200 intl., local manufacturers participate in event
Pakistan Auto Show 2018 held in Lahore from 2nd to 4th of March 2018 attracted large crowds which equip themselves with valuable information and knowledge.
Organizes, the Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) said more than 200 international & local Auto-manufacturers and related enterprises participated in the event. The PSDC seminars and workshops during the Auto Show were a great attraction for industry professionals, said Syed Nabeel Hashmi, the chief organizer of the show.
The session included: “Toyota Production System, Integrated System of Management, Lean 5S, Global Best Practices in the automotive Industry of Pakistan, Challenges faced by road transport, their impact on efficiencies on different entities, Quality of Air for Automotive Paint Shop, Electric vehicles- future electro mobility: challenges & prospects, Test Rigs & Automated Inspection, Road safety aims at vehicles safety.
PAAPAM Chairman Iftikhar Ahmad said PAAPAM has successfully grown to 319 registered members since its inception in 1999. The estimated number of parts-manufacturers in Pakistan includes: 770 units in Tier One, 900 units in Tier Two and 1400 units in Tier Three. This industry comprises of 500,000 skilled workers as direct employees and 2.4 million indirect employees (Total 2.9 million). With an investments volume of Rs370 billion, this industry contributes revenue of Rs110 billion per annum to the national exchequer. It has achieved an import substitution worth $3.3 billion per annum and an exports volume of $210 million per annum.
The SVC of PAAPAM Ashraf Sheikh said, “As the demand for automobiles is expected to rise continuously over the next 3-5 years, the big challenge for Pakistan is to nurture local assemblers & vendors and rapidly generate investments in capacity building to meet the sharply rising demand”.
The base of engineering technologies in this industry is spread across; Sheet Metal Parts, Plastic Injection and Blow Molding, Rubber Components, Steel Forging & machining, Foundry / Castings, Aluminum Die Casting & machining and Electrical & Electronics, so we need to work on multiple fronts to achieve our growth objectives, while consistently maintaining the quality of our products”. Mohammed Saleem, the former chairman says.
