Ministry of Industries and Production

The International Monetary Fund (IMF) has introduced new conditions for Pakistan's $7 billion loan program, specifically targeting the tax protections currently enjoyed by locally assembled electric and hybrid…

Almost a week back, Pakistan’s Finance Minister, Mr Shaukat Tarin, told the media that the government is banning the import of CBU vehicles for six to nine months to control the Account Deficit. His statement…

In order to control the trade deficit, the government is taking multiple steps focusing on the auto industry. Earlier, the State Bank of Pakistan (SBP) revised its Auto Finance Policy. Under these new…

Shortly after reducing car prices, automakers in Pakistan are planning to hike the prices back up. But their plans won’t go far as the government takes a stand against the unreasonable car price hikes. As per a…

Shortly after reducing car prices, automakers in Pakistan are planning to hike the prices back up. But their plans won’t go far as the government takes a stand against the unreasonable car price hikes. As per a…

Electric Vehicle (EV) policy, which was earlier approved by the federal cabinet, was met with criticism from significant stakeholders from the auto sector. The EV policy was put forth by the Ministry of Climate…

Engineering Development Board (EDB) might start functioning again as Ministry of Industries and Production is all geared up to present the case of EDB to the new government, as per a local media outlet. The…