Cement Giant Enters Automotive Sector

Bestway Cement Limited, one of Pakistan’s largest cement manufacturers, has announced its entry into the automotive sector with the launch of a new private limited company. The decision was made during a Board of Directors meeting on September 19, 2025, and formally shared with the Pakistan Stock Exchange (PSX) on Monday.

The company plans to establish a wholly owned subsidiary to explore new business and investment opportunities in Pakistan’s automobile industry. As per the PSX filing, the board approved equity investment of up to Rs4 billion in the new company along with a shareholder loan facility of up to Rs6 billion, subject to shareholder approval under the Companies Act, 2017, and related regulations.

In its notice to PSX, the company stated that the move is aimed at positioning itself for growth in the country’s rapidly expanding auto market.

The timing of the decision aligns with encouraging industry trends. During the first two months of FY2025-26, car sales rose by 40.06 percent while production surged by 100.93 percent compared to the same period last year. Between July and August, sales climbed to 17,192 units from 12,274, while production jumped from 11,171 units to 22,446.

By entering the automotive sector, the cement giant is diversifying its portfolio and aiming to capture opportunities in one of Pakistan’s fastest-growing industries.