Islamabad, April 9, 2026 — Service Long March Tyres (Private) Limited has announced an additional investment of $120 million in Pakistan, reinforcing growing investor confidence in the country’s industrial and export potential. The announcement was made during a high-level meeting between Federal Minister for Commerce Jam Kamal Khan and the company’s Chairman, Jin Yongsheng, along with senior government officials.
The meeting focused on expanding investment, enhancing exports, and strengthening tariff policies to support Pakistan’s rapidly growing tyre industry. Federal Secretary Commerce Jawad Paul and other senior officials were also present during the discussions.
The company revealed that it is on track to achieve tyre exports worth $70 million by June 2026, with projections to exceed $100 million in the next financial year. This milestone would position Service Long March Tyres among Pakistan’s top non-textile exporters in a relatively short period.
Officials highlighted Pakistan’s remarkable progress in global tyre markets, particularly in exports to the United States and Brazil. Pakistan has now emerged as the fifth-largest exporter of tyres to the United States and the seventh-largest to Brazil. This represents a significant shift from minimal market presence just a few years ago.
Industry experts attribute this growth to successful technology transfer and collaboration with Chinese partners, enabling Pakistani manufacturers to meet international quality standards and compete globally.
Federal Minister Jam Kamal Khan acknowledged the concerns raised by industry representatives and reaffirmed the government’s commitment to supporting high-performing export sectors. He stressed the importance of maintaining a balanced tariff policy that promotes local manufacturing while ensuring international competitiveness.
The minister also emphasized the government’s broader strategy to diversify Pakistan’s industrial base by encouraging emerging sectors with strong growth potential. He noted that the tyre industry is becoming a key contributor to non-traditional exports.
During the meeting, the delegation underscored the importance of Pakistan-China industrial cooperation, describing it as a major driver behind the sector’s rapid expansion. The company’s manufacturing facility in Nooriabad was highlighted as a modern and efficient plant employing around 2,000 workers. The facility also incorporates renewable energy solutions, making it one of the more sustainable industrial units in the region.
Both sides agreed to enhance collaboration between the public and private sectors to further strengthen export-led growth and industrial development. The investors expressed optimism about Pakistan’s economic outlook despite global uncertainties and appreciated the government’s continued engagement with businesses.
The meeting concluded with a shared commitment to policy stability, increased investment, and positioning Pakistan as a competitive hub for manufacturing and exports in emerging industries such as tyres.