A growing demand from local consumers and the export potential of the Pakistani automotive industry are helping fuel growth in the country’s auto sector.

Pakistan’s products and potential will be on show at the fourth International Automobiles, Auto Parts and Accessories Exhibition which will be held at the Karachi Expo Centre. After the success of three consecutive exhibitions, the show offers even greater exposure and enhanced business opportunities to its participants.

The exhibition will feature a display of products ranging from auto parts, components and accessories, to automobiles and maintenance equipment by leading local and international companies. An expansion in the production capacities of the leading auto manufacturing companies in Pakistan has contributed to the growth of this sector, which was over 50% in 2005. The sharp increase in the demand of cars compelled auto assemblers to increase their capacities. Vehicle manufacturers directly employ over 192,000 people with a total investment of over US$1.5-billion. The auto policy of Pakistan envisages an investment of US$3.9-billion in the next five years, which will make the target of 0.5 million cars per annum achievable.

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Although the auto industry in Pakistan is growing up but the recent economics crises effects the consumer buying power badly, the increasing rates of automotive products is a big question mark on future of auto industry.