Curated By: Business Desk
Last Updated: November 03, 2023, 12:32 IST
In India, the worth of Alto vehicles used to vary from Rs 4-5 lakh.
The larger mannequin of Alto – Alto VXR is bought with a price ticket of PKR 26.12 lakh. This worth is an estimated quantity with out the equipment.
Pakistan’s economic system is at present grappling with urgent challenges, prompting the nation to hunt monetary help by means of loans from numerous nations and worldwide organisations. The nation’s forex has additionally skilled a major depreciation lately, and its international reserves stay comparatively low. Just a few months in the past, distressing movies emerged on-line, depicting residents preventing over important grains, offering a stark glimpse into the nation’s struggling economic system. Amid these financial issues, a viral video clip has drawn consideration to the notably excessive costs of Suzuki Alto vehicles in Pakistan, notably compared to neighbouring India and different nations.
Upon investigation and visiting the official Suzuki web site in Pakistan, the claims made within the viral video are substantiated. In Pakistan, Suzuki operates independently to promote its auto vehicles, whereas in India, it collaborates with native companions for gross sales and manufacturing. According to the web site, the bottom mannequin of Suzuki Alto in Pakistan is priced at roughly 22.51 lakh Pakistani rupee. This worth represents the estimated price of the usual mannequin with none extra equipment. In Pakistan, the Alto VX mannequin falls inside this worth vary. Higher variants, such because the Alto VXR, are priced at round 26.12 lakh rupees, and the Alto VXR-AGS mannequin is offered for about 27.99 lakh rupees. The prime-of-the-line mannequin, Alto XL-AGS, carries a price ticket of roughly 29.35 lakh Pakistani rupees.
However, Suzuki Alto vehicles are usually not the only automobiles in Pakistan with elevated worth tags. The WagonR VXR mannequin, for example, instructions a hefty worth of 32.14 lakh rupees, whereas the WagonR VXL mannequin is listed at roughly 34.12 lakh rupees. The highest variant of this automotive is marketed at round 37.41 lakh rupees, excluding any extra equipment.
The steep price of vehicles in Pakistan will be attributed to a number of components, together with the costly labour and excessive import prices of uncooked supplies. Additionally, the forex trade fee of the Pakistani Rupee to the Indian Rupee is notably disparate, with one Indian rupee being equal to a few Pakistani rupees. As a end result, a automotive priced at 22 lakh Pakistani rupees in Pakistan interprets to roughly 6.40 lakh Indian rupees. In India, the price of Alto vehicles usually ranges from Rs 4 to five lakh.