Motorcycle industry should concentrate on increasing motorcycle export by penetrating in African, South African, Bangladeshi and Nepalese markets. Engineering Development Board (EDB) Chief Executive Officer Imtiaz Rastgar stated this while addressing senior officers of leading motorcycle-manufacturing company at their Sheikupura plant on Wednesday.
He also briefed them about restructuring of EDB, its performance and future plans. A briefing about activities of the group especially motorcycles manufacturing was also given to him.
He was told that the company had introduced the concept of 5S in which sale, spare parts, service, re-sale, financing and leasing services were provided under one roof through the network of the dealers. The company was in export business for the last seven years but the number was nominal, he was informed.
Imtiaz appreciated its vendor improvement programme (VIP), in which services of more than 300 vendors were evaluated and technical services provided to remove weaknesses. He also expressed satisfaction on achieving 92-percent deletion by the company.
Rastgar was informed that the company's CEO was currently in Japan to study the possibility of using world-wide network of the main company for providing services to the African countries. He was also informed that motorcycle industry had the capacity of manufacturing 1.5 million units annually, out of which its share was 700,000. Only 50 percent capacity of the industry was being used currently.