With the support of Japan International Cooperation Agency (JICA), the Small and Medium Enterprises Development Authority (SMEDA) improved production systems of 50 auto factories, reported SMEDA Chief Executive Officer Mr. Sher Ayub on Wednesday.
He disclosed this while commenting on the second term of SMEDA-JICA joint project being run for technical support of the auto parts manufacturing industry in Pakistan, conducted in coordination with Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM).
He accredited the success of this project to SMEDA-Sindh chief Mukesh Kumar whose services had led to auto sector becoming one of the rapidly growing sectors in Pakistan. “Its contribution towards the national economy in the form of technology transfer, employment and revenue generation is visible,” he added.
Moreover, he pointed out that the sector had significant room to further improve quality, bring innovation, and flexibility to the manufacturing system, which was being addressed with the support and assistance of JICA.
He further acknowledged Japan’s technical support in helping the local auto parts manufacturers get prepared for export markets by improving the quantity and productivity of their products as per the world’s requirements.
A ceremony had been held earlier at PAAPAM office where Mukesh Kumar gave a briefing on the activities to be conducted under the second term of SMEDA-JICA joint project for technical support of the auto sector in the country.
JICA Pakistan senior representative Yoshihisa Onoe acknowledged that JICA’s collaboration with SMEDA and PAAPAM had proved to be useful for the local auto parts’ manufacturing industry in Pakistan.
He was glad to note that productivity of the sector had increased to an optimal level, whereas, the rejection rates to be witnessed in the manufacturing processes had reduced to the lowest possible level.
“The SMEs, engaged in auto parts manufacturing, had a great potential to compete the world market,” Onoe said, and assured to extend fullest technical support of JICA to impart the best practices being exercised in auto sector of the developed world.
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