BR100 Decreased By (-0.88%)
BR30 Decreased By (-0.81%)
KSE100 Decreased By (-0.74%)
KSE30 Decreased By (-0.73%)
AGHA 7.41 Decreased By ▼ -0.15 (-1.98%)
BECO 5.11 Increased By ▲ 0.02 (0.39%)
BML 55.48 Increased By ▲ 0.50 (0.91%)
BOP 32.25 Decreased By ▼ -0.73 (-2.21%)
CNERGY 10.34 Increased By ▲ 0.24 (2.38%)
CSIL 5.02 Decreased By ▼ -0.11 (-2.14%)
FCCL 51.30 Increased By ▲ 0.05 (0.1%)
FFL 15.90 Decreased By ▼ -0.28 (-1.73%)
FNEL 1.20 Increased By ▲ 0.01 (0.84%)
KEL 7.12 Increased By ▲ 0.06 (0.85%)
KOSM 5.37 Decreased By ▼ -0.17 (-3.07%)
LOTCHEM 26.54 Decreased By ▼ -2.58 (-8.86%)
MLCF 86.96 Decreased By ▼ -1.86 (-2.09%)
NBP 192.29 Decreased By ▼ -5.20 (-2.63%)
NCPL 55.31 Increased By ▲ 0.29 (0.53%)
NPL 65.45 Increased By ▲ 0.57 (0.88%)
OGDC 311.95 No Change ▼ 0.00 (0%)
PACE 10.35 Increased By ▲ 0.14 (1.37%)
PAEL 40.50 Decreased By ▼ -0.49 (-1.2%)
PIBTL 15.95 Decreased By ▼ -0.01 (-0.06%)
PPL 212.00 Decreased By ▼ -0.66 (-0.31%)
PRL 52.68 Increased By ▲ 0.14 (0.27%)
PTC 68.00 Decreased By ▼ -1.08 (-1.56%)
SSGC 24.74 Decreased By ▼ -0.36 (-1.43%)
TBL 9.50 Decreased By ▼ -0.12 (-1.25%)
TELE 8.24 Decreased By ▼ -0.08 (-0.96%)
TPL 17.80 Increased By ▲ 0.05 (0.28%)
TPLP 12.98 Decreased By ▼ -0.24 (-1.82%)
TREET 21.14 Decreased By ▼ -0.60 (-2.76%)
TRG 59.61 Increased By ▲ 2.72 (4.78%)

imageCHICAGO: Pakistan's auto parts manufacturing industry offers a cost-effective option to automobile manufacturers around the world, Consul General Faisal Niaz Tirmizi has said.

Speaking at the Pakistan's Automotive Components Manufacturer Exhibition at Novi, Michigan, he said that participation of 14 Pakistani Auto Parts manufacturers in the United States was a sign of revitalization of industrial sector of Pakistan, a country enriched by enormous workforce under age bracket of 30 years.

He told the audience that Pakistan's auto industry provides direct employment to 200,000 Pakistanis directly and 1.2 million Pakistanis, indirectly, thus making a significant contribution to the country's economy. The consul general also said that only through economic development and employment opportunities, extremism raging across the region could be defeated.

Tirmizi also appreciated the role played by the DICE Foundation Inc for its role in bringing 14 exhibitors from Pakistan to showcase their products in the North American Market. The response from local automobile giants like Ford, General Motors and Chrysler was very encouraging. These companies expressed a lot of interest in getting manufactured products from Pakistan.

Copyright APP (Associated Press of Pakistan), 2016

Comments

Comments are closed for this article.