Automobiles industry not to oppose completely knocked down vehicles import from India

Karachi: Local automobiles industry would not oppose the import of CKDs (completely knocked down) vehicles from India, said Director Marketing Indus Motors Ltd (IML), Ali Asghar Jamali.

Talking to the media in a briefing held on the occasion of Toyota Dream Car Contest held simultaneously at Toyota Central Motors (TCM) and Toyota Society Motors (TOSCM) on Sunday, Jamali said that local automobiles industry has already conveyed its views on awarding MFN status to India and CBUs (completely built up) units should not be allowed.

“We are ready to compete with Indian automobiles sector as we believe that Pakistani assembled cars are no less than of Indian standard and can easily compete with them”, Jamali said.

The government has assured auto parts manufacturers that the domestic industry will be protected and a negative list will be maintained in trade with India despite recent moves to further open up commerce between the two countries”, Jamali added.

“The automobile industry is satisfied with the assurance given by Secretary Commerce Zafar Mahmood and as long as local vendor industry does not get hurt we do not oppose trade liberalization with India”, he informed.

The negative list contains items on which the government imposes import duties to protect the local industry.

The auto industry has welcomed trade liberalization with India but it has some reservations about import of certain finished products which are also produced in Pakistan. They say if Pakistan imports the finished products, the growth of local industry will come to a halt.

Briefing about the contest, the CEO of TCM, Salim Godil said that the nationwide painting contest is being held to finally select a winner who would be sent to Japan. He said that it is sixth annual contest and the participation of the schools is overwhelming. He said that this contest is pulling schools children towards healthy competition and creative work which will improve our young generation’s IQ level.

He said that the jury of the contest comprised Temur Ahmed Soori of Indus Valley, Qazi Fazl-e-Ali, Syed Akhtar Hasnain and Hina Temur. Chief Judge Temur Soori said on this occasion that Toyota Dream Car contest is creating awareness among the young generation and it would divert their attention from unhealthy activities and they would focus towards creative works.

CEO Toyota Society Motors, Rafiq Godil pointed out that organizers have included category of special children this time in order to also encourage special children.

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