INDU initiates exports activity

MG News | July 31, 2024 at 09:23 AM GMT+05:00

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July 31, 2024 (MLN): Indus Motor Company Limited (PSX: INDU) has commenced an export activity of certain vehicles to other Toyota-affiliated companies, the company's filing on PSX revealed today.

To commemorate this milestone, INDU is organizing an export ceremony, it added.

"This event not only highlights our dedication to expanding our business horizons but also underscores our commitment to contributing to Pakistan's presence in the international market," the statement reads.

While this initiative marks a significant step for IMC, it is important to note that, at this initial stage, the financial benefits from this export activity are minimal.

The impact on the overall business remains insignificant and immaterial.

Despite this, the company is proud to take this pioneering step and pave the way for future export opportunities from Pakistan.

As the matter progresses any material information in this regard or otherwise arises shall be updated accordingly.

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