By the end ofthe population in South Asia had exceeded 1. India has the largest population of over 1. In general, the economic development remains at a low level. Due to poor economic development, the minimum wage was lower than USD per month in in South Asia.
Tweet on Twitter is over, with plenty of ups and down in the year, Pakistan automotive industry saw fruitful growth, thanks to the passing of the new auto policy. It would not be wrong to say that it has remained high beneficial for the sector in numerous ways, thanks to the policy.
In fact, one of the biggest fruits the policy has given is the welcoming of several foreign manufacturers and their interest to invest in Pakistan automotive industry.
Finance Minister, Ishaq Dar has announced that French automakers are interested in investing during an official meet with the representatives in September. The company submitted a letter of intent to the Board of Investment BoI for consideration. Audi A3 Sedan Launched in Pakistan: According to BIPL securities, minor details are available so far about the talks, and will soon be developed as the talks continue.
The project will take two years to complete, most likely expected to be done by the end ofafter the formalities have been dealt with. Introducing the New Kings of the Road Not only did see many foreign companies who had an interest in investing, the local manufacturers introduced new models to rock the streets of Karachi.
Pak Suzuki introduced the new Suzuki Vitara Audi Pakistan launched the new Audi A3 for an affordable price Suzuki Celerio entered the market to replace Suzuki Cultus Toyota brought the Heliux Revo into town With so much happening inwe hope is also prosperous for all local manufacturers and the auto sector as a whole.
Stay tuned to Brandsynario for more news and updates.Pakistan's Automobile industry is declining day-by-day due to the corrupt monopolies of the Government itself.
Currently there are the brands of Suzuki, Honda and Toyota and the Government and the Automobile industry is ripping off people by providing sub-standard cars. Mar 19, · Pakistan’s automotive industry (Urdu: پاکستان کی گاڑی صنعت ) is the one of the fastest growing industries of the country, accounting for 4% of Pakistan's GDP and employing a workforce of over 1,, people.
Currently there are automotive manufacturing plants in the. FOURIN,Inc. - Research and Analysis of the Asian Automotive Industry FOURIN, Inc.
is a research and publishing company, specializing in the global automotive industry. Please take a look at the most recent reports and special research publications.
Employment figures for the industry, available only till the year , released by Pakistan Automotive Manufacturers Association (PAMA), are given in the table below.
Engineering Development Board (EDB) Pakistan was the organization responsible for the development of localized auto industry in order to control imports and rely on local auto parts and manufacturers, after the decision to shut down the EDB the drive to localize auto industry would be impacted to .
The automobile industry in Pakistan started to achieve the objectives of fulfilling the requirements of the country, creating manufacturing base, import substitution, foreign exchange saving and employment generation, human resource development along with foreign and local investment.