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Industry seeks govt support for economic growth


Daily Times
May 21, 2021
The government needs to support industries like cement and auto that are recovering from last year’s lows as the covid-19 is playing havoc.
These industries along with textile can help revive the economy. It is worth mentioning here that the cement sector was badly hit last year amid lockdowns due to covid-19, posting losses of billions of rupees. However, the industry has posted growth of 19.03 percent as the dispatches increased to 48.274 million tonnes in the first 10 months of this fiscal as compared to 40.555 million tonnes during the same period last year. All these dispatches are already the highest ever for a year, with two months still remaining in the financial year. Auto industry is also showing a massive turnaround as during the first 3 quarters of this financial year. According to Pakistan Automotive Manufacturers Association (PAMA), the industry has sold 112,244 passenger cars as compared to 85,330 in the same period of last yea ....

Pakistan Automotive Manufacturers Association , பாக்கிஸ்தான் தானியங்கி உற்பத்தியாளர்கள் சங்கம் ,

Next auto policy to focus on promoting electronic vehicles


Daily Times
May 20, 2021
ISLAMABAD: Federal Minister for Industries and Production Makhdum Khusro Bakhtyar held consultative sessions with representatives of the Pakistan Automotive Manufacturers Association (PAMA) and Pakistan Association of Auto Parts and Accessories Manufacturers (PAAPAM) separately.
Advisor on Commerce, Trade & Investment, Razzak Dawood and Secretary Industries and Production Sohail Rajput also joined the meeting. The meeting aimed to discuss the proposals submitted by both associations for Auto Industry Development & Export Plan (AIDEP), 2021-26.
The minister indicated that the new policy would focus on further growth and development of the automotive industry together with affordability, quality, availability, and indigenisation of the industry. He further highlighted that the government would like to see an increased footprint of electric vehicles to improve the environment and to reduce oil import bills. The minister emphasised to both asso ....

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