Indus Motor Company has increased its investment in localizing auto parts to Rs. 5.1 billion after approving an additional Rs. 1 billion, as part of its strategy to reduce reliance on imports and strengthen local manufacturing.
According to disclosure submitted to PSX, the company said its board approved the new investment on April 24, adding to the previously announced Rs. 4.1 billion plan aimed at localizing parts and components for existing vehicle models.
The localization project is currently underway and is expected to be completed by the end of 2026, according to the company’s disclosure to the Pakistan Stock Exchange.
The initiative is part of a broader strategy to gradually increase the share of locally produced components in vehicles assembled in Pakistan.
By expanding localization, the company aims to reduce the outflow of foreign exchange, support the domestic auto parts industry, and create employment opportunities.
The move also aligns with wider industry efforts to strengthen Pakistan’s automotive manufacturing base and reduce exposure to currency fluctuations and import costs. The company said the investment will help improve supply chain resilience while supporting long term growth of the local automotive sector.
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