A.Rafay
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KARACHI: Pakistan will be amongst top 5 countries producing and exporting high quality motorcycles in next few years, T Oyama senior Managing Director Honda Motor Company Japan said at the launch of new model Pridor.
With the hard work of associates, Atlas Honda today stands at the turning point from where the sales and production will touch the ever highest in the history of the country, he said.
It is encouraging after investing $35 million this year, Atlas Honda has increased its motorcycle production capacity to 750,000 vehicles annually keeping in mind the growing local demand, one of the largest motorcycle markets in the world and export potential to regional countries, he said. The leading motorcycle manufacturer is currently conducting a study for an expansion to 1 million units production capacity, which is estimated to cost around an additional $50 million. He said the seed of relationship sown by Atlas Group Pakistans Yusuf Shirazi and Suichiro of Honda Japan is today the oldest joint venture of Honda Motor Company anywhere in the world i.e Atlas Honda Ltd.
By launching yet another state of the art model Pridor, surpassing all available technologies in the country, Atlas Honda has also proven its commitment to Pakistans market, he said.
It is very encouraging to know government of Pakistan is supporting localisation in the country especially the recent decision of Economic Coordination Committee of the Cabinet, which is the highest forum of economic managers of Pakistan, depicts the governments localisation friendly policy.
Daily Times - Leading News Resource of Pakistan
With the hard work of associates, Atlas Honda today stands at the turning point from where the sales and production will touch the ever highest in the history of the country, he said.
It is encouraging after investing $35 million this year, Atlas Honda has increased its motorcycle production capacity to 750,000 vehicles annually keeping in mind the growing local demand, one of the largest motorcycle markets in the world and export potential to regional countries, he said. The leading motorcycle manufacturer is currently conducting a study for an expansion to 1 million units production capacity, which is estimated to cost around an additional $50 million. He said the seed of relationship sown by Atlas Group Pakistans Yusuf Shirazi and Suichiro of Honda Japan is today the oldest joint venture of Honda Motor Company anywhere in the world i.e Atlas Honda Ltd.
By launching yet another state of the art model Pridor, surpassing all available technologies in the country, Atlas Honda has also proven its commitment to Pakistans market, he said.
It is very encouraging to know government of Pakistan is supporting localisation in the country especially the recent decision of Economic Coordination Committee of the Cabinet, which is the highest forum of economic managers of Pakistan, depicts the governments localisation friendly policy.
Daily Times - Leading News Resource of Pakistan