Auto industry has welcomed the decision to lift ban on purchasing of vehicles from non filers proposed in mini budget 2018-19. According to the Pakistan Suzuki Motor Company Limited, the decision to lift ban on purchasing of vehicles from non filers are welcoming as it would increase the production and sales of local manufactured vehicles.

Since last July, the local auto companies suffered a lot and only PSMCL suffered losses of around 32 percent. Now, PSMCL appreciates the decision for supporting local industry as the government by lifting the ban on purchasing of vehicles from non filers will not only get more revenue but it will also support allied and vending industry besides it will create investment friendly environment in the country.

Copyright Business Recorder, 2019