Monday, April 27 2026

Indus Motor to invest another Rs1bn for ‘localisation of parts’
Indus Motor Company Limited (INDU) announced that its board has approved an additional investment of Rs1 billion (~$3.59 million) to enhance what it called localisation of production. The company, the maker of Toyota-brand vehicles in the country, shared the development in its notice to the Pakistan Stock Exchange (PSX) on Monday. “This is in continuation of our letter dated August 30, 2024, addressed to the PSX regarding the ‘investment of Rs4.1 billion for the localisation of parts and components of various existing vehicles,’ which is currently ongoing and is expected to be completed by the end of the calendar year 2026,” read the notice.
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