Auto Parts Makers Look to Enhance Share in the Growing Market

Auto part manufacturers are looking to enhance their share in the growing auto market of Pakistan.

According to the statistics provided by PAAPAM current size of the auto industry stands at around 370 billion. Of this, the investment of domestic vendors is around RS 20 billion who are providing spare parts and accessories for different automobile manufacturers.

These vendors have not been benefited directly by the new auto policy 2016-2021. But, the existing and upcoming companies will have to rely on them to remain competitive in the upcoming years.