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Hyderabad’s motorcycle industry seeks govt aid | The Express Tribune

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KARACHI:

Hyderabad industrialists are calling on the government to establish a policy and introduce a motorbike financing scheme, stressing the importance of safeguarding the assembling plants of Chinese petrolversion motorbikes to prevent the collapse of this struggling industry, which could lead to increased unemployment.

Speaking to The Express Tribune they mentioned that there are a total of nine fullyfledged assembling plants, with four located in Hyderabad, two in Karachi, three in Lahore, and one in Sialkot. “Back in 2002, there was a significant surge in Chinese motorcycle production, with approximately 135 assembling units established nationwide,” stated Auto Sector Analyst Mohammad Sabir Shaikh.“These units were officially producing 900,000 motorbikes annually, alongside an informal production of 2.5 million.

Additionally, there were over 1 million motorcycles from Japanese brands like Honda, Yamaha, and Suzuki. We were even exporting bikes to Afghanistan and several African countries.” He highlighted the industry’s challenges, citing consecutive setbacks in 2009, 2016, and 2020-2021, the latter occurring shortly after the onset of the Covid-19 pandemic.

“Hyderabad was once the thriving hub of the Chinese motorbike assembling industry from 2000 to 2010. Now it is struggling to survive,” explained Hyderabad Chamber of Small Traders and Small Industry (HCSTSI) President Muhammad Farooq Shaikhani. “During this period, around nine modern motorbike-cum-rickshaw units operated, attracting hundreds of thousands of former glass bangle workers to transition into this industry.”

He highlighted that the industry began shuttering plants not only in Hyderabad but also across the country due to insufficient support and proper government policies. Factors contributing to this downturn include escalating business costs, rising raw material expenses, soaring utility bills, a 22% interest rate, currency depreciation against the US dollar, and political and economic instability.

Stressing the need for sustainable growth in the local industry to strengthen the national economy, he also pointed out that bike dealers, who often provided bikes on credit, were unable to fulfil their payment obligations to assemblers on time, exacerbating the situation. CEO of Memon Motors, Mohammad Saleem Memon, shared that their company introduced auto rickshaws under the Super Star brand in 1992 and ventured into the motorbike industry in 2001-2002, when a 70-CC motorbike cost Rs32,000.

Currently, it sells for Rs103,000, operating within a market with a slim profit margin. He mentioned that four renowned brands of Hyderabad motorbikes—Super Star, Unique, Hi-Speed, and Express—are struggling to maintain viability, producing around 8,000 to 10,000 units per month. This is a significant decline from the peak production period when they assembled over 40,000 units monthly

Pakistan

Honda CD70 Dream Latest Price, Installment Plans – Sep 2024 Update – Pakistan Observer

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Honda remains leader in bikes market, with its top-selling units like CD 70, and that’s without making any major changes as the entry-level bikes look almost same for a long time. As the CD-70 remains its most selling model, bikes like the CD-70 Dream and Pridor are considered a niche products.

Despite failing to achieve top sales, CD 70 Dream is still in the market, featuring air-cooled, 4-stroke engine that delivers smooth performance and impressive fuel economy, often averaging around 60-70 km/l, making it ideal for daily commuting.

The bike looks better with stylish and modern design with attractive graphics, as compared to simple CD70. People also like its comfort as built quality remains optimum, comparing to other players.

Its pricing makes it accessible to a wide audience, including students and working professionals, solidifying its status as a favorite among motorcycle enthusiasts in Pakistan.

As bikes prices remain out of hands, people are having hard time to upgrade their ride while companies also face low sales.

Honda CD 70 Dream Price

The price of Honda CD70 Dream is Rs168,900 in September 2024.

Honda CD 70 Dream Installments

Installment Plans Monthly Payments 
3 months Rs56,300
6 months Rs28,300
9 months Rs21,890
12 months Rs17,200
24 months Rs10,170
36 months Rs7,800

 

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Check Property Ownership in Lahore, other Punjab cities Online – Pakistan Observer

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If you live in Lahore or any other city in Punjab; you might have faced difficulties in getting land record in previous years, but now the government made the land verification process smooth with digitization.

To curb the menace of land mafia and to help residents of Punjab, the government rolled out a systematic process and also eased the process of property transfers and real estate transactions.

A new verification system is Live by provincial authorities to check the legitimacy of properties available for purchase or investment across the region of 110 million people.

The relevant authority in this regard is Punjab Land Record Authority which oversees management and maintenance of land records. You can get different services, including ability to search for and view land records, as well as request copies of documents.

Check Property Ownership Online 2024

Here’s Step by Step Guide To Check property ownership

Step 1: Please visit PLRA portal at Punjab-zameen.gov.pk.

Step 2: Find ‘Property Registration,’ on home and click on https://rodportal.punjab-zameen.gov.pk/.

Step 3: It will ask you to select your district and service center.

Step 4: You can search by different options including Bahi number, ID card, registration number, or by person name.

Step 5: After entering details, please advance to ‘Search’ to get the land ownership.

With latest updates, you can check data on number of property transfers in last 36 months.

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Suzuki Bolan discontinued in Pakistan after 36 years; Here’s replacement for ‘Carry Dabba’ – Pakistan Observer

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LAHORE – Finally, it’s time to say goodbye to the iconic Suzuki Bolan as Pak Suzuki pulled plugs to replace the minivan with another model. Over the last 3.5 decades, Suzuki Bolan enjoyed decent sales and was valued for its flexibility, serving a multi-passenger vehicle and for commercial purposes.

Amid shift in auto landscape in Pakistan, Bolan becomes latest drive to be discontinued after Suzuki Mehran, which you can still spot.

Pictures of Suzuki Bolan’s last batch surfaced online, and Pakistanis hit nostalgia as many grew up in this vehicle. The final chassis number marked as 01151691. The country’s oldest automaker and maker of Bolan also confirmed discontinuation of the 800cc Carry Dabba.

The company decided to replace Bolan for its outdated design and lack of safety features. Amid its low sales, consumer demand for a modern replacement like Changan Karvaan increased.

Suzuki Every to Replace Bolan

Suzuki earlier mentioned that Every will replace Bolan, and one of its recent model was unveiled at a recent auto show.

The launch of Every models faced delays due to import challenges and it is expected to launch in mid October.

Suzuki Bolan Price in Pakistan

 

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Pakistan

Gold prices reach historic high in Pakistan – Pakistan Observer

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