Pakistan cabinet directs inquiry into auto companies

Pakistan's Fed­eral Cabinet has directed the Ministry of Industries to inquire into the production capacity of existing car makers, alleging that they have failed to increase their output as per the market dem­and resulting in overcharging and increase in prices of locally-assembled cars

Jan 01, 2021
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Pakistan's Fed­eral Cabinet has directed the Ministry of Industries to inquire into the production capacity of existing car makers, alleging that they have failed to increase their output as per the market dem­and resulting in overcharging and increase in prices of locally-assembled cars.

The minutes of the meeting held on Tuesday (Dec 29) stated that the “the cabinet directed the Minister of Industries and Production to look into the reasons as to why the foreign automobile manufacturers in Pakistan defaulted on indigenisation of motor vehicle manufacturing through deletion programme and make a presentation to the cabinet.”

Meanwhile, sources said that Prime Minister Imran Khan asked Industries Minister Hammad Azhar to look into why the three main auto companies that have been doing their business in the country for up to four decades were failing to localise manufacturing of spare parts and they were still importing majority of parts.

https://www.dawn.com/news/1599007/cabinet-directs-inquiry-into-auto-companies
 

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