Pakistan's Automobile Industry: Stuck in the Past, Ignoring the Future I PIDE Conference

Pakistan's automobile industry still remains an infant industry despite over half a century of it's existence.
Continuous localization efforts have halted the growth of industry in Pakistan and dissociated it from the global value chain as well.
Cars in Pakistan are low quality, high priced and lack features compared to vehicles available globally. Furthermore, the vehicles introduced in Pakistan are mostly a generation behind the equivalent cars available elsewhere.
High duties to protect local firms against foreign competition has not allowed the market to develop. Localisation and protectionism has killed consumer welfare and coupled with the booking system allowed the emergence of a black market premium called ON Money in Pakistan automobile industry.
Pakistan must kill off protection for car industry and push firms to compete and export. Without becoming part of global value chain, the automobile industry will continue to remain an infant that refuses to grow.
#Pakistan #AutoIndustry #Automobile #Carindustry #Cars #Investment #EVs #ElectricVehicles #HybridCars #Politics #Subsidies #carprices #automarket #autparts #carsinPakistan
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[@Dr.ArbazRahmann]

Mashallah very informative and logical discussion - thanks to PIdE for bringing such good productive discussions.

[@thomashunter5645]

Pakistan has an automobile industry? Name a Pakistani car.

[@masterstroke7163]

It looks like a Kitty Party being held in the name of a conference on Automobile sector.😂😂😂😂😂😂😂😂 And these jokers want to compete in the international market.😂😂😂😂😂😂😂

[@PR-pu7pv]

We Indian watching just as entertainment and seeing the mindset..

[@nehabalapure5365]

India produced 5.8 more cars in 2023 and is ranked fourth in the world

[@subrato68]

Truck drivers discussing industry economics

[@bestofsatish]

you can give protectionism from outside but it must be extremely competitive inside. that requires reforms to encourage more competition and not protect existing players. Encourage new local players and keep prices benchmarking to global prices and make local companies to produce at the global prices. only then you can become competitive. Even india is not upto the mark but india has made some strides

[@DebadritoDutta]

India severely lost the export market of automobiles, now it ranks 21 , even Thiland ranks 15

[@nishomzawan5196]

Disagree from the speakers on the Bikes manufacturing here, if we are making bikes which are now 90% localized here, how's a Honda Cg-125 selling for 235000, essentially the same model been sold here for the last 40 years

[@KanishQQuotes]

Because everyone is dishonest in Pakistan From policy makers, to manufacturers Jis quom ne Japanese ko chori karna sikha diya

[@SP.05]

Because Honda has Monopoly in Bikes in Pakistan,.. ..because kuch bhi ho jaaye "Main Te Honda Hi Lesan"

[@pranavkumar3782]

Very superficial debate😂😂

[@nehabalapure5365]

India car sales in 2023 was 4.1 million cars

[@KanishQQuotes]

Sab chor hei

[@kaalpaheliya]

Sirf Imran Khan ko chhor ke

[@nehabalapure5365]

Pakistan car sales in 2023 was 30,000 cars, what a joke this conference is

[@Kenkalsi]

59:52 no body knows everything.