Pak Suzuki calls for new auto policy to support localisation of parts, SME-led growth

Pak Suzuki Motor Company Limited has called for a new auto policy that supports greater localisation of parts, saying stronger local vendor development is essential for building Pakistan’s industrial capacity.

Speaking to media at the SME Cluster Expo in Lahore, Hiroshi Kawamura, Managing Director and Chief Executive Officer (CEO) of Pak Suzuki Motor Company Limited, said the company continues to support Pakistani vendors to help them meet global standards. He said foreign investment remains critical for Pakistan, not only for inflows of capital but also for technology transfer and long-term industrial capability.

Kawamura said Pakistan needs both strong small and medium enterprises and sustained engagement from foreign partners. He said platforms such as the SME Cluster Expo play a role in linking SMEs with large industries and expanding opportunities within the industrial ecosystem. He also acknowledged the role of Small and Medium Enterprise Development Authority (SMEDA) in supporting SMEs across the country.

The SME Cluster Expo was organised by SMEDA in collaboration with the Ministry of Industries, bringing together more than 174 micro, small and medium enterprises to showcase products and explore business opportunities.

Mashood Khan, Director at SMEDA, said SMEs are a key component of the national economy, employing nearly 25 million people and contributing around Rs2.8 billion in exports. He said SMEs play a central role in employment generation and export growth, but require timely and practical policy support to unlock their full potential.

Khan said SMEs demonstrated resilience during the Covid-19 period by localising production and maintaining supply chains despite limited resources. He added that the expo attracted strong interest from local companies and consumers, with several MSMEs securing orders and sales, and is expected to support future collaborations and growth across the SME sector.