Service Long March Tyres (Private) Limited has announced an additional investment of $120 million in Pakistan as it moves to expand production and raise exports beyond $100 million in the next financial year.
The company said it expects exports to rise from $70 million by June 2026 to more than $100 million in the following fiscal year, a move that could place it among Pakistan’s leading non-textile exporters within a short period of operations.
The announcement came during a meeting with Jam Kamal Khan, attended by company chairman Jin Yongsheng and senior officials including Federal Secretary Commerce Jawad Paul. During the meeting, the delegation highlighted Pakistan’s growing footprint in global tyre markets.
According to the company, Pakistan has now become the fifth largest tyre exporter to the United States and the seventh largest to Brazil, marking a sharp rise from almost no presence in these markets just a few years ago. Industry officials attributed the growth to technology transfer and collaboration with Chinese partners that helped local production meet international standards.
The company’s Nooriabad manufacturing facility was cited as a modern industrial unit employing around 2,000 workers. The plant also uses renewable energy solutions, positioning it as one of the more sustainable production facilities in the region.
The commerce minister said the government remains committed to supporting sectors with strong export potential and stressed the need for a balanced tariff policy that supports local manufacturing while keeping Pakistani products competitive in global markets.
