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Gilani says automotive industry contributes beyond vehicle production

LAHORE: Senate Chairman Syed Yousaf Raza Gilani has said that a strong automotive industry contributes far beyond vehicle production, as it supports employment, engineering capabilities, technology transfer, localisation and a wider network of domestic suppliers. Addressing the Pakistan International Auto Show Gala Dinner organised by the Pakistan Association of Automotive Parts and Accessories…

Gilani says automotive industry contributes beyond vehicle production

Senate Chairman Syed Yousaf Raza Gilani highlighted the multifaceted contributions of the automotive industry during the Pakistan International Auto Show Gala Dinner. He emphasized that the sector's impact goes far beyond vehicle production, encompassing employment generation, engineering expertise, technology transfer, local supplier networks, and a broader range of domestic suppliers.

Addressing the audience at the gala dinner, Gilani praised the dedication and hard work of Pakistani entrepreneurs, engineers, technicians, and workers who have invested years of effort into developing components, machinery, and engineering solutions. He emphasized that the industry requires precision, consistency, and long-term commitment, qualities that deserve recognition.

Gilani acknowledged that the automotive sector continues to face several challenges, including difficulties in accessing inputs, financing pressures, shifting market conditions, and the need for enhanced policy predictability. He called for constructive and sustained engagement among industry stakeholders, government representatives, and Parliament to address these issues and foster growth.

He further pointed out the industry's intrinsic connection with the overall strength of Pakistan's manufacturing economy. Gilani noted that the country's strategic geographical location, situated at the crossroads of Central Asia, the Gulf, and Africa, presents both challenges and opportunities. He stated that a well-established automotive industry with international standards has the potential to confidently explore global markets and move beyond relying solely on the domestic market.

Gilani underscored the importance of investing in human capital as a critical factor for the success of the automotive sector. He highlighted that engineers, technicians, and graduates who choose to build their careers in the industry are the true assets and driving force behind its progress.

Written by urgent.news from Business Recorder's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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