KARACHI: Indus Motor Company (IMC) board on Monday appr­oved an extra Rs1 billion investment to boost local parts production, reduce dollar outflow and create jobs.

In a stock filing, IMC said that a Rs4.1bn investment to localise parts and components is underway and is expected to be completed by the end of 2026.

IMC said the additional Rs1bn investment would be completed by the end of 2027.

Published in Dawn, April 28th, 2026