Pakistan’s leading car assembler, Indus Motor Company (IMC), announced a four-day plant shutdown due to “hurdles in import and clearance of consignments”. The company, in a notice sent to the Pakistan Stock Exchange (PSX), revealed that the production plant would be completely shut down from March 24 to March 27 (both days inclusive). The IMC management mentioned that the company and its vendors faced hurdles in the import of raw materials and receiving clearance of their consignments from commercial banks.
