AGL 5.27 Decreased By ▼ -0.13 (-2.41%)
ANL 8.75 Decreased By ▼ -0.04 (-0.46%)
AVN 76.62 Increased By ▲ 0.37 (0.49%)
BOP 5.22 Increased By ▲ 0.03 (0.58%)
CNERGY 4.44 Decreased By ▼ -0.04 (-0.89%)
EFERT 81.32 Increased By ▲ 0.22 (0.27%)
EPCL 49.39 Increased By ▲ 0.38 (0.78%)
FCCL 12.80 Increased By ▲ 0.10 (0.79%)
FFL 5.59 Decreased By ▼ -0.03 (-0.53%)
FLYNG 6.90 Decreased By ▼ -0.03 (-0.43%)
FNEL 4.67 Increased By ▲ 0.02 (0.43%)
GGGL 8.64 Increased By ▲ 0.04 (0.47%)
GGL 14.21 Increased By ▲ 0.06 (0.42%)
HUMNL 5.54 Increased By ▲ 0.05 (0.91%)
KEL 2.63 Increased By ▲ 0.04 (1.54%)
LOTCHEM 28.04 Increased By ▲ 0.33 (1.19%)
MLCF 24.05 Increased By ▲ 0.45 (1.91%)
OGDC 71.13 Decreased By ▼ -0.44 (-0.61%)
PAEL 15.34 Increased By ▲ 0.14 (0.92%)
PIBTL 4.87 Decreased By ▼ -0.04 (-0.81%)
PRL 16.08 Increased By ▲ 0.25 (1.58%)
SILK 1.13 Increased By ▲ 0.08 (7.62%)
TELE 9.07 Increased By ▲ 0.08 (0.89%)
TPL 7.09 Decreased By ▼ -0.07 (-0.98%)
TPLP 19.09 Decreased By ▼ -0.09 (-0.47%)
TREET 21.20 Increased By ▲ 0.06 (0.28%)
TRG 139.80 Increased By ▲ 3.30 (2.42%)
UNITY 16.77 Increased By ▲ 0.01 (0.06%)
WAVES 9.41 Increased By ▲ 0.26 (2.84%)
WTL 1.36 Decreased By ▼ -0.02 (-1.45%)
BR100 4,186 Increased By 30.5 (0.73%)
BR30 15,467 Increased By 131.3 (0.86%)
KSE100 41,819 Increased By 279.4 (0.67%)
KSE30 15,448 Increased By 82.9 (0.54%)
Follow us

KARACHI: Atlas Group has achieved impressive export sales during the last six months as nearly 12,000 motorcycles have been exported along with additional auto parts worth around US$ 2 million.

According to the details issued by the group, the breakthrough reflects acceptability of Pakistan made auto parts products in the international markets.

“The company is looking at more export markets for motorcycles and parts in future.

New parts and models are under study for their suitability for export. Evaluation criteria places special emphasis on them having potential of becoming part of the global supply chain,” said Afaq Ahmad, representative of Atlas Honda.

Afaq expressed hope that the motorcycle industry could experience major growth.

This has become possible due to the high level of localisation and technology transfer from Japanese companies like Honda, Hitachi, Denso and GS Yuasa.

The commitment to quality, product reliability and focus on enhancing exports remains a strategic vision and mission for Atlas Honda.

He was also hopeful that the current economic and foreign exchange restrictions would be resolved soon. Exports, through DTRE like regimes, can give global supply chain decision makers greater confidence in Pakistan as a potential hub.

Competing with Asean and India for share of the global parts market is a challenge the country should now prepare for.

Afaq reiterated the resolve to increase its efforts on the export front adding that with the right government support and market access efforts, the auto industry and parts manufacturers have a good chance to explore more international markets.

Copyright Business Recorder, 2022

Comments

Comments are closed.

Atlas Group exports auto parts worth $2m, 12,000 bikes in 6 months

Arshad Sharif murder case: Supreme Court orders formation of new JIT

Schools in Lahore to remain closed three days a week due to smog

Rupee registers marginal decline, settles at 224.16 against US dollar

ECP supports use of electronic voting machines: Chief Election Commissioner

China announces nationwide loosening of Covid restrictions

UNGA adopts Pakistan-piloted resolution to bolster UN’s relief system

Business Confidence Score lowest in Pakistan since Covid: OICCI survey

Japan announces additional $38.9mn for flood victims

One killed as Bangladesh police fire at opposition rally

Oil falls close to 2022 lows on economic worries, easing supply fears