Automotive sector: Pakistani, Mexican businesses to explore opportunities

KARACHI: Pakistani and Mexican business community have shown readiness to explore untapped opportunities in the automotive sector.

Mashood Khan, a former PAAPAM chairman, said this.

He said that a webinar, hosted by Shabana Aziz, commercial councilor in Mexico, was held to enhance the understanding between the two industries and to develop a roadmap to create mutual understanding.

He said that Shabana was working closely with key stakeholders of the Mexican automotive industry and arranged relevant representatives’ meetings with Pakistani representatives.

During the webinar, the Pakistan auto-engineering industry’s strengths were discussed where mutual cooperation could be possible, he said and added that the major states where the automotive industry existed in Mexico were Zacatecas, San Luis Potosi Queretaro and Aguascalientes.

He said that Mexico was the 7th largest automotive producer globally and one of the biggest auto parts distributors.

Mashood said that opportunities were found in the webinar, especially in the forging parts and rubber parts segments in Mexico.

Some companies had even contacted PAAPAM members in Pakistan.

Participation from Pakistan was from Darson Industries, Mehran Commercial Enterprises, Mannan Shahid Forgings, Thermosole, Kor Tech, Standard Engineering, Landhi Engineering, Merlalastik Rubber, Precision Products, Infinity Engineering, etc.

Copyright Business Recorder, 2021