Pak Suzuki seeks auto policy push for parts localisation

Managing Director and Chief Executive Officer Pak Suzuki Motor Company Limited Hiroshi Kawamura said the company is looking forward to a new auto policy that encourages greater localisation of parts. "Suzuki continues assisting in the development of Pakistani vendor companies so they can meet global standards," Kawamura said while talking to the media at the SME Cluster Expo in Lahore the other day. He said foreign investment is extremely important for Pakistan, not only for bringing in overseas dollars but also for transferring technology and building industrial capability. "Pakistan needs strong SMEs, and it also needs strong foreign partners. This Expo plays an important role in connecting SMEs with large industry, opening new opportunities and strengthening Pakistan's industrial ecosystem.