His tragic demise is a serious setback for telecom industry of Pakistan. Airlink Communication is the leading distributor of Huawei and Samsung smartphones in Pakistan. Paracha was the major driving force behind the Airlink Communication. The company started with the distribution of PTCL devices and then moved on to distributing smartphones of leading brands.
Paracha was also involved in travel and tourism ventures, in addition to the telecom services. He was about to step his feet in the food industry of Pakistan by opening a new restaurant. In order to scale the operations and enter new market segments, Paracha was exploring different avenues as well.
At the time of the blast, Paracha was visiting Defence Z-block for the location of his next venture. He was taken to the hospital in a critical condition but succumbed to the wounds and lost his life.