Pakistanis want to buy Mahindra Scorpio and Tata Safari even at ₹ 1 CRORE !!

You visit a country to travel and by coming on roads, you see that half of the people are driving a bike worth 50k-60k and some people are wandering in Land Cruiser that costs around 8 crores. Some people are barely getting a job and some people are importing Rapton from America and Urus from UK. And this country is none other than our neighbour country Pakistan, where the condition of car industry is so bad, that the price of a Fortuner has reached 2 crore PKR and still you have to wait for 9 m

onths for that car, and there are some people who are not getting job, and it has happened in last 3-4 years. The price of cars is more than that of India. We say that we are 100 years behind India. We are 700 years behind them! 700 years... There won't be any bigger scandal this one in Pakistan's history! They way they have looted, if you count them... In which if we go back to 1950 National Motors of Pakistan and General Motors of America set up a factory in Pakistan to assemble the trucks and

to fulfill the industrial needs of Pakistan! This year, Ford Motors and Ali Automobiles collaborated to assemble the trucks in Pakistan locally, and by the year 1966 the company set up its factory in Pakistan to manufacture good car parts. But by the year 1970 Pakistani government nationalized all these automobile companies, and set up Pakistani Automobile Corporation to see, whether all these car makers are working in goodness of our public, and manufacturing the cars or not. I don't know, thi

s is Pakistani word or Indian word! I felt like speaking, so I spoke! But after applying so many rules and regulation the Pakistani government understood that we can't grow like this, because their automobile industry was still same even after 20 years! No foreign brand came to manufacture their cars there. In 1999, Pakistani government followed liberalization! Removed its trade barriers, and invited foreign car makers to manufacture their cars locally in Pakistan! So, three major Japanese car m

akers, Toyota, Honda and Suzuki started establishing themselves in Pakistan! Toyota launches its Corolla, Honda launches its Civic, and Suzuki launches its affordable cars, to support Pakistani people. And there is Afzal Motors of Pakistan that takes the truck and assemble locally in Pakistan! If you see, Daewoo trucks are of Tata Motors, so technically, the trucks of Tata Motors are being assembled locally in India, and are being sold there. Tata motors is very cool! In the coming years Pakista

ni automotive industry was growing well, and by the year 2007 the automotive industry was contributing 2.8% of the total GDP. The automotive industry of Pakistan was growing at the rate of 10% p.a. and by the year 2016 Pakistani automotive industry was selling 2.5 lakh cars per year. But the problem was that, out of 2.5 lakh cars, 2.3 lakh cars were of Japanese brands, Toyota, Suzuki and Honda. No one was talking about other car makers. And these Japanese car makers were selling one generation o

ld cars in Pakistan! They were not manufacturing the cars locally in Pakistan just by importing and assembling, and supplying in Pakistan! And were selling at double price as compared to the foreign market. So, in order to improve the competition and to bring little more diversity Pakistan government launched Pakistan auto policy in which the import duty was reduced by 50% and if any car maker set up its factory in Pakistan then there would be 0% import duty on the machinery they would bring! If

a car maker makes the car locally in Pakistan and then makes profit by selling them then there is no issue, they can make profit, without paying the taxes. And the excise duty was reduced by 10% on imported cars so that people get more incentive to buy more cars. And as soon as Pakistan made this policy then almost 12 different car makers got interested to launch their cars in Pakistan! Renault was ready to invest $230 in Pakistan! Kia was ready to invest $190 in Pakistan! Hyundai was ready to

invest $163 in Pakistan! And there were such different car makers who wanted to sell their cars in Pakistan! But it didn't happen! Because even after 4 years only 2 car makers, Hyundai and Kia went there. Hyundai launched its base model of Tuson in Pakistan for 48,00,000 pkr, that is around 24-25 lakhs in India, so that's fine. It's the same price in India. And Kia launched its Sportage for 70 lakhs pkr that is around 30-35 lakhs in India it's little expensive, not an issue. And you must be noti

cing, there is no reflection on my glasses, like before! Because I have upgraded to Hustler series which not just me, but also the CEO of Lenskart has worn, in Shark Tank India. Two big guys are wearing glasses! And it's really comfortable and sturdy! This series is available in 11 different colour options, alongwith power and non-power lenses! I have taken power lenses, in which you get super ultra blue ray protection! So that, because I keep sitting in the front of the screen for whole day so

my eyes won't get damaged. And they will protect my eyes, from the dangerous blue lights of the screen. And my last glasses costed 3000 rupees, these glasses cost just 999 rupees, And they are more comfortable and clear than previous one. And you also can buy this Hustler series, link would be in the description or you can get it from nearby Lenskart store! You can get your eyes tested for free. So go and get Hustler series glasses and become a hustler. And it didn't bring any results, because t

he overall three big Japanese car makers had more than 90% share in the automotive industry of Pakistan people were buying their car more. But then the difference starts coming. In which China and Pakistan inaugurate the China Pakistan economy corridor, in which China will invest around $50 billion in Pakistan and will loot Pakistan and will sell bad products in Pakistan! At that time, Pakistan was feeling, 'Wow, China is very good, they are investing so much money in us'. They didn't know that

they wanted to loot them! And when China introduced this economy corridor, 10 bad car makers of China said that we will sell our cars in China. And if you see in India, competitive Chinese car makers come in India. For example BYD, MG, Haval that gets good sales in China. The car makers that were going to Pakistan were the ones who were not getting sales in China itself. For example, Junpei, Joylong Lifa, BIC, Changan no one buys their cars in China. They wanted to sell their cars in China. And

