The committee members have shares their views for improvement in plant, which was established in 1989 after visiting the plant, The Managing Director, IMC briefed the committee about the historical background of the company.
He appraised the committee about the different specifications of cars launched by Indus Motors Company (IMC) time to time in Pakistan, including some imported vehicles and upcoming versions of new cars.
The Managing Director, responded the questions raised by the Members regarding quality of products as compared to imported vehicles, the committee expressed its satisfaction in this regard.
However, Members have shown their concerns about the increase of cars price in the country. Additional Secretary, Ministry of Industries informed that taxation matters were taken up earlier with Ministry of Finance and Revenue but they didn't respond properly in last financial year. The committee decided that an exclusive meeting may be convened with FBR, and Ministry of Finance to resolve the problems of ACD, FED, shortly.-PR