Manufacturers should focus on exporting ‘Make in Pakistan’ vehicles

KARACHI: Chief Executive Engineering Development Board, Hammad Ali Mansoor has said that local auto manufacturers should focus on exporting “Make in Pakistan” vehicles since Pakistan’s auto market is far better than the auto markets of Bangladesh, Ethopia, and Sri Lanka.

“I ask local auto manufacturers and auto parts manufacturers to work on the formula of future development and must try to get export orders from global market,” said Hammad while speaking at the inauguration of Pakistan Auto Show at Karachi Expo Centre on Friday.

Senior Vice President FPCCI Saqib Fiaz said that local automotive industry has improved quite much this year with the implementation of ‘make in Pakistan’ formula.

“I hope now ‘Make in Pakistan’ formula will be implemented soon in the local auto industry since it has key role in national development, employment, and tax collection,” said Saqib.

He added that new technology in local automotive sector will help expand it and now the need is to have long lasting industrial policy which in turn will strengthen the sectors of development, engineering, and manufacturing.

Shehryar Qadir, Senior Vice Chairman PAAPAM, in his welcome speech said that they are proud to host over 172 exhibitors including leading OEMs from Pakistan’s automotive sector, along with vibrant part manufacturers who form an integral part of the supply chain for these OEMs.

“We extend a special welcome to our international partners from China, Korea, Singapore, and Iran, whose presence enriches this event and strengthens our global ties,” said Shehryar.

He added that today the auto industry faces different set of challenges, primarily policy measures that will shape the very ecosystem of our automotive future.

“Yet, in the face of those challenges we see opportunities. This exhibition is a powerful testament to our industry’s innovative spirit. The Pakistan Auto Show is our answer to the misconception that ‘nothing is manufactured in Pakistan’,” said SVC Paapam.

Zain Shariq, convener Pakistan Auto Show, has said that they are expecting a large turnout in the show and the association worked hard to promote this event.