APMA delegation calls on EDB chief
By our correspondent
LAHORE: The motorcycle industry in the country is progressing so well as manufacturing of motorcycles has touched the 0.7 million mark in financial year 2005-06.
This was revealed in a meeting between a delegation of Association of Pakistan Motorcycle Assemblers (APMA) with the CEO of Engineering Development Board (EDB), Imtiaz Rastgar here on Tuesday.
The meeting was informed that the volume of motorcycles, manufactured, was going to cross one million mark by the year 2010. The increasing volume has compelled the vendor industry to increase the production of parts accordingly.
The members of delegation pointed out that crank case, crankshaft, transmission, shaft rocker arm, spindle, complete kick starter, spindle gear and spindle cam chain, guide sprocket were in short supply as the production capacities of vendors for these parts are very low, as a result the gap between supply and demand is met by import. The situation can be judged from the fact that crankcase is manufactured mainly by only two companies but their production capacity is approx 6,000 sets per month.
It is pertinent to mention here that Honda is manufacturing the parts for 70cc motorcycles only.
The CEO advised the APMA delegation that they should not only encourage the existing vendors to increase their production but also provide impetus to investors to invest in this industry for rich dividends in short period. The scale of volumes involved was now enough for new entrants to come forward and start producing these parts to fill the gap between the supply and demand, he added.
As evident from the existing scenario, the gap between the supply and demand of the motorcycle parts is going to widen with the increase in production of motorcycles. This gap is an open invitation to the progressive businessmen for availing this opportunity and venturing in the manufacturing of main parts.
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