The economy of Pakistan is categorized as a developing economy. It ranks as the 24th-largest based on GDP using purchasing power parity (PPP) and the 46th largest in terms of nominal GDP. With a population of 241.5 million people as of 2023, Pakistan's position at per capita income ranks 161st by GDP (nominal) and 138th by GDP (PPP) according to the International Monetary Fund (IMF).
Continental AG, commonly known as Continental or colloquially as Conti, is a German multinational automotive parts manufacturing company that specializes in tires, brake systems vehicle electronics, automotive safety, powertrain, chassis components, tachographs, and other parts for the automotive and transportation industries. Continental is structured into six divisions: Chassis and Safety, Powertrain, Interior, Tires, ContiTech, ADAS. It is headquartered in Hanover, Lower Saxony. Continental is the world's third-largest automotive supplier and the fourth-largest tire manufacturer.
Dunlop Tyres is a brand of tyres which is managed by different companies around the world. It was founded by pneumatic tyre pioneer John Boyd Dunlop in Belfast, Ireland, in 1888.
Karachi is the financial and industrial capital of Pakistan. As of 2019, Karachi has an estimated GDP (PPP) of $164 billion. The city accounts about half of the total collections of the Federal Board of Revenue, out of which, approximately half are customs duty and sales tax on imports. Karachi produces about 30 percent of value added in large-scale manufacturing, 25% of the GDP, the World Bank identified Karachi as the most business-friendly city in Pakistan. In 2010, research by the global human resources company Mercer found Karachi to be the most inexpensive city in the world.
Nokian Tyres plc, headquartered in Nokia, Finland, produces tyres for cars, trucks, buses, and heavy-duty equipment. Known for its winter tyres, Nokian is the only tyre manufacturer in the world with its own permanent winter tyre testing facility. The company's Hakkapeliitta brand name is recognised in Finland as a trademark.
Lucky Core Industries Limited, formerly known as ICI Pakistan, is a Pakistani conglomerate company headquartered in Karachi. It manufactures polyester, pharmaceutical, agrochemical, soda ash, and veterinary medicine.
Ghandhara Automobiles Limited formerly known as Ghandhara Nissan, is a Pakistani automobile manufacturer based in Karachi.
Ghandhara Industries Limited (GIL), formerly known as National Motors Limited, doing business as Isuzu Pakistan, is a Pakistani truck and buses assembler based in Karachi. It is the authorized assembler of Isuzu vehicles in Pakistan.
Indus Motor Company Limited, operating as Toyota Indus, is a Pakistani automobile manufacturer which is a subsidiary of Japanese multinational automaker Toyota Motor Corporation. It is based in Karachi, Pakistan.
Shell Pakistan Limited is a Pakistani oil and gas company which is a subsidiary of the Shell plc and has been in South Asia for over 100 years. Shell's flagship business in Pakistan is the downstream retail marketing company, Shell Pakistan Limited, which has interests in downstream businesses including retail, lubricants and aviation. On 14th June, 2023 Shell announced to sell its holding in Pakistan.
Lucky Cement Limited, also known as Yunus Brothers Group, or Lucky Group, is a Pakistani conglomerate company headquartered in Karachi, Sindh. Named after the place, Lakki Marwat, where the first plant was commissioned in 1993, Lucky has become one of the largest cement producers in Pakistan. It has 15.3 million tonnes per annum of manufacturing capacity. The company is listed on the Pakistan Stock Exchange.
The automotive industry in Pakistan is one of fastest-growing industries in the country, growing by 171% between 2014 and 2018. It accounts for 7% of Pakistan's GDP and employed a workforce of over 6.8 million people as of 2024. Pakistan is the 15th largest producer of automobiles. Its contribution to the national exchequer is nearly US$5.4 billion. Pakistan's auto market is among the fastest growing in Asia. 384,000 cars were sold in 2023. In the 1990s and early 2000s, Pakistan had many Japanese cars. With the launch of the first Auto Policy in 2005, Pakistan launched its first indigenous car, Adam Revo. However, after the 2008 elections, the dollar started depreciating, and due to bad governance, many automakers began to halt production, with some exiting Pakistan. Currently, the auto market is dominated by Honda, Toyota, Hyundai, Kia and Suzuki. However, on 19 March 2016, Pakistan passed a second "Auto Policy 2016-21," which offers tax incentives to new automakers to establish manufacturing plants in the country. In response, Renault, Nissan, Proton Holdings, Kia, SsangYong, Volkswagen, FAW, and Hyundai have expressed interest in entering the Pakistani market. MG JW Automobile Pakistan has signed a memorandum of understanding (MoU) with Morris Garages (MG) Motor UK Limited, owned by SAIC Motor, to bring electric vehicles to Pakistan. NLC signed an agreement with Mercedes-Benz to manufacture Mercedes Actros trucks in Pakistan. Pakistan has not enforced any automotive safety standards or model upgrade policies. A few older vehicle models, including the Bolan and Ravi, continue to be sold by Suzuki. On 8 July 2021, Jolta Electric launched the production of electric motorcycles.
Fauji Fertilizer Company Limited (FFC) is a Pakistani fertilizer manufacturer based in Rawalpindi. It is a subsidiary of the Fauji Foundation.
Industry in Karachi are the various industries that are located in Karachi, Pakistan. The commerce and industry in Karachi represents major economic activities in Pakistan. Pakistan ranks 40 among the countries of the world in nominal GDP, and number 55 in the world in factory output. Pakistan's industrial sector accounts for about 24% of GDP.
Packages Limited, also known as Packages Group, is a Pakistani multinational packaging company with its head office based in Lahore. The company was founded in 1956. It is a public limited company incorporated in Pakistan. It is principally engaged in the manufacture and sale of packaging materials and tissue products. The company also holds investments in many companies.
International Steels Limited is a Pakistani company which manufactures cold rolled, galvanized and color coated steel coils and sheets. It is based in Karachi, Pakistan.
Engro Fertilizers is a Pakistani fertiliser manufacturing company headquartered in Karachi with its manufacturing facility located at Daharki, and a facility located at Port Qasim as well. It is a subsidiary of Engro Corporation. It has 35% market share of the Pakistani fertilizer market as of 2023.
Engro Polymer & Chemical Limited (EPCL) is a Pakistani polymer manufacturing company based in Karachi, Pakistan. It is a subsidiary of Engro Corporation with a local market share of more than 70%.
Attock Cement Pakistan Limited, doing business as Falcon Cement, is a Pakistani cement manufacturer headquartered in Karachi, with manufacturing plant in Hub, Balochistan. It was incorporated in Pakistan on 14 October 1981 as a public limited company. It is a subsidiary of Pharaon Investment Group Limited Holding S.A.L, Lebanon.
Bibojee Group, also known as Ghandhara Group, is a group of companies headquartered in Karachi. It is among the major enterprises in Pakistan, incorporating businesses in manufacturing – textiles, automotive vehicles, tyres, insurance, and construction industries.
Rs. 15.01 billion (US$52 million) [1] (2023)
Rs. 18.27 billion (US$63 million) [1] (2023)