Key Takeaways
- Senate Chairman Syed Yousaf Raza Gilani emphasizes the automotive industry's role beyond vehicle production.
- He highlights employment, engineering, technology transfer, and localisation as key contributions.
- Gilani calls for greater policy predictability and engagement among industry, government, and Parliament.
Senate Chairman Syed Yousaf Raza Gilani has underscored the significance of the automotive industry in Pakistan, stating that its contributions extend far beyond the production of vehicles. Addressing the Pakistan International Auto Show Gala Dinner, Gilani highlighted the industry's role in supporting employment, engineering capabilities, technology transfer, and localisation.
Speaking at the event, Gilani noted, 'Here, we see components, machinery and engineering solutions representing years of investment, technical learning and hard work by Pakistani entrepreneurs, engineers, technicians and workers.' He emphasized the precision, consistency, and long-term commitment required in the sector, which he believes deserve recognition.
Gilani acknowledged the challenges faced by the industry, including access to inputs, financing pressures, changing market conditions, and the need for greater policy predictability. He said, 'These concerns merit constructive and sustained engagement among industry, government and Parliament.'
The Senator also pointed out Pakistan's strategic geographical location, which places it at the crossroads of Central Asia, the Gulf, and Africa. He stated, 'An industry that has mastered international standards has every reason to look outward with confidence and shift from relying solely on the domestic market to exploring international opportunities.'
Gilani maintained that the growth of the automotive industry is closely linked with the broader strength of Pakistan's manufacturing economy. He stressed the importance of investing in people, particularly engineers, technicians, and graduates, who contribute significantly to the sector.
He concluded by saying, 'Our engineers, technicians and graduates who choose to build their careers here are the true capital of this sector.'
The remarks by Gilani reflect the industry's importance in the national economy and the need for supportive policies to foster its growth and international competitiveness.
The event, organised by the Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM), brought together key stakeholders to discuss the future of the automotive industry in Pakistan.
Here, we see components, machinery and engineering solutions representing years of investment, technical learning and hard work by Pakistani entrepreneurs, engineers, technicians and workers.
Syed Yousaf Raza Gilani, Senate Chairman
These concerns merit constructive and sustained engagement among industry, government and Parliament.
Syed Yousaf Raza Gilani, Senate Chairman
Our engineers, technicians and graduates who choose to build their careers here are the true capital of this sector.
Syed Yousaf Raza Gilani, Senate Chairman
