Airlift Ventures into Grocery Delivery with $10m Seed Investment
Venturing into Grocery Delivery, ride-hailing bus service Airlift has raised another $10 million in seed financing, taking its total investment to $24.1m
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Can Renault Kwid Become a Success in Pakistan?
Pakistan’s automobile market is starved for low budget quality hatchbacks. The small car market is largely dominated by Suzuki which is notorious in offering obsolete …
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Newcomers Not Happy With Pak Suzuki Seeking Greenfield Incentives
Chinese, Korean and French car makers have strongly opposed the move by Pak Suzuki seeking same benefits/incentives that are marked for new players under the …
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Major Investments in the Automobile Sector of Pakistan
Pakistan’s auto sector have witnessed a rapid progress ever since the new Automotive Development Policy 2016-21 was announced. The policy was formulated to attract foreign …
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Companies Suffering Heavy Losses at Bin Qasim Industrial Park
Companies are facing heavy losses in the Bin Qasim Industrial Park (BQIP) Special Economic Zone (SEZ), due to unavailability of utilities. Five companies, including three …
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Topsun Motors and Pak-China Motors Awarded Greenfield Status
The Ministry of Industries and Production (MoIP) has awarded Greenfield status to 2 more companies namely Topsun Motors and Pak-China Motors. Under the Automotive Development …
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Toyota to Invest $1 Billion in Grab Ride Hailing
Automakers are taking steps toward a future where mobility services will make individual car-ownership less necessary, while trying to fend off technology giants targeting the …
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The Investment in Pakistan Auto Industry Risen to Rs 370 Billion
The demand for automobiles in Pakistan is rising annually as personal incomes in the country stay high. Foreign and domestic investment in Pakistan’s auto industry …
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Auto Assemblers Shifting Investments from Sindh to Punjab
Investors at the Bin Qasim Industrial Park (BQIP) and Korangi Creek Industrial Park (KCIP) allege that bureaucratic hurdles of National Investment Park (NIP) are delaying …
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Japan Plans to Diversify Auto Sector in Pakistan
Japanese government planned to help Pakistan improve exports and build up the country’s automobile industry, a foreign envoy said on Thursday. “The Japanese government has …
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