There is good news for Pakistan’s automobile sector as two more automobile companies will soon enter in Pakistan.
BAW and LIFAN will be the new automobile manufacturers in Pakistan. Initially, both manufacturers will introduce Light Commercial Vehicles or LCVs in Pakistan. The new auto policy 2016-21 is convincing global automobile manufacturers to develop and grow their business in Pakistan. However, several companies have already displayed their interest in the automobile sector of Pakistan.
While Hyundai has made its fabulous rebound and other best names like KIA and Datsun are intending to engage local people, 2 Chinese automakers are likewise excitedly intrigued to investigate the potential in Pakistan. Beijing Automobile Works or BAW and LIFAN are starting at now sitting tight for the endorsement to kick-begin activities. Building Development Board (EDB) affirmed this news that the two automakers are good to go to present vehicles in Pakistan.
Beijing Automobile Works will team up with nearby accomplice Cavalier Autos. However, LIFAN is banding together up with Pak China Motors. The document of the organization will affirm by Ministry of Industries and Production (MoIP).