Renault Company will not come to Pakistan

As you guys already know that, In 2017, we first time heard Renault company is coming to Pakistan. We heard Groupe Renault and Al-Futtaim sign an agreement to assemble and distribute Renault vehicles in Pakistan.

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On 20th June 2018 we again heard, Al-Futtaim Renault Pakistan confirms Faisalabad home to a new car manufacturing plant. But after that, we don’t get any news related to the Renault company. But we got some unconfirmed news that Al-Futtaim has canceled the agreement with Groupe Renault.

Now Ministry of Industries and Production (MoIP) Said :

Adequate time has been given to the new entrants M/s Pak CAMC, Pak China Motors and AI-Futtaim under ADP 2016-21 but they neither signed an agreement with MoI&P nor showed any progress.

Ministry of Industries and Production (MoIP) will scrap Greenfield status of three automobile companies for not showing any progress on the establishment of plants. This decision has been taken by the Auto Industry Development Committee (AIDC) which met with Chief Executive Officer (EDB) on 13th August, 2020. This means we will not see Renault cars in Pakistan.

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