The Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) has sent out a distress call to Federal Finance Minister Ishaq Dar, requesting the urgent removal of the car assembly kits and auto parts imports from the “non-essential items” list.
In a letter to the finance minister, the association stated that auto parts manufacturers save $1.5 billion per year through import substitution and contribute over 5% of the country’s tax revenues.
PAAPAM Chairman Munir Bana informed the minister that the association members, directly and indirectly, employ over 3 million Pakistani workers, technicians, engineers, and management professionals on various projects. He stated that those workers are now facing layoffs as the sector risks closure.
The association requested that all banks open all LCs for imports by authentic part makers and vendors as the industry is facing permanent closure due to rising inflation, currency devaluation, and record-high markup rates.
PAPAAM’s letter to the finance minister reads:
Unless immediate counter measures are taken to save the “mother of all industries”, a massive tragedy would unfold, as the entire auto parts industry would shut down permanently, leading to losses of millions of jobs, rollback of localisation and repatriation of foreign investments by all the automotive assemblers.
Ameen!!!
Cycles for the win
Agree cities need to have buses only also it will improve air quality
bhai hum khud kyun nhi bnaty apni car and spare parts….
khoty hain sb …..govt bi initiative nhi leti or private sector bi nhi ata is trf.
sb dihari baz hain is mulk me……
We need to learn we are learning schooling why not put 5 % children in this industry .
You right humm khottey hain , jin ko ghaas daal di jaye to ankhen band kar khotto ko vote daal detey hain.
Kya say kya hogaya .
Kahan agaye kuch bhi na raha tabah kar diya corruption nay establishment nay .
what does this mean to Pakistan than
Ik taraf india ha jisny mercedes eq car india mein hi production ki or yahan siyasat phady, khatam nhi hokr derahy bas bahria town banay jarahy is mulk mein
This industry should have shut down decades ago. Still not late.
These leeches and parasites only live off imports and never once bothered to develop quality products locally to improve technical grasp of the local populace.
Pak Suzuki started local manufacturing in 1984. In the 39 years since, the local car industry miserably failed to manufacture one single car model that can be called 100% Pakistani. Given this pathetic performance; this industry does not deserve to continue. They should be given one last chance to come up with a 100% local model in the next 3 years or pack up and go back from where they came.
Ban on cars asap, only public buses
That would a gr8 service to the ppl of Pak
🙂🙂🙂😆
Let the Close
These Auto parts Manufacturer So Called themselves the
Our Autoparts Industry cannot flourish. In Pakistan there is Lack of High tech Manufacturers there is no J/V for any kind of Engine parts.
All the major Parts are Imported eg below
Engine parts
Suspension parts
Brake Parts
Clutch Parts
Rubber Parts (Timmimg Belts /Fan Belts/ Oil seal etc, Etc
Electric parts
Door handle/ Regulator Machines Etc
What parts are made by our industry??
Just some body parts . Some stamp press parts ?
Some cable. Some handle . Lamps.( for few models ) bumper for few models
Making tyre of 3rd-4th quality.
Poor quality Body parts
Poor quality rubber parts
The Industry is making fool to Pakistani Government and the People of Pakistan by Manufacturing Poor quality Cars in Pakistan
Shameful to All of them
Just compare your self with your neighbor country how they managed and how they made growth in the Auto Industry .
Our Auto Industry is Handicapped and only depending on the Imported Parts
I just see the Poor quality they making and the price they charging ???
Car are sold on Black ?? Why ..
There is no Check and Balance by Pakistan Government
They are Mafia They Must be strictly checked
All the car manufacturers must be pressed to bring there Vendors J/V in Pakistan
The parts must br produced in Pakistan with J/V
Government should open the Import of Used car upto 5 year and reduce duty also
So that good quality and at affordable prices the cars can be available for the end user.
This is my Hummble Request to Our Finance Minister Sb to take this matter seriously with all these So called Auto manufacturers
I know my above statement is full of Bitterness and very hard to digest but This is true and 100% ground Reality
I will be so happy agar aisa ho jayee and we get rid of these substandard mafias
الخالد ٹینک ۔کے ساتھ بہت ضروری ھے ۔ریاست اٹو انڈسٹری کو توجہ دے ۔جس ملک میں صرف ریل سٹیٹ کا کاروبار ھو ۔وہ دیوالیہ ھوتے ھیں ۔
انڈیا اپ کو کچھ نہں کہتا ۔خدا راہ یہ ڈرامہ بند کریں ۔صرف ٹاٹا انڈیا چاہیے ۔تو پورا پاکستان خرید سکتی ھے ۔
Iss industry ka permanent closure he thik hay some owners gift danay tu ja saktay han hukmarano ko per local kuch nai banatay
Hurrah….👍👌👌👌
It’s high time to revisit the car industry regulation.
اچھی بات ہے بند کر دو پاکستانیوں کو ٹین پیپا بیچ کر بہت لوٹا ہے