Sector development in the emerging Gwadar port will help facelift provincial economy Development of automobile industry in the least developed Balochistan would help diversify the provincial economy. It would also create more employment opportunities to the people of the province. …
Read More »Atlas Honda posts 25pc profit increase in first 9 months
Atlas Honda Limited (AHL), Pakistan’s leading motorcycle manufacturer, posted a profit of Rs6.18 billion for the nine months ended Dec 31, 2017, increasing from Rs4.93 billion in the corresponding period last year registering a 25 percent increase. A sharp fall …
Read More »Contribution of auto industry to Pakistan economy
All sorts of vehicles put together are the biggest source of logistics, consumer of energy products, sources of employment and contribute towards multiple economic activities. Quantifying their contribution to the economy may not be as easy as perceived by those …
Read More »Future of electric cars in Pakistan
On April 23, 2016, Pakistan signed Paris climate agreement, joining 174 other nations in a commitment to combat climate change. The Paris Agreement is an agreement among 175 countries within the UN Framework Convention on Climate Change (UNFCCC) dealing with …
Read More »Need to make Gwadar a future automobile manufacturing hub
Automobile is an export driven-industry providing lucrative investment opportunities for foreign investors. Though Pakistan automobile market witnessed a rapid growth and hefty expansion over the past one decade, yet Balochistan could not see any development in auto and allied sector. …
Read More »Exciting prospects for new car makers in Pakistan
New five-year auto policy, announced by the Ministry of Finance, Government of Pakistan in March 2016, seems to be very much eventful as far as the automobile industry in Pakistan is concerned. The government’s new auto policy is now focused …
Read More »Boosting auto sector through consumer financing amid low interest rates
Pakistan’s auto market is considered among the smallest, but fastest growing in South Asia. Over 280,000 cars were sold in the fiscal year 2016-17, rising from just above 200,000 units during fiscal year 2015-16. At present, the auto market is …
Read More »Auto import vs local assembly: Finding a workable balance
Pakistan started assembling of brands of American and European vehicles in fifties and Japanese brands in sixties. Despite lapse of more than half a century, the industry remains heavily dependent on imported parts. Some analysts attribute the prevailing situation to …
Read More »New auto policy: Indus motors in right position to uphold its dominance
The auto industry is considered as the heart of the manufacturing economy. It is one of the biggest providers of different kinds of jobs. The new auto policy introduced in the country will bring tremendous growth. For Indus Motors, it …
Read More »Review of new auto policy
The government has finally approved a new Automotive Development Policy for five years (2016-21) after a delay of almost two and a half years. The new auto policy was announced by the Economic Coordination Committee (ECC) of the Cabinet offers …
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