KARACHI: Pakistan is likely to enter lucrative export market of bullet-proof cars as the company manufacturing such cars has received export inquiries from Indonesia.
This was disclosed by Managing Director, Toyota Central Motors (TCM), Salim Godil, on the eve of 8th Toyota Dream Car Contest held at TCM. Talking to media at the painting contest, Salim said that his manufacturing plant located in Karachi was already in full production and converting around 25 cars per month.
He said that if Pakistan enters export arena of bullet-proofing, it may prove to be the most lucrative export sector as bullet proofing cost was ranging from Rs 4 million to Rs 12.8 million depending upon the models and shapes of the vehicles.
He said that majority of the customers was interested in bullet-proofing of their 4X4 vehicles which usually cost of Rs 4 million, while cars like Mercedes cost up to Rs 12.8 million.
Salim said that Pakistan had fully capable to convert vehicles into bullet-proof as the best and number one bullet-proofing company in the world had given franchise to him. TCM has also exhibited a locally bullet-proofed 4X4 vehicle on the occasion, which was also shown to the media.
Godil said that at present, his manufacturing unit had limited production capacity and if the government formulated a policy to encourage this industry, export of bullet-proof cars may fetch huge foreign exchange to the national exchequer.
Replying to a question, he said that production of locally assembled cars had dropped to a significant level as government had allowed import of second-hand cars.
He demanded of the government to impose restrictions on import of second-hand vehicles in order to rescue local automobile industry. He said that hybrid cars’ future in Pakistan was yet to be clear as only a limited number of such vehicles had been imported since the government announced to encourage these cars. He said that unless and until hybrid cars get economical, they may not become popular in Pakistan.
Taimur Soori of Indus Valley School of Art and chief of the jury has announced the names of the winners of the nationwide contest. A number of schools from Karachi and upcountry participated in the contest. The winner of the contest would be sent to Japan for global contest to be held there.