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KARACHI, May 19: Indus Motor Company (IMC) will invest Rs500 million in its manufacturing facility to exceed its total investment to Rs3.2 billion from Rs2.7 billion, says the company’s press release. The company is working on capacity enhancement programme to boost its annual production capacity to 192 vehicles per day by April 2006, generating production of around 50,000 units a year. The company had enhanced its capacity from 57 vehicles per day in March 2002 to the current 144 units a day. The new investment plan will further enhance technology transfer and offer more employment and training opportunities to the local workforce.
