Auto Policy likely to be unveiled on July 1

The Ministry of Industries and Production reviewed the draft ‘Auto Policy’, which is expected to be unveiled on July 1, 2026, and stated that the policy focuses on localization to help bring vehicle prices down. In this connection, a meeting was held here on Tuesday under the chairmanship of Special Assistant to the Prime Minister (SAPM) on Industries and Production, Haroon Akhtar Khan, with a delegation of auto parts manufacturers to discuss the forthcoming auto policy and measures for strengthening the local industry. The meeting was also attended by the Secretary of Industries and Production, Saif Anjum, and the CEO of the Engineering Development Board (EDB), Hammad Mansoor, along with other relevant stakeholders. During the meeting, detailed deliberations were held on the new auto policy, with a strong emphasis on the localization of auto parts manufacturing.