only 2 of them were able to enter! In which, first of all Changan launched its Alsvin in Pakistan because there was a huge price difference in a sedan and hatchback! So, Alsvin was made to reduce that price difference and to give Pakistanis the fun of a sedan! And if you don't know, before this, the cheapest sedan in Pakistan was Honda City! That used to cost around 30 lakh pkr at that time, which is around 12-13 lakhs in India. There is no such small sedans in Pakistan like there are in India s

uch as Honda Amaze, Tata Tigor! There is no such cars in Pakistan! We Indians are very lucky that we have such a good diversity that every person can buy a car! After that BIC launched its BJ40 for around 40 lakhs pkr which was an offroading oriented SUV. And while doing this, in the year FY2021 the automobile industry of Pakistan grew by 100% as compared to the last year. And people were enjoying the cars. And in one single day around 25k cars were sold, which is the highest till date! But the

problems start coming in year 2022 in which the price of crude oil increase a lot, and the countries that had a lot of debt started facing more problems their forex reserves started depleting. And Pakistan was the biggest victim! Their currency value decreased by 40% in 6 months. The thing that was worth 1 rupees during import was costing 2 rupees there. BIC BJ40 that was launched at a price point of 40 lakh pkr one year ago now its price was 80 lakhs pkr there. Literally, people got very upset.

and in order to save their forex reserves Pakistan government increased the import duty from 10% to 100%. So that people import less cars and their forex reserve deplete less. And by doing this, the price of cars got tripled. Land Cruiser was costing 15 crores pkr, literally 15 crore pkr, it costs around 5 crores, if you see in Indian rupees, it's very expensive. But still if you see, this is not the main thing of Pakistani automotive industry because the cars are very expensive! Let me give yo

u a good proof of this! The price of top end model of Fortuner in Pakistan is 2 crore pkr, this is GR sport version! If you change it to Indian rupees, it's around 60 lakhs in Indian currency! So, this is the same price as it's in India! GR Sport version costs around 60 lakhs in India! The price of Toyota Hylux is around 97 pkr that is almost 28 lakhs pkr! If you see, the price of used cars is same like India. But the Pakistanis face problem because of three main reasons, and they are very big p

roblems. In India, you have to book a car, for example Scorpio then generally the booking amount if 1% of the car value, if the car costs 25 lakhs, then the booking amount will be 25k rupees, it's 50k or 1 lakhs rupees sometimes. It doesn't go beyond that. No matter, how expensive the car is. It never happens that that suppose the car costs 25 lakh rupees, and you are giving 20 lakhs as booking amount, and then you are waiting for 5-6 months for that car. Literally, this happens in Pakistan! In

Pakistan, either you have to pay the car price in front or you have to pay more than half of the price to book your car. And the more you pay the faster you will get the car. If you pay the full amount, you can get the car in around 2 months. If you give half of the price then you will get the car in 6-9 months! And the more you pay the faster you will get the car. And if you want the car instantly then you have to pay 10% more of the car value! It happens because the system of car companies in

Pakistan is very bad! In India, if you book a car the car company manufactures the car, then it is delivered to the dealership you check the car, and then you make the rest payment and buy the car. In Pakistan, the car companies take the full amount from customers, of the car then they manufacture that car in Japan manufacture the parts then they import those parts in Pakistan after importing, they assemble the car in Pakistan and give it to the customer. Due to this, the car companies face no l

oss. They got the whole money in front of that car. By using that money, they can earn interest can do anything. After 5-6 months, they manufacture it in Japan manufacture locally in Pakistan and give to the customers. Due to this, the car companies got so much profit! Neither it's risky that the customer will cancel the car. Cancel the car, we will keep the car. They manufacture their cars in Japan! They don't have any risk of factory! And Pakistani people are suffering due to this. But the big

ger thing is, if you buy a car in India you will get it on finance. The finance rate in India is around 8% that is very reasonable rate. But in Pakistan, you will have to pay 17% finance rate or 18% interest rate on your car, that is extremely high! And what the messed up thing here is, that because you have to give the money infront, then you will pay the interest on 18% interest, you are not paying that for car. Because you haven't got the car yet! Car is yet to come. For now, you have just bo

oked the car! So you will pay the EMIs for 8-9 months for no reason! The car will come after 8-9 months. How bad this thing is. And it gets become expensive for Pakistani people! And they feel very hard to buy the car. And if you see, there is not so big difference in the price of India and Pakistan but because you have to pay so much money infront, and have to wait for so long, so the rich people buy their cars quickly they import whatever car they want to buy without any problem! But a middle-

class person faces many problems. Because obviously, he won't have 50 lakh or 1 crore pkr to buy a car! If he buys the car on finance, he will pay EMIs for 8-9 months without getting the car! And this is an unsolvable situation because whenever the Pakistan government has tried to make some changes in the automotive industry like, they introduced the automotive policy so that the foreign car makers come and set up their factory locally! So initially, everyone said that they have plans of setting

factory in Pakistan but then they saw that Toyota and Hyundai are making so much profits in Pakistan on such a low risk then why shall we set up the factory! Why to expand? We will use the same strategy! Will loot Pakistanis! And the government of Pakistan is fake! I would advice them to sell Indian cars in Pakistan you will get the highest value for money that no other car maker will be able to provide. But your brain is going to work in subscribing the channel! Subscribe the channel and buy t

he Lenskart that I have worn! You will have fun and will get good feeling.