KARACHI – Chief Minister of Sindh Syed Murad Ali Shah has praised the initiative of local production of hybrid electric vehicles (HEVs) in Pakistan.
During a visit to the Indus Motor Company’s manufacturing facility at Port Qasim Authority on Monday, he reiterated the Sindh government’s commitment to continue fostering large-scale industrial growth in the province.
The CM was briefed on IMC’s recent export initiatives. Last year, the company has successfully begun exporting raw materials to Egypt, marking a significant milestone in becoming a part of Toyota’s Global Supply Chain. Additionally, IMC has recently commenced the export of Toyota vehicles to Oceanian countries; the export line-up includes the Toyota Fortuner, Hilux and Corolla Cross models.
“IMC has set a benchmark in the automotive industry with its dedication to innovation and sustainability. The heavy financial investment in the impressive, state-of-the-art Plant and human capital speaks volumes of the company’s focus on the quality and safety of its products. The provincial government is keen to continue supporting such initiatives that not only drive economic growth but also promote environmental responsibility not only in Sindh but across the country. We will continue to work closely with stakeholders from the local auto industry to ensure a conducive environment”, the CM said.
Ali Asghar Jamali, CEO, of IMC, emphasized the need for stable policies to sustain growth in the automotive sector.
“CM’s presence reaffirms the government’s support for industrial growth. This exchange of knowledge and expertise not only benefits the individuals but also positions Pakistan as a hub of skilled labour in the global automotive industry.”
He further shared, “For continued success, we request the government’s support in maintaining consistent long-term policies that promote investment and development in the automotive industry, along with curbing the illegally imported used cars, which have been brought heavily into the country in FY23-24.”
