Pak-Suzuki Motor seeks nod to import Alto car parts from India
Agencies: Islamabad , Nov 18 2012, 18:49 IST
over 12,000 people and had made investments of Rs 2 billion for the Alto.
The vendors pointed out that India is the only country where Euro-II Alto parts are available and Suzuki Japan has made India an investment centre for research and development and engine manufacturing.
Shaikh said the company had already informed the Commerce Ministry that India would provide a large market for exports and would be an alternative source of imports, resulting in cost benefit and reduced freight charges.
He said Pak-Suzuki is in a crisis because of falling production and sales, especially due to influx of imported used vehicles coupled with no permission for importing Alto parts from India.
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