KARACHI: In a first, Indus Motor Company (IMC) announced its pioneering export initiative at a ceremony held at the company’s manufacturing facility at Port Qasim Authority, Karachi.

Gracing the occasion were the Federal Minister for Industries and Production, Rana Tanveer Hussain; CEO EDB, Engineer Khuda Buksh, representation from the SIFC, several honorable government officials and Toyota’s top leadership, including Executive Vice President, Toyota Motor Asia, Kazunari Iguchi.

The milestone celebrates IMC’s strategic plans to begin exporting vehicles and parts, marking a significant contribution to Pakistan’s economy and the global automotive market.

The company’s export line-up includes the Toyota Fortuner, Hilux and Corolla Cross models to Oceanian countries. This initiative reflects IMC’s commitment to advancing Pakistan’s automotive industry on the global stage.

Rana Tanveer, Federal Minister for Industries and Production, emphasized, “We are proud to see Indus Motor, one of Pakistan’s renowned companies, contributing towards exports. The government AIDEP 21-26 policy aims to boost the automotive sector by encouraging the export of localized parts and vehicles. IMC’s proactive approach in leading from the front sets a benchmark for others in the industry. We are committed to supporting the auto industry in every possible way.”

Copyright Business Recorder, 2024