Hyundai Nishat Owner Wants to Import Car Parts From India

[hydrabadi_arab]

The local currency devaluation increased freight charges, and rising raw material costs have prompted automakers to increase the prices of their cars. One of the automotive groups may have suggested a solution to this problem.

​

In his discussion with The Indian Express, the owner of Hyundai Nishat Motors Private Limited (HNMPL), Mian Mohammed Mansha, said that importing car parts from India can prove to be beneficial for the Pakistani car market.

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He stated that:

I am a businessman. That’s why I say that if something is cheaper in India, why should I buy that from another country? The transportation cost is less (from India). There are so many products that we could buy. We (the Nishat Group) make Hyundai cars. Hyundai India is very big. We could buy some parts cheaper from India, than buying from China, for example. And you are also trading with China in such a large way. Your imports from China are huge, and if you look at it, you also have issues with China on the issue of territories and all that.

Pakistan had halted trade activities with India in August 2019 after India’s decision to abolish the regulation that granted occupied Kashmir special status. Mansha stated, “I think we need to move ahead on the resolution of the Kashmir issue, we could take small steps. I do think we need to lower the temperature.”

Hyundai in India​

Hyundai is among the largest automotive companies in India that manufactures a vast range of fully indigenous vehicles. The company has three manufacturing plants in India that collectively churn out 740,000 cars per year.

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Currently, Hyundai Tucson is the only passenger vehicle that both, Hyundai Motor India and HNMPL have in common. The price of Hyundai Tucson in India starts at INR 2.27 million (5.47 million PKR) and goes up to INR 2.74 (6.6 million PKR). Although Tucson’s price in Pakistan is less than that in India, the latter has more variants and each variant has better features.

Pakistani Auto Policy​

Pakistan’s latest auto policy encourages automakers to move towards local manufacturing of vehicles. It seeks to create a fully indigenous automotive industry like that in India, so as to reduce import bills and bolster the local industry.


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Automakers are still relying on Completely Knocked Down (CKD ) kits imported from overseas to carry out local assembly of their vehicles. Such a business model is more prone to feel the heat of logistical costs and turbulent local currency.

With the recent views of its owner, it seems that HNMPL is far from willing to pursue local car production in Pakistan.

Hyundai Nishat Owner Wants to Import Car Parts From India

The local currency devaluation increased freight charges, and rising raw material costs have prompted automakers to increase the prices of their cars. One

propakistani.pk

 

[hydrabadi_arab]

I am a businessman. That’s why I say that if something is cheaper in India, why should I buy that from another country? The transportation cost is less (from India). There are so many products that we could buy. We (the Nishat Group) make Hyundai cars. Hyundai India is very big. We could buy some parts cheaper from India, than buying from China, for example. And you are also trading with China in such a large way. Your imports from China are huge, and if you look at it, you also have issues with China on the issue of territories and all that.

Rent seeker Mansha is always crying. Why he doesn't invest in local manufacturing like Indians have done to not have to import everything for cars. And what territories issues we have with China?

 

[Wood]

Conveniently, this is beneficial for India as well. Win Win

EDIT: Recollect the recent twitter drama from Hyundai Pakistan?

 

[LakeHawk180]

The local currency devaluation increased freight charges, and rising raw material costs have prompted automakers to increase the prices of their cars. One of the automotive groups may have suggested a solution to this problem.

​

In his discussion with The Indian Express, the owner of Hyundai Nishat Motors Private Limited (HNMPL), Mian Mohammed Mansha, said that importing car parts from India can prove to be beneficial for the Pakistani car market.

ALSO READ
Auto Financing Surges 27.7% YoY in March 2022
He stated that:


Pakistan had halted trade activities with India in August 2019 after India’s decision to abolish the regulation that granted occupied Kashmir special status. Mansha stated, “I think we need to move ahead on the resolution of the Kashmir issue, we could take small steps. I do think we need to lower the temperature.”

Hyundai in India​

Hyundai is among the largest automotive companies in India that manufactures a vast range of fully indigenous vehicles. The company has three manufacturing plants in India that collectively churn out 740,000 cars per year.

ALSO READ
Kia Announces its 3rd Major Price Hike This Year for Best-Selling Cars
Currently, Hyundai Tucson is the only passenger vehicle that both, Hyundai Motor India and HNMPL have in common. The price of Hyundai Tucson in India starts at INR 2.27 million (5.47 million PKR) and goes up to INR 2.74 (6.6 million PKR). Although Tucson’s price in Pakistan is less than that in India, the latter has more variants and each variant has better features.

Pakistani Auto Policy​

Pakistan’s latest auto policy encourages automakers to move towards local manufacturing of vehicles. It seeks to create a fully indigenous automotive industry like that in India, so as to reduce import bills and bolster the local industry.


ALSO READ
Spy Shots of Changan’s Mini Electric Car Revealed [Images]
Automakers are still relying on Completely Knocked Down (CKD ) kits imported from overseas to carry out local assembly of their vehicles. Such a business model is more prone to feel the heat of logistical costs and turbulent local currency.

With the recent views of its owner, it seems that HNMPL is far from willing to pursue local car production in Pakistan.

Hyundai Nishat Owner Wants to Import Car Parts From India

The local currency devaluation increased freight charges, and rising raw material costs have prompted automakers to increase the prices of their cars. One

propakistani.pk

Yes please.

 

[Wood]

Rent seeker Mansha is always crying. Why he doesn't invest in local manufacturing like Indians have done to not have to import everything for cars. And what territories issues we have with China?

He is referring to Indian disputes with China. This seems to be an interview to an Indian journal?

 

[Areesh]

Why parts? Import the whole car from India

Mansha sahab should consider himself as another sarkari muslim of India

 

[newb3e]

geo economy generail sey baat karain woh okay kar day ga! bas neelum valley ka dha launch hotay he sab changa hojai ga! isko boltay hain long term planning aik dha keh liye 5 saal plan kia lumber 1 property dealer ney!

 

[jamahir]

Why does Pakistan even need to have personal cars and those ugly motorcycles ? Ban personal cars and make intra-city transportation only through buses and taxis.

 

[INS_Vikrant]

Should have thought about before tweeting on Kashmir, I am surprised he managed to keep Hyundai dealership even after that fiasco

 

[Areesh]

Should have thought about before tweeting on Kashmir, I am surprised he managed to keep Hyundai dealership even after that fiasco

Apparently mansha sahab would have to bow down further

Pajeets are not happy with him. Just like they aren't with their own Muslims

 

[Maula Jatt]

Rent seeking Mafia's favourite people are in office
Ofcourse they'll say that- we need IK ASAP
They will further destroy things with more rent seeking

 

[hussain0216]

Typical PMLN behaviour trying to ship parts from a hindutva extremist shithole

 

[Maula Jatt]

Typical PMLN behaviour trying to ship parts from a hindutva extremist shithole

They love imports, the whole gang thrive on it
That's why we call them rent seekers who add no value to Pakistan

 

[hussain0216]

They love imports, the whole gang thrive on it
That's why we call them rent seekers who add no value to Pakistan

It's the Sharif's M.O they don't expand the economy, they just increase imports to benefit the rich to increase their profits and do nothing for the country

 

[STREANH]

Be warned: Hyundai India and Kia India make sub standard cars for the Indian market.

Are Indian Hyundais different from developed market Hyundais? If so, how?

Are Indian Hyundais different from developed market Hyundais? If so, how?

www.team-bhp.com

You'd be better off with a Tata or a Mahindra (Both of them topping the Charts in the GNCAP tests for cars sold in India)