politicians and ranks them according to their ability to avoid corruption and work for the people. To earn money, you can place ads on the site and partner with other local businesses to promote them.
23. Local media company and personal
Online media is booming in the Middle East and especially in Pakistan. With corruption in the country, there is room for more local and personal media companies to tell stories about the little things happening across the country.
If you have a passion for creating video content, interviewing locals, and reporting the news, this could be a very exciting business. To keep things cheap in the beginning, you can do the interviews, edit the videos and upload them to YouTube and your website. To get viewers, you can start using social media marketing in your city and region.
24. Local tour company
Pakistan now has an opportunity to grow in the tourism industry, as some of the political and war-related tensions in the region have eased over the years. If the tourism industry starts to boom, this could be a great business idea.
The Local Tourism Company aims to offer tourists a very local experience for a fee. You can start by setting up a simple website that offers your services and lists the top 5 things to do as a local in Pakistan. So you can rent a van and take your clients on these local experiences. This could be a much more fun experience as a tourist and really experience the local culture.
25. Online Virtual Assistant
The online virtual assistant business idea is not new, but it is a great business to start in Pakistan if you live in an area that has little support for other business ventures. The reason it's great is because you can achieve it.work comfortably at homeand you can have customers from all over the world.
If you want to start an online virtual assistant business, it is recommended that you spend some time choosing a niche that you want to enter so that you can differentiate yourself and excel in your business. If you are looking for a cheap business idea to start in Pakistan then this is the ideal idea.
26. Greenhouse installation and maintenance company
The climate in Pakistan makes it perfect for using greenhouses to grow a variety of different crops and even herbal medicines. The heat allows many exotic plants to thrive and the greenhouse can protect the plants from dust storms in the area.
The Greenhouse Set Up Company undertakes the installation of greenhouses for local residents and the maintenance of the greenhouse if the owner wishes to improve the service. If you want to keep costs low initially, you can start by selling the concept to one person so you have enough money to buy the materials you need to get started.
27. Franchise Support Business
Franchising is a popular option for new entrepreneurs in Pakistan possibly Karachi as they don't have to brand, process and do all the marketing themselves. The franchise does this so they can focus on building a community and adding value through their business.
To help this group of people thrive, you can start a franchise assistance service. This company is designed to help new franchise owners build their franchise and help them start building a stable customer base.
FAQs
Which business is most profitable Pakistan? ›
- Industrial and Manufacturing. ...
- Trading (Import and Export) ...
- Retail Industry. ...
- Agriculture. ...
- Solar Energy Production Company. ...
- Local Tourism Companies. ...
- Real Estate Brokering. ...
- Mental Health Education Service.
- Start a dropshipping business.
- Design and sell print-on-demand t-shirts.
- Launch your own book.
- Create digital products or online courses.
- Sell print-on-demand posters, greeting cards, and prints.
- Start a charitable business.
- Sell a service.
- Create an online fashion boutique.
- Meal Sharing Company. ...
- Import and Export Specialization Company. ...
- Solar Energy Production Company. ...
- Unique Footwear Client Development Business. ...
- Specialty Textile and Synthetic manufacturing. ...
- Software Development Firm. ...
- Simple phone manufacturing company. ...
- Mental Health Education Service.
The most selling products in Pakistan is clothing, the most popular sub-category being women's clothing. Whether it's ethnic or Western, local or imported, low-price or mid-range, it all sells.
Which industry is growing fast in Pakistan? ›IT/ITeS Sector is one of the fastest growing sectors of Pakistan contributing about 1% of GDP of Pakistan at about 3.5 billion USD. It doubled in the past four years and experts expect it to grow a further 100% in the next two to four years to $7 billion.
Where to invest 2 million in Pakistan? ›- Real Estate. For an option for high-return investment in Pakistan, real estate is one of the most popular and widely-used opportunities. ...
- Peer-to-Peer Lending. ...
- Stocks. ...
- Banks and Investment Companies. ...
- Gold. ...
- Forex. ...
- Bonds. ...
- 3D Printing.
- Financial Services.
- Eldercare.
- Business Consultancy.
- Investment Firm.
- Education and Training Service.
- Insurtech.
- Cleaning Business.
