Indus Motor Announces Additional Rs1 Billion Investment for Localization -

AUTO SECTOR

Indus Motor Company has announced an additional investment of Rs1 billion to further enhance localization of parts and components for its vehicles, taking the company’s total investment under the localization project to Rs5.1 billion.

According to a material information notice submitted to the Pakistan Stock Exchange, the company’s Board of Directors approved the fresh investment in its meeting held on April 24, 2026. The move follows an earlier Rs4.1 billion investment announced in August 2024, which is currently underway and expected to be completed by the end of calendar year 2026.

The company said the additional investment forms part of its broader strategy to progressively increase localization in locally manufactured vehicles, reduce dependence on imported components and support domestic industrial development.

Indus Motor stated the funds will be utilized for expenditures on plant and machinery, molds, dies, equipment and other associated costs related to the local manufacturing of automotive parts and components. The newly announced investment is expected to be completed by the end of calendar year 2027.

The company said the localization drive aims to help reduce the outflow of foreign exchange, promote Pakistan’s automotive vendor industry, generate employment opportunities and contribute to the national economy.

The announcement is being seen as a positive development for Pakistan’s engineering and auto parts manufacturing sector, reflecting continued efforts by the company to strengthen local value addition and support industrial growth. – ER News Desk

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