September 8, 2026
Japan Grants $16.4m for Indus Dike Work in Larkana
Japan will provide 2.58 billion yen, about $16.4 million, to strengthen Indus embankments at Old Abad Bund in Larkana under a flood protection and dike improvement project.
Articles for tag: climate resilience, Floods, Foreign aid, Indus, Japan, JICA, Larkana, Sindh
Indus Motor pursues a stable automobile policy by restricting imports of used cars
KARACHI: Indus Motor Company (IMC) has suggested that the forthcoming Auto Policy 2026-31 should maintain at least 40% tariff differential between knock-down (CKD) and fully-built (CBU) vehicles to protect jobs and ensure competitiveness. It was proposed by IMC Managing Director Ali Asghar Jamali while speaking at the Pakistan Auto Show (PAPS) held at the Karachi Expo Center from November 14 to 16. “Our participation in PAPS 2025 reflects our commitment to the ‘Make-in-Pakistan’ vision to produce world-class vehicles locally while supporting job creation and industrial growth. “We urge the government to maintain policies that promote local manufacturing and protect the
Local Roads to International Highways: Indus Motor Exports
In a first, Indus Motor Company (IMC) announced its pioneering export initiative at its Port Qasim Authority manufacturing facility in Karachi. The occasion was graced by the Federal Minister for Industries and Production, Mr. Rana Tanveer Hussain. EDB CEO, Engineer Khuda Buksh, SIFC representative, several distinguished government officials and Toyota’s top leadership including Executive Vice President of Toyota Motor Asia, Mr. Kazunari Iguchi. The milestone celebrates IMC’s strategic plans to start exporting vehicles and spare parts, marking a major contribution to Pakistan’s economy and the global automotive market. The company’s export range includes Toyota Fortuner, Hilux and Corolla Cross models
Wapda awards Rs 21.5 billion contract to install telemetry system in Indus Basin
Top view of Indus River. — Reuters/File The Water and Power Development Authority (WAPDA) has awarded a Rs 21.534 billion contract to install telemetry system at 27 key points of the Indus Basin Irrigation System (IBIS) for real-time monitoring of discharges. The contract has been awarded to a Joint Venture (JV) comprising CDigital and HBCC with Siemens as Subcontractor to the JV. According to the contract, the telemetry system, after installation, will become operational in December 2026, according to an official statement issued on Wednesday. Indus Telemetry Project Chief Engineer and Project Manager Waseem Ali and CDigital Managing Director Muhammad
Indus Motor reports 38% profit growth.
LAHORE: Indus Motor Company (IMC) reported a profit of Rs 4.45 billion for the third quarter ended March 31, 2024, registering a significant growth of 38% compared to the profit of Rs 3.22 billion recorded in the same period last year . According to the company’s financial statements, the board declared an interim dividend of Rs 34 per share, supplementing the interim dividend of Rs 37.7 per share already distributed. Earnings per share for three quarters of FY24 stood at Rs 56.61, reflecting a marked increase from earnings per share of Rs 40.92 in the corresponding period. In the nine
Indus Motor shuts down plant for six days
KARACHI: Indus Motor Company (IMC) has announced a six-day shutdown of its manufacturing plant due to the shortage of auto parts and components. In a statement sent to the Pakistan Stock Exchange (PSX) on Wednesday, the automaker said production will remain suspended from March 6 to 11. “Based on the current low level of manufactured vehicle inventories and the shortage of parts and components for vehicle manufacturing due to supply chain challenges, the company has decided to close its manufacturing plant from March 6 to 11. In case of any change in the plan, it will be updated accordingly,” the
December 4, 2023
PM terms Indus Basin ground zero for climate mitigation
DUBAI: Caretaker Prime Minister Anwaarul Haq Kakar said on Sunday that Pakistan’s climate challenge was primarily a water challenge that needed immediate remediation and stressed the importance of adapting the Indus basin to climate impacts because the majority of the population was connected to it. mighty river. Addressing an event on ‘Living Indus Initiative’ at the Pakistan Pavilion as part of the 28th Conference of the Parties to the United Nations (COP-28), the prime minister explained that ‘Living Indus’ was an umbrella initiative aimed at restoring ecological health of the Indian within the borders of Pakistan. “The Government of Pakistan
