Business
Industry urged to export Made-in-Pakistan vehicles | The Express Tribune
KARACHI:
Engineering Development Board (EDB) Chief Executive Officer Hamad Ali Mansoor has said that local auto manufacturers should focus on exporting ‘Made-in-Pakistan’ vehicles since Pakistan’s auto market is far better than the markets of Bangladesh, Ethiopia and Sri Lanka.
“I ask automakers and auto parts manufacturers to work on future development and try to get export orders from global market,” he said at the inauguration of the Pakistan Auto Show 2025 at the Karachi Expo Centre on Friday.
FPCCI Senior Vice President Saquib Fayyaz Magoon said that the local automotive industry had improved much this year with the adoption of ‘Made-in-Pakistan’ formula. “I hope this formula will be implemented in the entire auto industry since it has a key role in national development, employment and tax collection,” he said.
He emphasised that new technology would help expand the auto industry, adding that there was a need to have a long-lasting industrial policy, which would strengthen the areas of manufacturing and engineering.
Earlier in his welcome speech, Pakistan Association of Automotive Parts and Accessories Manufacturers (Paapam) Senior Vice Chairman Shehryar Qadir said that they had hosted over 172 exhibitors including leading original equipment manufacturers (OEMs) from Pakistan’s automotive sector along with vibrant parts manufacturers, who formed an integral part of the supply chain.
“We especially welcome our international partners from China, Korea, Singapore and Iran, whose presence enriches this event and strengthens our global ties,” he said.