Renowned automobile manufacturer Pak Suzuki is planning to establish the new manufacturing plant in the country.
Second Pak Suzuki plant in Pakistan will be established on 80 acres land. However, it will cost around $460 million. New Pak Suzuki plant will be developed next to the company’s existing site. After the development of plant, the auto giant will be able to manufacture extra 100,000 vehicles per year.
In last few years, Suzuki’s brand image suffered a lot in Pakistan due to the high prices and poor quality. However, despite the extra production plant, it will remain to be seen if there will any focus on quality.
The move to develop 2nd manufacturing plant in Pakistan is mainly based on the decline of sales company has witnessed. However, during the first 4 months of the ongoing fiscal year, the sales were declined by 8.3 percent.