Addressing a press conference, the Industries and Production Minister, Khusro Bakhtiar has said that a major cut in the price of Rs100,000 on small cars will be made and notified soon in a few days.
Makhdoom Khusro Bakhtiar addressed the press conference and confirmed that strict measures have to be taken for the automobile industry. The price of small cars will be slashing by Rs100,000. The government has also decided to promote the automobile industry by increasing production to 0.5 million by the year 2025.
He also mentioned that for the localization of the economical small cars, an incentive Meri Ghari Scheme has been introduced. He added that the automobile is a medium of creating employment opportunities in the country.