Indus Motor Company Signs Agreement with Toyota Egypt

Indus Motor Company (IMC), renowned for assembling Toyota vehicles in Pakistan, has taken a significant step forward by signing an agreement with Toyota Egypt, making it a part of the prestigious club of automakers exporting vehicles to foreign markets. This move aligns IMC with other notable names in the industry, including Master Changan Motors Limited (MCML) and Sazgar Engineering Works Limited (SEWL).

In line with this development, Toyota IMC recently dispatched its first shipment to Toyota Egypt in July. This inaugural shipment consisted of semi-processed raw materials, marking the commencement of an exciting new era for Pakistan’s original equipment manufacturers (OEMs) in terms of exports. The company’s official press release emphasized its commitment to continue expanding its export capabilities.

Ali Asghar Jamali, CEO of Toyota IMC, acknowledged the significance of this achievement for the auto industry in Pakistan. However, he remained cautiously optimistic about its immediate impact, acknowledging that it may be too early to label it as a turning point for the industry, which has been grappling with various challenges.