LAHORE : The federal government has pledged to involve key stakeholders from the auto sector before implementing any changes related to used car imports and duty reductions under the proposed Tariff Rationalisation Plan.
Special Assistant to the Prime Minister and Minister-in-Charge for Industries and Production, Haroon Akhtar Khan, made this assurance during a meeting with Lucky Motor Corporation (LMC) Chairman Muhammad Ali Tabba.
Concerns Over Tariff Cuts
Mr. Tabba voiced concern about the proposed plan to gradually lower duties on completely built units (CBUs) to 15% over five years.
While acknowledging the intent to make vehicles more affordable, he warned the change could damage the local automotive industry and shake investor confidence.
Highlighting Past Investments
Tabba pointed to the Auto Development Policy (ADP) 2016–21, which encouraged major Korean, European, and Chinese automakers to enter Pakistan’s market.
These companies collectively invested around $1.2 billion to set up local manufacturing facilities.
Achievements of Local Manufacturing
He emphasized that the ADP had successfully expanded consumer choice, increased competition, and boosted job creation in both car assembly and auto parts production.
According to Tabba, any policy shift must protect these gains and not derail the momentum of domestic industry growth.
