KARACHI: Local auto vendors are willing to start development of parts for tanks and aircraft manufacturing.

Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) Chairman Mashood Ali Khan in a recent meeting with senior officials of Heavy Industries Taxila (HIT) informed them that many of their member companies are matured to work for the aerospace sector and expected to play their role in aircraft manufacturing and maintenance.

PAAPAM members also met Chairman Pakistan Aerospace Complex Air Marshal Arshad Malik at an event held to commemorate the launch of Pakistan Aerospace Council (pac) as a platform for networking between Pakistani high-tech sector and its clients in Pakistan as well as the global market place.

Mr Malik gave an overview of the excellent order book and work load of PAC Kamra and its ability to localiSe aircraft assemblies required in military and trainer planes produced at Kamra.

He said Kamra valued specialist companies from the automotive sector who could take a step further into aerospace component manufacturing.

Imtiaz Rastgar, member PAC board, stressed on the need for cluster formation in the aerospace and high-tech sector and how this could lead to meeting local needs while the global market offers immense possibilities for similar parts.

He said there are over 2,000 aeronautics, defence and space related companies in Europe, employing 750,000 people with turnover of 190 billion euros. These companies import large quantities of parts and Pakistani high-tech sector companies mentored through the CBI Export Coaching Programme are already making respectable exports to Europe.

Published in Dawn, November 30th, 2016

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Hasty transition
Updated 05 May, 2024

Hasty transition

Ostensibly, the aim is to exert greater control over social media and to gain more power to crack down on activists, dissidents and journalists.
One small step…
05 May, 2024

One small step…

THERE is some good news for the nation from the heavens above. On Friday, Pakistan managed to dispatch a lunar...
Not out of the woods
05 May, 2024

Not out of the woods

PAKISTAN’S economic vitals might be showing some signs of improvement, but the country is not yet out of danger....
Rigging claims
Updated 04 May, 2024

Rigging claims

The PTI’s allegations are not new; most elections in Pakistan have been controversial, and it is almost a given that results will be challenged by the losing side.
Gaza’s wasteland
04 May, 2024

Gaza’s wasteland

SINCE the start of hostilities on Oct 7, Israel has put in ceaseless efforts to depopulate Gaza, and make the Strip...
Housing scams
04 May, 2024

Housing scams

THE story of illegal housing schemes in Punjab is the story of greed, corruption and plunder. Major players in these...