Islamabad, JULY 31: Indus Motor Company Limited (PSX: INDU), the automaker, notified the primary stock exchange on Tuesday that it has started exporting some of its vehicles to other Toyota-affiliated businesses.
An export ceremony is being held by IMC to mark this significant occasion. This event demonstrates our commitment to broadening our commercial horizons and strengthening Pakistan’s position in the global market,” the company stated in a stock filing.Even while this project is a big step forward for IMC, it’s crucial to remember that there aren’t many immediate financial advantages to this export operation. “The effect on our business as a whole is still negligible and unimportant.
In spite of this, the filing stated, “We are proud to take this innovative step and open the door for future export opportunities from Pakistan.” Toyota Motor Corporation, Toyota Tsusho Corporation, and a few House of Habib firms founded INDU with the goal of assembling, manufacturing, and selling Toyota automobiles. The Company holds a license for the assembly, progressive manufacture, and marketing of Toyota and Daihatsu automobiles in Pakistan and serves as their exclusive distributor.
