Delegation visits IMC plant

KARACHI - A delegation of the National Assembly Standing Committee on Industries and Production visited Indus Motor Co (IMC) under the chairmanship of Ghous Bux Khan Mahar. The management of IMC briefed the Committee about the process of manufacturing automobiles and highlighted the issues of the automobile industry. Pakistans Automobile Industry has developed substantially in recent years and though last year has been particularly challenging I anticipate continued growth in the future, Ghous Bux Khan Mahar said during the Committees visit. Ghous Bux Khan Mahar congratulated IMC on achieving the milestone of 20 years of incorporation. During the meeting IMC presented the reasons for vehicle price escalation which was primarily due to the depreciation of Pakistan rupee against the Yen and Dollar.

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