A Japanese carmaker, through its local partner Indus Motor Company, plans to invest up to 400 million dollars in Pakistan. The investment will be made over the next four to five years and focuses on expansion and electric vehicle development. The move signals growing interest in Pakistan’s shifting auto market.
Indus Motor Company CEO Asghar Ali Jamali announced the plan in Karachi. He said the company aims to align with global trends in electric mobility. He also confirmed that Toyota Pakistan intends to launch an electric vehicle in the local market.
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Jamali urged the government to introduce a clear 10-year auto policy instead of short-term frameworks. He said long-term stability is essential for launching EV projects in Pakistan. He stressed that policy clarity would attract further investment.
The company also highlighted rising auto financing in Pakistan, which has doubled in three years. Lower interest rates and higher loan limits have supported increased vehicle demand. Jamali said expanding local production is necessary to reduce costs and support exports.
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He further called for stronger trade agreements to improve export competitiveness. Reduced taxes in foreign markets could help Pakistani vehicles perform better globally. The announcement reflects growing confidence in Pakistan’s long-term automotive and EV potential.