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The industry views it as a balanced policy with certain reservations The approval of auto policy 2016-21 by the Economic Coordination Committee (ECC) is aimed at removing uncertainty with regards to future duty structure and investment incentives in the automobile sector of Pakistan. In this regard, the Chief Operating Officer (COO) Indus Motor Company, Mr. Ali Asghar Jamali while reviewing the Auto Policy 2016-2021 approved said that Automotive Development …
Read More »New auto policy to bring huge investment in Pakistan
Finance Minister Muhammad Ishaq Dar has done well in bringing about a consensus prior to presentation and approval of Automotive Industry Development Policy (AIDP) for the next five years. The future will determine whether the new policy will help attract new investment to the automobile and auto-parts industry as the auto assembly is said to be the backbone of engineering industry in a country. The existing auto assemblers want …
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