Pakistan’s automobile industry to launch first locally manufactured cars

Pakistan’s automobile industry to launch first locally manufactured cars

Prime Minister Imran Khan visited the JW Forland factory in Lahore last Saturday and was pleased to announce that the factory will be the pioneers of locally manufactured cars. The Prime Minister was thankful to the company owners Faisal and Javed Afridi for setting up this factory. He believed that the factory will create wealth and increase tax revenue and promote local investments in Pakistan.

Earlier, only the cars were assembled in Pakistan. Now, this new venture promised not only local production but also an increase in government taxes as well. As per the Samaa report,

“The factory was giving around Rs21 billion in taxes but after its expansion, it will be giving Rs30 billion to the government every year. These vehicles can also be exported, and we can get foreign exchange”.

Prime Minister Imran Khan further encouraged the business owners to invest as the new government policies will benefit the government and the people will both benefits.

Researcher and Content Writer at e-Syndicate Network. A constant learner. Learning and growing every day. Salman has over 5 years of experience in the fields of Digital Marketing, Content Writing, Brand and Business Development.