Committee formed for auto sector

Published
0

ISLAMABAD: Com­merce Minister Jam Kamal has constituted a dedicated committee to address critical challenges facing the auto sector, following a high-level meeting with industry representatives.

According to an official statement, the committee will comprise officials from the Ministry of Commerce, the Federal Board of Revenue (FBR), and the Ministry of Industries and Production.

The minister stressed the importance of protecting the domestic auto industry from the influx of used vehicle imports, which, he noted, weakens local manufacturing. He said the government is formulating a comprehensive strategy to support sectoral growth and expand auto exports.

“We have successfully begun exporting tractors and motorcycles — now it’s time to add cars to the list,” Mr Kamal said, indicating a new phase of industrial development. He also invited auto manufacturers to contribute to the upcoming national industrial policy actively.

Highlighting emerging trends, the minister observed that healthy competition in Pakistan’s auto market could foster innovation and expand consumer choice. He announced that tariffs on the auto sector would be gradually reduced over the next five years to improve industry competitiveness.

Published in Dawn, August 15th, 2025

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

Opinion

Editorial

Yemen offensive
Updated 04 Oct, 2026

Yemen offensive

The best option, therefore, is for Muslim and Arab states to help restore the Saudi-Houthi ceasefire.
Growth transition
04 Oct, 2026

Growth transition

PRIME Minister Shehbaz Sharif’s recent call to move from stabilisation to growth, job creation and export ...
Protection at risk
04 Oct, 2026

Protection at risk

THE recent warning from UNHCR should alarm donor governments. Nearly 8.3m refugees and other forcibly displaced...
Talks, at last
Updated 03 Oct, 2026

Talks, at last

The government’s constant threats to suspend KP’s elected dispensation over a political protest have escalated hostilities considerably. In that context, both sides did well to start talking.
IWT’s future
Updated 03 Oct, 2026

IWT’s future

TOGETHER with the Kashmir dispute, India’s unilateral suspension of the Indus Waters Treaty has become the biggest...
Pained minds
03 Oct, 2026

Pained minds

IN Pakistan, mental healthcare is wedged between two extremes — a luxury or a stigma. Estimates cited by the...