- Healthcare Consultancy.
- Freelance or Consulting.
- Online Coaching.
- Online Clothing Consignment.
- Create Online Courses.
- Start an Online Store (Ecommerce)
- Starting a Saas Product or App (Beta)
- Childcare and Education.
- Dropshipping. ...
- Design and sell print-on-demand products. ...
- Start a customised gifting store. ...
- Sell your digital creations online (music/ photography/ digital art) ...
- Sell courses or webinars. ...
- Turn your skill/ expertise into a service. ...
- Start your own curated fashion boutique. ...
- Sell handcrafted and homemade goods.
- Top online earning websites in Pakistan without investment 2021. Following are the freelancing websites best for initiating online earning. ...
- Upwork. Upwork is another freelance work platform. ...
- Freelancer. ...
- 99 designs. ...
- Peopleperhour.com. ...
- Guru.com. ...
- Rozee. ...
- Workchest.com.
What are big business in Pakistan? ›
Name | Headquarters | Industry |
---|---|---|
Nishat Group | Lahore | Conglomerate |
Fauji Foundation | Rawalpindi | Conglomerate |
Hashoo Group | Karachi | Conglomerate |
Bahria Town | Islamabad | Real Estate |
- #1 Walmart Inc. (WMT)
- #2 China Petroleum & Chemical Corp. (SNP)
- #3 Amazon.com Inc. (AMZN)
- #4 PetroChina Co. Ltd. (PTR)
- #5 Apple Inc. (AAPL)
- #6 CVS Health Corp. (CVS)
- #7 Royal Dutch Shell PLC (RDS.A)
- #8 Berkshire Hathaway Inc. (BRK.A)
- Chartered Accountant.
- CSS.
- IT Professional.
- Doctor.
- Engineer.
- Architecture.
- Lawyer.
- Business.
- Be the head chef of your own food truck. ...
- Become a virtual interior designer and sell home decor products. ...
- Start a dog-walking and pet-sitting business. ...
- Become a virtual teacher and sell memberships to an online course.
- Fitness or physical therapy services. The pandemic seems to have permanently changed the fitness landscape. ...
- App development. ...
- Online consulting services. ...
- Dropshipping. ...
- Home improvement services. ...
- Information security. ...
- Event planning and virtual event planning. ...
- Commercial cleaning services.
- Home décor. Pakistani traditional home fittings and decorations are hot selling items on the local e-commerce scene. ...
- Handcraft. ...
- Textiles and apparel. ...
- Bedding. ...
- Jewelry. ...
- Phone and phone accessories. ...
- Consumer electronics. ...
- Footwear.
The best-selling categories on Amazon include electronics, clothing/jewelry, home & kitchen, beauty/personal care, books, cell phones/accessories, movies & TV, pet supplies, sports/outdoors, and groceries.
What products are in high demand right now? ›- Beauty products, like false eyelashes and makeup.
- Pet products and carriers.
- Novelty T-shirts, especially those with unique and fun designs.
- Water bottles, especially self-cleaning bottles.
- Jewelry and fashion accessories (though trends change quickly)
In 2021, agriculture contributed around 22.67 percent to the GDP of Pakistan, 18.8 percent came from the industry, and over half of the economy's contribution to GDP came from the services sector.
Which industry to invest in Pakistan? ›- Real Estate – Investing in Real Estate. ...
- Gold – Investing in Gold. ...
- Chain Franchising in the Food Industry. ...
- Bond Investment – Prize Bonds. ...
- Stock Exchange – Stock Market (PSX 100) ...
- Investment in Automobile Industry. ...
- Futures Trading of Commodities. ...
- Investing in Medicine.
Which field is best for future in Pakistan? ›
- Bachelor of Science in Computer Science. A degree in computer science is a degree which is highly demanded by employers these days. ...
- MBBS. ...
- BBA. ...
- BS Accounting and Finance. ...
- BS Engineering and Technology. ...
- BS Mass Communication. ...
- Bachelor's Laws (LLB) ...
- BS Aviation Management.
Mian Mansha is a renowned business mogul of Pakistan with a vast empire of businesses under his name. He is the Chairman and founder of Nishat Group of Companies and is the highest taxpayer in Pakistan.
