Atlas Autos (Private) Limited has inaugurated its D I D’s assembly plant established under technical collaboration with DAIDO Kogyo Co. Ltd., Japan – known as a technical innovator in the chain drive market – to assemble chain drives and CAM chains for Honda motorcycles. Atlas Honda will team up with Daido Kogyo and the two companies will produce quality products by utilizing Atlas Group’s abundant business expertise in the country and DAIDO’s technologies for motorcycle chains, to produce products that meet the market needs in Pakistan. The new company has planned to invest US $20 Million in Pakistan over a period of three years. Aamir H Shirazi, President Atlas Group, Hirofumi Araya, Vice President DAIDO and Yuji Tokita, Councilor for Economic Affairs Embassy of Japan were the Chief Guests of the inauguration ceremony
Suhail Ahmed, CEO Atlas Autos Limited has also signed a memorandum of understanding (MoU) with Hirofumi Araya, Vice President DAIDO Kogyo for studying and establishing a Joint venture in Pakistan.