“Literature Review”
IMPACT OF AUTOMOBILE ON THE ECONOMY:
Mr. Zahoor Sheikh Sarwar (CASE), Mr. Azam Ishaque, (CASE), Mr.
Nadeem Ehsan, (Center For Advance Studies in Engineering), Mr.
Danial Saeed Pirzada, (Center For Advanced Studies in Engineering), and Mr. Zafar Moeen Nasir, (CASE) in their report published in
International Journal of Productivity and Performance Management, has
Identified that automobile sector has huge economic potential and the
Study identified the prevalent condition of productivity in automotive
Manufacturing industry of Pakistan and indicated the possible areas for
Enhancing productivity. The findings of this research have revealed that
Effective utilization of role of technology can enhance the productivity of Pakistani manufacturing firms drastically.
Pakistan Auto Industry Development Program (AIDP-2006), an study conducted by Ministry of Industries and Production, Government of
Pakistan states that the Pakistan Auto Industry has become a leading industrial sector to steer the growth in large scale manufacturing sector.
The high economic and job multiplier effect of this industry and its deep forward and backward linkages in allied industries, make the auto industry a key player in the national economy. the world which manufacture all kinds of vehicles i.e. 2/3 wheelers, motorcars, LCVs, tractors, prime-movers & trucks and buses. The total country requirements are generally met from the local production except the import of certain categories of trucks & prime-movers. Import of used cars is allowed to the bonafide ex- patriate
Pakistani’s and travelers only under the baggage scheme. The presence of few of world acclaimed brands and multinationals in the manufacturing of vehicles for the last 2 to 3 decades and their regular expansion plans speak of their confidence on the market,