IMC, Toyota Pakistan, Brought $735m FDI, $6.5b Localization Savings in 35-year, CEO

KARACHI: Indus Motor Company (IMC), the assembler of Toyota vehicles in Pakistan, has highlighted its long-term contribution to the national economy, localization efforts, skills development programmes and sustainability initiatives, marking more than three decades of operations in the country.

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The company said it has brought in $735 million in foreign direct investment (FDI) over the past 35 years while saving around $6.5 billion through localization, reflecting its push to develop the domestic auto parts ecosystem. IMC added that it has contributed $6.3 billion to the national exchequer during the period through taxes and duties.

IMC noted that it has signed more than 30 technical assistance agreements with global original equipment manufacturers (OEMs) to introduce new technologies in Pakistan and has helped develop 53 automotive suppliers, generating thousands of jobs and supporting GDP growth.

Chief Executive Officer of IMC said the company remained committed to strengthening Pakistan’s industrial base through technology transfer and local capacity building. “Our focus has been to deepen localization, develop vendors and contribute to the broader manufacturing ecosystem while maintaining global quality standards,” he said.

“Over the years, our partnerships with international OEMs have enabled the transfer of advanced technologies and skills into Pakistan’s auto sector.”

On the export front, IMC stated it has exported 50 vehicles—including Fortuner, Hilux and Corolla Cross—to Oceanic markets, while also supplying semi-processed raw materials to Toyota Egypt as part of its regional integration strategy.

The company also underscored its role in human capital development. It has established four Toyota Technical Education Programmes (TTEP) in leading colleges, providing tools and equipment worth Rs114.3 million to train automotive students. Thousands of graduates are now working across local and international OEMs.

In addition, IMC’s Apprenticeship Training Programme (ATM)—a three-year course conducted at its Karachi plant—has trained over 10,000 individuals.

“Our investment in skills development is aimed at building a future-ready workforce for Pakistan’s automotive industry,” the CEO said. “Through structured technical education and apprenticeships, we are helping young professionals gain globally competitive skills.”

In the area of sustainability, IMC said it has committed to planting one million trees by June 2026, of which 920,000 have already been planted, offsetting over 10,000 tonnes of CO₂. The company has also planted 6,000 mangroves along the coastal belt, contributing to additional carbon offsets.

The company added that it has installed Pakistan’s largest roof-mounted solar system of 6.6MW, meeting around 25% of its energy requirements, while 80% of its dealership network now operates on solar power. IMC is certified under ISO 14001 for environmental management and ISO 50001 for energy management.

“Sustainability is central to our long-term strategy,” the CEO said. “From renewable energy adoption to large-scale plantation drives and green office certifications, we aim to reduce our environmental footprint while contributing to Pakistan’s transition towards a green economy.”

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