Service Long March Tyres Invests in Pakistan
Analysis based on 7 articles · First reported Apr 09, 2026 · Last updated Apr 10, 2026
The $120 million investment by Service Industries Limited in Pakistan is a positive signal for Pakistan's industrial growth and export potential, particularly in the non-textile sector. This development could attract further foreign direct investment and improve Pakistan's trade balance, positively impacting its economic outlook.
Service Industries Limited announced an additional investment of $120 million in Pakistan, demonstrating confidence in the country's industrial and economic potential. Federal Minister for Commerce Jam Kamal Khan met with Jin Yongsheng, Chairman of Service Industries Limited, to discuss this expansion, export growth, and tariff policy support for Pakistan's tyre industry. The company aims to achieve $70 million in exports by June 2026 and exceed $100 million in the following financial year, positioning it as a leading non-textile exporter in Pakistan. Pakistan has significantly increased its tyre exports to the United States and Brazil, becoming the fifth and seventh-largest exporter to these countries, respectively. This growth is attributed to technology transfer and expertise from Chinese partners. The government of Pakistan reiterated its commitment to supporting export-oriented sectors and diversifying its industrial base, emphasizing the importance of the Pakistan-China industrial partnership.
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