Friday, May 15 2026

Pak Suzuki sets up biogas plant & solar power facilities in Karachi
Pak Suzuki Motor Company Limited, a subsidiary of Suzuki Motor Corporation in Pakistan, has introduced a biogas plant with a capacity of 100 cubic meters per day and a solar power generation system with an output capacity of 920kW at its manufacturing plant, and both facilities have commenced operation. The biogas plant and solar power generation facilities form part of Pak Suzuki’s initiatives toward carbon neutrality, read a statement. Pak Suzuki informed that the biogas plant makes use of Napier grass, widely available in Pakistan, along with waste from company cafeterias. The company said that it would continue to contribute to the realisation of a sustainable society by promoting environmental initiatives tailored to the specific conditions of each region, including Pakistan.
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Related symbols: psmc (news stock)

Tuesday, May 12 2026

Millat Tractors to manufacture Chinese electric bikes in Pakistan
Millat Tractors Limited, Pakistan’s largest tractor manufacturer, on Tuesday announced that one of its subsidiary companies has signed a memorandum of understanding (MoU) with a leading Chinese electric bike manufacturer to manufacture electric bikes in Pakistan. “Millat Tractors Limited (MTL) is pleased to inform that a subsidiary company of Millat Tractors Limited has signed a MoU with a leading electric bikes manufacturer of China, for the assembly, manufacturing, and marketing of E-bikes in Pakistan,” read the notice to the Pakistan Stock Exchange (PSX). “This strategic collaboration reflects the group’s commitment towards diversification into the electric mobility sector and aligns with the Government of Pakistan’s National Electric Vehicle (EV) Policy 2025-30,” it added.
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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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Related symbols: indu (news stock)

Friday, April 24 2026

PSMC begins exporting Suzuki Cultus parts to Thailand
Pak Suzuki Motor Company Limited (PSMC) on Thursday announced that it has successfully begun exporting body parts of the Suzuki Cultus to Thailand, marking its first such export to the Thai market. In an official communiqué, the company said it had achieved another significant milestone by exporting body parts to Southeast Asian Nations. This development reflects Pak Suzuki’s growing contribution to Pakistan’s industrial exports and aligns with the Government of Pakistan’s strategic focus on export-led economic growth and integration into global automotive supply chains. The export ceremony was witnessed by Pak Suzuki’s Managing Director, Hiroshi Kawamura, along with senior management and technical teams. Speaking on the occasion, Kawamura highlighted Pak Suzuki’s longstanding history of exporting vehicles, auto parts, and accessories to Bangladesh, Nepal, Hungary, Vietnam, Germany, Japan, and Oman.
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Related symbols: psmc (news stock)