LAHORE: Indus Motor Company (IMC) has appreciated the sincere efforts of Haroon Akhtar, Special Assistant to the Prime Minister on Industries and Production, Saif Anjum, Federal Secretary of the Ministry of Industries and Production, and Hamad Ali Mansoor, CEO of the Engineering Development Board, for the stability of local auto industry.
“I really appreciate their concerted efforts for the growth of local auto industry, especially abolishing the baggage scheme for used car imports,” said Chief Executive IMC Ali Asghar Jamali. He added that this landmark policy decision marks a significant step towards strengthening Pakistan’s local automotive manufacturing sector as by discouraging the influx of used vehicles the initiative is expected to enhance demand for locally assembled cars, support industrial growth, generate employment and effectively reduce idle production capacity within the country’s automotive industry.
It is worth adding here that a 50% shift is expected from Baggage Scheme to CKD market while others may shift to remaining schemes, thus the Used Car market will shift by 21,050 units.
Copyright Business Recorder, 2026
