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Procter & Gamble will shut down enterprise in Pakistan, following Shell and Pfizer exits

by Hifinis
October 2, 2025
in Business
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Procter & Gamble will shut down enterprise in Pakistan, following Shell and Pfizer exits
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Procter & Gamble Co. stated it would discontinue its enterprise in Pakistan, months after the corporate introduced a world restructuring program.

The maker of Tide detergent and different home items will wind down manufacturing and industrial actions of P&G Pakistan, in addition to its razors division Gillette Pakistan Ltd., the Cincinnati-based firm stated in an announcement. It’ll proceed to serve customers from different operations within the area, it stated.

P&G had in June introduced it might pare its portfolio of manufacturers and slash as many as 7,000 jobs over two years as a part of an operations overhaul. The corporate additionally lowered its steering to mirror the impression of commerce tariffs and worsening consumption tendencies.

The choice additionally makes P&G the most recent multinational to cut back from Pakistan, amid wider enterprise and financial challenges together with profit-repatriation curbs and weak demand. Gillette Pakistan’s income nearly halved within the fiscal 12 months ended June 2025 after reaching a file three billion rupees two years in the past.

Shell Plc, Pfizer Inc.,TotalEnergies SE and Telenor ASA have all pulled again from Pakistan in recent times, promoting stakes or operations as multinationals retreat regardless of its standing because the world’s fifth-most populous nation. P&G offered its cleaning soap manufacturing facility in Pakistan to Nimir Industrial Chemical Ltd. final 12 months.

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P&G entered Pakistan in 1991 and grew into one of many nation’s prime consumer-goods corporations, with manufacturers akin to Pampers, Safeguard, Ariel, Head & Shoulders, and Pantene turning into family names. It expanded its native footprint with a cleaning soap plant acquisition in 1994 and a detergent facility in 2010.“The corporate has determined a third-party distribution mannequin is essentially the most prudent method to proceed to serve customers in Pakistan right now,” the corporate stated in an announcement. It stated staff shall be thought of for abroad placements or separation packages.Gillette Pakistan’s board will meet to think about steps for discontinuation, together with a potential delisting. Its shares jumped by the ten% day by day restrict, hitting a three-week excessive.

“I hope such exits make the rulers conscious that every one will not be properly,” stated Saad Amanullah Khan, a former chief govt officer at Gillette Pakistan, citing excessive energy prices, weak infrastructure and regulatory pressures. He stated he hoped for higher situations so “we cease listening to of multinational exits.”

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Tags: BusinessExitsGamblePakistanPfizerProcterShellShut
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