While briefing the press at the Pakistan Auto Parts Show 2011 on Tuesday, he said that during the first five months of the current financial year of the company, AHL has exported 12,450 units to different countries- already exceeding last year exports.
He further said that AHL is fully committed to the development of local motorcycle industry by supporting local auto part manufacturers to move towards 100% localisation.
Pakistan Association of Automotive Part and Accessories Manufacturers Chairman Nabeel Hashmi, while speaking to the press on the occasion, said that the vending industry is committed to produce as much auto parts as possible but their planning and growth is associated with the development of car makers which is not possible without stable policies.
The industry does not demand any special treatment, he said, adding that just the continuation of policies and understanding the viewpoint of local auto industry will benefit the Pakistani economy resulting in more and more jobs and revenue for the national exchequer.
Chief Executive of Indus Motor Company (IMC), Parvez Ghias, while addressing the concluding ceremony at the event, said the local auto industry is constantly investing in the country amid critical economic turmoil in Pakistan, while other industries pulled out.
“Government should formulate policies that support the industry to create more employment opportunities,” he said.
In Pakistan too, he said, it provides jobs to millions of local youth, contributes 5% to the national exchequer (Rs98 billion), transfers modern technology, provides means of mobility for goods and people, besides enabling other associated industries to run.
Published in The Express Tribune, October 26th, 2011.
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Pakistan needs to increase import duty for all used or new cars imports. No more than two-year old cars should be allowed to import. Pakistan needs tough rules for cars imports to increase domestic manufacturing and encourage investment in car assembly or manufacturing. Similarly higher duties should be imposed on cell phones imports. Gov. should provide incentives for those who want to import cars and cell phone manufacturing technology in the country rather than assembled products.
The govt should act a prototype role in car industry by sanctioning some local investors to mitigate the monopoly of some giants, so the people could enjoy car ownership at low price.