How can I get monthly income? ›- Senior Citizen Saving Scheme.
- Post Office Monthly Income Scheme.
- Long-Term Government Bonds.
- Corporate Deposits.
- Monthly Income Plans.
- Pradhan Mantri Vaya Vandana Yojana.
- Life Insurance Plus Saving.
- Systematic Withdrawal Plans.
Investing in reputed and profitable companies can increase the chances of doubling your money over a certain period. However, it is essential to understand the technicalities of the stock market before investing. Real estate: Investing in real estate is a traditional way to double the money.
What are the 4 ways to get rich? ›- Avoid (and Pay Down) Debt. ...
- Spend Intentionally and Minimize Costs. ...
- Invest as Much as Possible in a Diversified Portfolio. ...
- Work On Your Career. ...
- Find Extra Work.
- Content Marketing.
- Virtual education/online training.
- 3D printing.
- Mental Health and Marriage Counselling Business:
- Automobile Charging Station.
- Outlets For Fast Food and Delivery.
- Internet of Things (IoT Industry)
- Company for Biometric Sensors.
- Formulate a financial plan.
- Be strong enough to take risks.
- Survive excuses, enhance confidence.
- Keep some capital in hand.
- Save cash from your earnings.
- Invest your money wisely.
No matter how bold or ambitious your plans are to grow your business, the key to your business's success lies in three critical, interdependent components: operational excellence, customer relations/communications and financial management.
What business can I start to make millions? ›- Selling products online.
- Affiliate marketing programs.
- Service businesses.
- Real estate businesses.
- Franchises.
Some of the without investment business ideas to make money from home are blog writing, selling digital products, becoming a freelance writer, e-book writing, e-book publishing, virtual assistant, selling online courses, etc.
What business can I start with only $5000? ›
- Tutoring or Online Courses. ...
- Make a product and sell it online. ...
- Open a consulting business. ...
- Create an app or game. ...
- Become a real estate mogul. ...
- Virtual Assistant.
- Yard work. People with 9-to-5 jobs don't always want to spend their weekends doing yard work. ...
- Software training. ...
- Homemade soap making. ...
- Errand service. ...
- Social media management. ...
- Freelance services. ...
- Selling on eBay. ...
- Pet sitting.
- Online seller. Whether you want to sell apparel, collectibles, or whatever, you can easily get up and running online on the cheap. ...
- Virtual educator/trainer. ...
- Dropshipper. ...
- Social media marketer. ...
- Freelance writer or editor. ...
- Sales consultant. ...
- DIY crafts and treats. ...
- Lawn care.
- Top online earning websites in Pakistan without investment 2021. Following are the freelancing websites best for initiating online earning. ...
- Upwork. Upwork is another freelance work platform. ...
- Freelancer. ...
- 99 designs. ...
- Peopleperhour.com. ...
- Guru.com. ...
- Rozee. ...
- Workchest.com.
The most selling products in Pakistan is clothing, the most popular sub-category being women's clothing. Whether it's ethnic or Western, local or imported, low-price or mid-range, it all sells.
What are the best stocks to buy in Pakistan? ›- TRG Pakistan. 112.30. -2.80-2.43% Loading.
- Pakistan Petroleum. 71.49. -3.69-4.91% Loading.
- Oil and Gas Development Co. 89.14. -5.44-5.75% Loading.
- Engro Corporation. 300.04. -1.04-0.35% Loading.
- Systems Ltd. 484.90. +5.02+1.05% Loading.
- Hub Power Company. 65.61. -0.83-1.25% Loading.
- Keep working that day job.
- Find a side hustle that will generate some extra income.
- Identify additional ways to save or get rewards.
- Use the extra money you earn to invest and generate passive income.
- Home décor. Pakistani traditional home fittings and decorations are hot selling items on the local e-commerce scene. ...
- Handcraft. ...
- Textiles and apparel. ...
- Bedding. ...
- Jewelry. ...
- Phone and phone accessories. ...
- Consumer electronics. ...
- Footwear.
- Electronic accessories.
- Video games.
- Ayurvedic items.
- Beauty.
- Personal care.
- Sports items.
- Online course.
- Clothing.