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In a significant move to support Pakistan’s fragile economy, Toyota Indus Motors (IMC) has announced plans to export 50 units of its popular models, including the Fortuner, IMV series, and Corolla Cross.

In addition to vehicle exports, IMC has achieved remarkable success in the export of human resources. Over 100 skilled professionals have been sent to Japan to work with Toyota Motor Corporation (TMC).

Impressively, Pakistan’s human resources have been recognized as the best in discipline, skill, and training among other Asia Pacific countries, according to TMC. This HR export is projected to generate $2.5 million, underscoring the high value and competence of Pakistani professionals in the global automotive industry.

This initiative comes in response to Prime Minister Shahbaz’s call for local carmakers to contribute to economic recovery by expanding into international markets.

IMC’s decision marks an important step in showcasing Pakistan’s automotive capabilities on a global stage. These selected models, renowned for their reliability and performance, are expected to gain traction in new markets, paving the way for future export opportunities.

Millat Tractor to Export 3000 Units

Earlier this month, we shared a similar update narrating that Millat Tractor is also gearing up to steer country’s economy out of the persisting challenges. The economist Abdul Rehman Najam, in his tweet, revealed a welcoming move from the country’s largest agricultural machinery manufacturer, dubbed “Millat Tractors.”

As per his tweet, the company is all set to export about 3000 tractors in FY24 to countries like Africa, Afghanistan, South America, and the Middle East. The tractor industry stands out as a success story in terms of localization.

Meanwhile, Changan Pakistan is also a market player. In October 2023, Changan Pakistan exported a batch of 14 Oshan X7s to Kenyan and Tanzanian markets, making Changan Pakistan the country’s largest exporter of technologically advanced SUVs in international markets.

What do you think about the recent move by the Toyota Indus Motor? Drop your thoughts in the comments section.