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16th Meeting of the Senate Standing Committee on Industries and Production Held at EDB

16th Meeting of the Senate Standing Committee on Industries and Production Held at EDB

Islamabad, October 14, 2025 — The 16th Meeting of the Senate Standing Committee on Industries and Production was held at the Engineering Development Board (EDB), Ministry of Industries and Production (MoIP). The meeting was chaired by the Honorable members of the Committee and attended by senior officials from MoIP, representatives of the EDB, and other relevant stakeholders.

During the session, the Engineering Development Board (EDB) briefed the Committee on the prevailing structure of the local automotive and tractor manufacturing sectors. The briefing focused on the factors contributing to the higher prices of locally manufactured vehicles compared to regional markets, as well as the overall fiscal and industrial framework influencing local production and affordability.

In conclusion, the presentation comprehensively addressed the Committee’s queries regarding automotive price disparities, the impact of fiscal policies, and the structure of local manufacturing. The EDB reaffirmed its commitment to promoting localization, rationalizing duties, and enhancing competitiveness in Pakistan’s automotive sector in alignment with regional benchmarks.

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