Multinational companies in Pakistan play a significant role in the economic development of the country. Pakistan is on the top of the list of those countries that are rapidly growing their interest in expanding the homeland to welcome multinational firms and corporations to generate wealth and provide employment opportunities to the growing population of the country.
Since 1947, foreign companies in Pakistan have been operating their operations to ramp up the economic growth in Pakistan. These multinational firms in Pakistan, including Mobilink, Nestle, Coca-Cola, Procter & Gamble KFC, Unilever, Microsoft, Standard Chartered, Pizza Hut, and Pakistan Tobacco Company have helped provide thousands of jobs and attracted foreign investment to Pakistan.
The prevalence of many multinational corporations also encouraged indigenous investors to take part in the hasty development of Pakistan.
List of Best Multinational Companies in Pakistan 2023
Nowadays, Pakistan is among the countries in South Asia with so many multinational organizations currently in operation. These multi-national corporations are ranging from IT to Health and Textile, Food and beverages, and finance.
1. Coca Cola – No 1 Multinational Company in Pakistan
You are well aware of the fact how Coca-Cola acquired the world market, specifically the Pakistan market. A large number of the public, in urban and rural areas, used to drink Coca-Cola on every usual and auspicious occasion.
Hence, the company was formed in 1982, and it has prolonged its roots widely to every corner of the world, and thus nowadays, it is one of the most famous multinational firms in Pakistan. The reason for its fame in Pakistan is that every average individual can afford to use it. Do you know the net income of Coca-Cola? Despite its negative impact on health, it is one of the most selling beverages. So, the net income of Coca-Cola is US$8.92 billion.
2. Nestle
Nestle is amongst the top 10 multinational companies in Pakistan, successfully working for the last 30 years in Pakistan, Nestle is a famous brand for food selling. Not only is it famous in our country, but it has extended its business to many other countries. There are many features that make Nestle distinguished from other food brands; the features are its packing, hygiene, pricing, and safety.
Nestle is currently providing its services to more than 180 countries and still looking for more windows. Due to its unique characteristic regarding quality, nestle is equally acceptable among the general public and investors. Besides business and profit, the multinational company managed to donate to many social organizations as recently it donated 75 tons of water to National Disaster Management Authority.
3. KFC
You will instantly hear about KFC if you ask someone about taste and quality. Including Pakistan, more than 123 countries’ people use the KFC product very keenly. KFC is famous for its exceptional food. The first KFC shop was established in Karachi in 1997. Up to date, there are 92 outlets in 24 major cities of Pakistan, of which 22 are operated in Karachi and 17 in Lahore. Its remarkable services in Pakistan make it one of the top 10 multinational brands in Pakistan.
4. Mobilink
In the technological era, the most advantageous platform that helped people to connect with one another is Mobilink. Uprooting in 1994 as a result of a joint venture of Motorola and Saif Group, the telecommunication company has now become a brand. Though Mobilink is performing its services in Lahore, Pakistan, it comes under the umbrella of a multinational corporation. According to an announcement made in 2021, Mobilink is one of the largest telecommunication companies that have acquired its status globally. As per Pakistan, so, with more than 55 million subscribers, it has become the largest multinational corporation in Pakistan.
5. Pizza Hut
You must know about Pizza Hut if you are a foodie. However, there are many multinational organizations in Pakistan, but the most notable of them is Pizza Hut. With a chain of 18,703 restaurants, it has become one of the favorite restaurants in Pakistan. The features that make it distinguished are outstanding customer service, on-time delivery, and delicious foods.
In addition, the operation of multinational companies in Pakistan adds something to the GDP of Pakistan that enhances the economic growth of the country, but Pizza Hut, with adding to the economy of Pakistan, also has attracted a large number of investors to apply the same pattern of a restaurant in Pakistan. So, by this means, many people have found the idea to open their own businesses using techniques of that multinational brands.
6. Unilever
The most renowned multinational corporation was first established in 1948 and mainly aims to produce food as well as skincare and hair care items. Unilever products are nowadays liked and appreciated by people in 150 countries. in Pakistan, Unilever started its setup in 1952.
Furthermore, Unilever is not a single entity, but there are many sub-companies under its roof of Unilever. In recent years, Unilever has become the most contributive firm in Pakistan that has earned the fame and trust of a large number of the public. We can determine the contribution of the multinational corporation by knowing its net income, which is US$47 million.
7. Microsoft
In this advanced era, no one is there who could claim to be unaware of Microsoft. An American technology company, Microsoft Corporation, is famous in Pakistan as it creates fabricates, licenses, and sells computer software, electronics, personal computers, etc.
The main purpose of the company is to advance humans and hold their hands in benefiting from advanced technologies. Research reported in 2020 that there were more than 300 million users of only Windows 10. With every coming day, where other multinational firms are less operated, there Microsoft corporation is exceedingly acquiring fame and making its users feel its need. The company’s net income was raised to US$15.5 billion, which is 44% up to as compared to 2020.
8. Procter & Gamble
Procter & Gamble is included in the list of the top multinational corporation in Pakistan. The business sells a variety of products. Everyone is well aware of the daily use of products like Shampoo, soap, oil, facial cream, etc. However, the branded Shampoo, head & shoulder, is a product of the P&G group. It made its first shipment to Pakistan in August 1991, and thus became a reputable organization in Pakistan and marked its name in top multinational firms. If you want to know about the net revenue of the corporation, it is $22 billion. Proctor & Gamble’s popularity lies in the standard and reliable products that they have been providing us with.
9. Standard Charted
Standard Charted bank is topping the list of multinational corporations in Pakistan. It is one of those assisting factors that contribute to the economic growth of Pakistan. Besides the exceptional service of Standard Charted Bank, it has also facilitated a large number of populations providing them with employment opportunities. According to recent updates, there are 2800 employees facilitating from Standard Charted. It also received an Islamic banking license and became the first international bank to attain that award. In 11 cities of Pakistan, Standard Charted bank has 61 branches.
10. Pakistan Tobacco Company
Pakistan is one of those countries that produce tobacco products in large numbers. PTC is economically significant for Pakistan. It was established in 1947 after the partition. The company has been operating in Pakistan successfully these years. It has added more to the economic growth of Pakistan as more than 1 million people are earning their livelihood working in Pakistan Tobacco Company. Its persistent toil in economic development makes it enlisted in the list of multinational companies in Pakistan.
