Toyota Flags Policy Instability as Auto Sector Growth Stalls, Capacity Utilization Drops Pakistan’s automotive sector continues to face structural challenges, including policy inconsistency, low capacity utilization, and rising reliance on used car imports, even as it retains significant growth potential within the regional market. These issues were discussed during a recent industry engagement hosted by Indus Motor Company, where company leadership shared insights on market trends and policy direction with a group of media representatives. During the session, Chief Executive Officer of Indus Motor Company, Mr. Ali Asghar Jamali, presented insights into Pakistan’s automotive performance relative to regional peers. Pakistan remains one of only 16 countries worldwide capable of manufacturing passenger cars, light commercial vehicles, trucks, and buses. Seven of the top ten global automotive brands now operate in Pakistan, positioning it as a potential investment destination for original equipment manufacturers. Highlighting 10-year market trends across Asia, Mr. Jamali compared Pakistan with India, the Philippines, and Vietnam. While India’s automotive market grew by 60% over the past decade, and the Philippines and Vietnam recorded growth of 71% and 180% respectively, Pakistan’s growth remained at 15%, reflecting the impact of inconsistent policies, excessive used car imports and frequent regulatory changes.
Published: April 15, 2026 5:03 pm
Source: ProPakistani — Read original