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Today's Paper | December 23, 2024

Updated 13 Aug, 2024 12:14pm

Sindh renews support to boost hybrid electric vehicles’ production

KARACHI: Chief Minister Syed Murad Ali Shah reaffirmed the Sindh government’s commitment to supporting the automotive industry through favourable policies and promoting small and medium vendor industries to increase localisation and reduce import dependency.

During his visit to Indus Motor Company’s (IMC) manufacturing facility at Port Qasim Authority, he said the provincial government was making all-out efforts to foster the large-scale production of hybrid electric vehicles (HEVs). “These efforts will generate more direct and indirect employment opportunities within the province,” he hoped.

The chief minister toured the IMC’s state-of-the-art facility and received a comprehensive briefing on the latest production processes, including the globally renowned Toyota Production System.

Mr Shah was also briefed on IMC’s recent export achievements, including the successful export of raw materials to Egypt, marking the company’s integration into Toyota’s Global Supply Chain.

Additionally, IMC has commenced exporting vehicles, including the Toyota Fortuner, Hilux, and Corolla Cross models, to Oceanian countries. These milestones highlight IMC’s commitment to advancing Pakistan’s automotive industry on the global stage.

IMC Chief Executive Ali Asghar Jamali emphasised the importance of stable policies for sustaining growth in the automotive sector. “It’s an honour to have Chief Minister Murad Ali Shah visit our plant, which is a morale boost for the entire team.”

Published in Dawn, August 13th, 2024

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