Coordinator to the Prime Minister for Commerce and Industries Rana Ihsan Afzal Khan on Monday underscored the need for competitive localization, technological advancement and a faster transition towards electric mobility to secure the future of Pakistan\u2019s automotive industry.
\nHe expressed these views while addressing automotive industry leaders, government stakeholders and representatives of academia as chief guest at the PAAPAM Symposium, held on the second day of the Pakistan International Auto Show 2026 at the Lahore International Expo Centre.
\nOrganized by the Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM), the symposium was held under the theme, \u201cCompetitiveness, Localization and Electric Mobility,\u201d said a news release.
\nRana Ihsan said localization must go beyond domestic production and be strategically aligned with global competitiveness, affordability, quality and reliability. He stressed that consumers must be provided with greater choice and confidence through a competitive and technologically advanced automotive ecosystem.
\nHighlighting the sector\u2019s substantial economic footprint, the Coordinator said every vehicle produced in Pakistan supports an extensive value chain comprising manufacturers, vendors, engineers, technicians and workers. The automotive sector, he noted, contributes nearly four per cent to the national GDP and provides employment to millions of Pakistanis.
\nHe reaffirmed the government\u2019s resolve to work closely with industry stakeholders in developing policies that are inclusive, future-oriented, consistent and fair.
\nCommending the automotive industry for its resilience and continued growth despite challenging economic conditions, Rana Ihsan Afzal Khan said the time had come for the sector to prepare decisively for emerging technologies, particularly electric vehicles.
\n\u201cThe future of Pakistan\u2019s automotive industry lies in competitive localization, innovation and electric mobility. The Government remains committed to creating an enabling environment in which industry can grow, invest and compete internationally,\u201d he said.
\nThe coordinator\u2019s participation in the PAAPAM Symposium reaffirmed the government\u2019s commitment to sustained engagement with stakeholders and to building a competitive, innovative and future-ready automotive industry in Pakistan.
\nThe coordinator also visited the stalls of local and international exhibitors and held discussions with industry representatives. He toured PAAPAM\u2019s pavilions and the stalls of leading automobile companies, including emerging electric vehicle manufacturers.
\nHe appreciated the exhibitors and manufacturers for their vital contribution to the growth, innovation and development of Pakistan\u2019s automotive industry.<\/p>\n","protected":false},"excerpt":{"rendered":"
Coordinator to the Prime Minister for Commerce and Industries Rana Ihsan Afzal Khan on Monday underscored the need for competitive localization, technological advancement and a faster transition towards electric mobility to secure the future of Pakistan\u2019s automotive industry. He expressed these views while addressing automotive industry leaders, government stakeholders and representatives of academia as chief […]<\/p>\n","protected":false},"author":2,"featured_media":550707,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-568312","post","type-post","status-publish","format-standard","has-post-thumbnail","category-national"],"yoast_head":"\n