Indus Motor Company Limited announced the closure of its plant for eight days. The company notified the Pakistan Stock Exchange that the production plant will be shut from July 15 to July 22.
This decision comes due to low stock levels of finished vehicles and a shortage of parts needed for manufacturing. The supply chain challenges have significantly impacted the availability of these components. Indus Motor Company emphasized that any updates or changes to this closure plan will be communicated promptly.
As the sole distributor of Toyota and Daihatsu vehicles in Pakistan, Indus Motor Company holds a significant position in the market. They have the license to assemble, manufacture, and market these vehicles in the country.
This temporary shutdown reflects the broader issues faced by the automotive industry in Pakistan. With the supply chain disruptions, companies are finding it increasingly difficult to maintain production schedules. The impact on vehicle availability might affect market dynamics in the coming weeks.
