ISLAMABAD: Auto parts makers have welcomed the reduction in imports of used cars, calling it a key step towards promoting industrialisation in the country. In a statement, the Pakistan Association of Automotive Parts and Accessories Manufacturers (Paapam) lauded the government’s policy measures, which have significantly reduced the import of used vehicles while supporting local manufacturing and contributing positively to large-scale manufacturing (LSM) growth. According to recent import data for April this year, only 148 used vehicles were imported under various schemes, including 19 under the gift scheme, 120 under the baggage scheme, and nine under the transfer of residence scheme.
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the Pakistan Association of Automotive Parts and Accessories
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