LAHORE - Adviser to the Prime Minister on Industries Basharat Raja has said that the all stakeholders would be taken onboard while formulating the auto policy to make it vibrant and in line with countrys needs. He was addressing to a seminar on problems, Issues and solutions of the Auto Industry held here at a local hotel. The federal adviser said that the upcoming Pakistan Auto Show 2011, which will be started from October 24 at the Expo Centre in Lahore, will be proved as milestone for the growing auto industry. He said that the show will definitely have a positive impact on the auto industry, which is growing day by day. He said that the exhibitions and discussions about particular industry have always proved good for future. He passed on good wishes to PAAPAM chairman Syed Nabeel Hashmi and management of the auto show for organizing such a mega event on auto industry. Earlier, Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) Chairman Syed Nabeel Hashmi said domestic and foreign manufacturers and auto part makers of cars, motorcycles and tractors will take part and exhibit their products in the Pakistan Auto Show 2011 which will be held at the Expo Centre in Lahore from October 24 to October 26. All the world is our market, he said this is our slogan this year, and we want to inform our manufacturers this (slogan) through Pakistan Auto Show. He said, We will go ahead this year through this slogan. Pakistan has Extensive scope to expand engineering and auto industry, he said, adding, Pakistan will have more chances of (auto industry) exports in this way. Talking about current and immediate concerns include Trade with India and Non implementation of the AIDP vendor part regimes, The Chairman PAAPAM. Sayed Nabeel Hashami said. We feel that with better managed policies and long term vision the prospects for rapid growth in the auto industry are extremely bright. Countries with comparable population, such as Brazil, are producing over 3.5 million passenger cars every year. Similarly, Indonesia, which has a population of 240 million people, produced 8.2 million Motorcycles this year. It may take a while, but Pakistan must target similar levels of volumes over the next 10 years,he said. He said Last year was extremely challenging for the Auto Industry because Passenger Cars volumes increased, however, profitability eroded due to exchange rate, higher utility and raw material costs. As far Trucks / Buses with application 16% GST, 7000 Modified Sprinkler Trucks were illegally imported with Massive under invoicing and mis-declarations. The only shining sector was Motorcycles & 3-Wheelers, while GoP did not touch this sector but Strength is localization and Future is high in volumes & export potential, he observed. Lahore Chamber of Commerce and Industry former President Mian Anjum Nisar said that industrialists and businessmen are playing their proactive role despite the fact that Pakistan is facing worst-ever energy crisis. He also said that the auto industry has proved through the manufacturing of cars, motorcycles and tractors in the country that it has capacity not only to provide jobs but also has important role to save foreign exchanges. Miss Amna Tanveer said that students of different engineering universities have good repute and name throughout the world, and they are the identification of Pakistan. However, she suggested that there is a need to bring revolutionary as well as scientific changes in the current education system. Technical and Vocational Training Institute Chairman Saeed Ahmad Alvi said that the Punjab government is providing technical education to local masses so that technically-sound manpower can be provided to local industry. He said that technical manpower can prove effective for the engineering and auto industry.