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All about Auto Policy (2021-2026)

Let’s talk all about Auto Policy (2021-2026). Federal Industry and Production Minister, Makhdum Khusro Bakhtyar, held a consultative session with representatives of the Pakistani Automotive Manufacturers Association (PAMA) and the Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) separately.

During the automotive industry stakeholders to discuss the Automotive Industry Development and Export Plan (ASELP) 2021-26, the Minister stated that the government would like to see an increased impression of electric vehicles to improve the environment and reduce the importation of oil. invoice.

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Advisor on Trade, Trade and Investment, Razzak Dawood and Secretary Industries & Production, Sohail Rajput, also participated in the meeting.

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The meeting was intended to review the proposals submitted by the two associations for the development of the automotive industry and the export plan (ASSELP), 2021-26.

The minister indicated that the new policy would focus on the growth and development of the automotive industry, as well as the affordability, quality, availability, and indigenization of the industry.

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The minister emphasized both Pama and Paapam, table suggestions to reduce the price of small cars to bring the cost of affected by the country’s lower middle class.

The two associations rented the government’s efforts to formulate a universally accepted policy by key players.

The organs also commended the current government of support in the difficult times of the pandemic through wage loans, investment loans, and reduce interest rates to protect the industry.

In the end, the Forum decided to hold the advisory sessions until the assistance project is finalized.

Waqas Afzal

Professionally Mechanical Engineer. Love to try new things. Traveler and Foody. If you have any suggestions you are always welcome.

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