More

    Emerging sectors are vital for economic growth: Uzair Nizam

    Business and economic activities are evolving from traditional sectors to emerging ones, including beauty, fitness, and consumer health, hence these sectors are creating increasing opportunities for investment and employment at both global and local levels, said Muhammad Uzair Nizam, Executive Director of Ecommerce Gateway Pakistan.

    Speaking at the inauguration of the 10th edition of Beauty, Fitness, and Consumer Health Asia, on Thursday alongside foreign delegates from various countries, Nizam stated that emerging sectors are no longer niche but are gradually transforming into vital pillars of the global economy.

    He added that these sectors are generating millions of jobs across the value chain—from manufacturing and marketing to research and retail—significantly boosting employment rates and contributing to GDP.

    “By investing in innovation, sustainability, and inclusivity, these industries have the power to drive socio-economic development and improve quality of life worldwide,” he said. He further emphasized that the beauty, fitness, and consumer health sectors generate jobs and business opportunities, particularly for young and female entrepreneurs.

    More than 2,000 renowned brands and 350 companies from seven countries, including the USA, China, Korea, Iran, Turkey, and Indonesia, are participating in the expo. The exhibition is expected to attract 40,000 visitors and generate $20 million in revenue through service exports, B2B deals, sponsorships, and tourism-related activities.

    The event aims to provide a platform for stakeholders, experts, and consumers in Pakistan’s emerging healthcare, fitness, and wellness sectors. It aims to introduce various beauty trends and innovations to the Pakistani audience, enhancing Pakistan’s global presence in these industries.

    Also Read: Pakistan Paving Way for Islamic Financial Ecosystem: SECP Chief

    Latest articles

    Unlocking Growth Potential:  D&B Pakistan & PSO Join hands

    Dun & Bradstreet Pakistan (D&B) has partnered with Pakistan State Oil Company Limited (PSO), the country's leading energy company, to enhance its supplier risk...

    AKU’s Landmark Clinical Manual Aims to Prevent Nearly 280,000 Deaths Each Year

    In a significant stride towards enhancing healthcare in Pakistan, Aga Khan University (AKU) has unveiled the AKU Manual of Clinical Practice Guidelines, designed to...

    Central Depository Company Collaborates with Leading Brokers for Centralized Gateway Portal

    Central Depository Company of Pakistan Limited (CDCPL), the infrastructure backbone of Pakistan’s Capital Market, organized a briefing session for brokers to promote the Centralized...

    Fatima Fertilizer celebrates the sixth Kissan Day as a national triumph for Pakistan’s farmers

    Fatima Fertilizer marked the sixth Kissan Day with a landmark celebration in Islamabad, uniting policymakers, stakeholders, and farmers to honor the pivotal role of...

    Related articles