Pakistan Auto Show attracts over 100,000 visitors

LAHORE: The three-day Pakistan Auto Show 2016 concluded at the Expo Centre on Sunday, attracting more than one hundred thousand visitors and professionals, seeking fresh technological insights and valuable knowledge on the advancement of engineering in the industry.

The three-day grand event was organised by the Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) from March 4-6 and featured a vast range of products and process displays from more than 200 international and local auto-manufacturers and a myriad of enterprises operating in the relevant sectors. This pioneering exhibition showcases the robust growth and vast potential of Pakistan’s automobile industry, reflecting the nation’s pursuit to become the future hub for auto manufacturing and engineering.

The auto show also featured numerous insightful seminars and training workshops, conducted by speakers and experts, who disseminated high-valued information. These sessions were greatly appreciated by the industry professionals. A spectacular closing ceremony was held to conclude the show with great fanfare, where the leading personalities of the automobile industry, the engineering communities and the regulatory authorities were present along with senior government officials, prominent social personalities and showbiz stars, like; Ali Zafar.

PAAPAM Chairman Mumshad Ali said that as the demand for automobiles is expected to rise continuously over the next 3-5 years, the big challenge for Pakistan is to nurture local assemblers and vendors and ensure rapid investments in capacity-building, to meet the sharply rising demand. This industry has already achieved a high level of localisation, whereby it boasts: 75% localisation in cars and HCVs, 96% in tractors, 96% in motorcycles and 80% in three wheelers. Its products are being exported to European Union, US, African countries and all over Asia. The annual production in 2015 had reached 180,000 cars, 1.8 million motorcycles, 4,000 trucks, 600 busses, 47,000 tractors and 50,000 three wheelers.

Chief organiser of Pakistan Auto Show Syed Nabeel Hashmi said, “Pakistan Auto Show has once again proved that; it is the most resourceful, high-profiled event, playing a pivotal role in nurturing innovation, knowledge-exchange and collaborative ventures in the automotive industry. Revolutionary ideas and technological concepts are shared at this vibrant platform by the world’s foremost technology companies. Global automobile brands and experts enrich the deliberations, along with spare-parts manufacturers, component suppliers, Original Equipment Manufacturers (OEM vendors), automobile traders, investors, buyers and enthusiasts, who want to expand their business networks and knowledge-base.”

He further added that “looking at the resounding success of this year’s event, we are thoroughly inspired to orchestrate the next year’s auto show on a much larger scale. However, we would like to urge the government to complete the construction of the Expo Centre in Lahore urgently, because in its current state this facility cannot accommodate the vast automobile industry of Pakistan. I would like to thank the stakeholders of this industry for making this show the ‘Biggest annual Automotive Event of the nation’. The industry leaders have urged the government to devise an effective auto policy in consultation with the experts, because this critical policy has been long awaited to enable faster progress of our industry. PAAPAM is fully committed to play a key role as the binding force for the Auto industry. Since its incorporation in the year 1999, PAAPAM has successfully grown to 292 registered members.”

PAAPAM Senior Vice Chairman Mashood Ali Khan stated that, “We are delighted to see that the 2016 event received an overwhelming response from industry stakeholders, international large-scale buyers and diverse consumer segments, as the exhibition featured a wide range of products including; cars, tractors, trucks, buses, 4X4, motorcycles, three wheelers and exotic cars. The presence of globally leading companies like; Toyota, Honda, Suzuki, Isuzu, Hino, UD Nissan and Yamaha from Japan, Massey Ferguson Tractors and Land Rover from UK, Fiat Tractors from Italy, FAW Trucks & Cars from China and many more, have thoroughly enriched the proceedings of the exhibition.” The event also attracts precision-engineering experts, raw material suppliers, used-car dealers, service, repairs, bodywork professionals, automobile financing companies and other service providers.

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http://www.dailytimes.com.pk/business/07-Mar-2016/pakistan-auto-show-attracts-over-100-000-visitors