Prime Minister of Pakistan inaugurated the Pakistan Auto Show (PAPS) 2014. All kind of Auto parts from various vendors and auto part manufacturers from around the globe were present at the event. Vendors displayed their auto parts and various manufacturing machinery. It was a well managed event at the international expo centre.
Expo center was jam pack with crowd eager to see latest products and other auto parts. Big auto companies displayed their latest auto models and were the lime light of the show.
We made an exclusive list of the show for our readers.
Ravi Piaggio the joint collaboration launching two news bikes Aprilia 125 RS and Aprilia 750 to be launched in upcoming Pakwheels auto show at Liberty, Lahore. Prices are expected to be around RS 1.2M and 1.9M respectively.
PAPS 2014 and PAAPAM Introduction:
The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) was established in 1988 and duly recognized by the Government of Pakistan in 1992. The Association represents the autoparts-manufacturing sector with an estimated industrial base of over 2800 units spread all over Pakistan. The Association’s registered membership base is in excess of 350. The Association’s objectives include safe guarding parts manufacturers interest in the National auto policies and providing other membership services which include, but are not limited to, directory printings, Research & Development of auto specific data, management of Pakistan Auto Shows on an annual basis, and the participation in international exhibitions (www.paapam.com).
Pakistan produced its first vehicle in 1953 at the National Motors Limited which was established in Karachi to assemble Bedford Trucks. The industry was highly regulated until the early 1990s. After deregulation major Japanese manufacturers entered in the market thereby creating some competition in the sector. Assemblers of HINO Trucks, Suzuki Cars (1984), Toyota (1993) and Honda (1994) in particular, entered Pakistan one after the other. Small run brands which came on a short term basis included Nissan, GM, and Hyundai.
With a conservative estimated Rs 150 Billion investment, the industry provides direct employment to over 252,000 (2013 PAAPAM estimates) and indirectly supports over 2.4 million persons. Exports of four wheelers, two wheeler and agricultural related components are on the increase with last estimates at US$ 128 million.
On the road four wheeled vehicles are to cross 10 million in 2013. However two wheelers with an annual production of 2 million+ are fast crossing 25 million and now boasting a collective robust US$ 3.5 billion aftermarket.
Heavy vehicle population in Pakistan is mixed with European and Japanese variants available in used and new categories. Additionally Chinese trucks and buses are now also entering fast with local production and creating competition for already established brands like Hino.
Checkout more about PAPS: http://www.paps2014.com/
Pakistan Auto show is three day (6,7,8th March, 2014) event starting from today and timings are from 10am till 8pm.