BASEL: According to TechSci Research report, “Switzerland Tire Market Forecast & Opportunities, 2021”, tire market in Switzerland is forecast to grow at a CAGR of more than 6% during 2016 – 2021 on account of expanding automotive fleet, especially of the passenger car segment in the country. In 2015, the country’s tire market was majorly dominated by the passenger car tire segment, followed by two wheeler and commercial vehicle tire segments. Key reason for continuously rising sales of passenger cars in the country can be attributed to high per capita disposable income. Anticipated increase in small, medium & heavy commercial vehicles is also expected to boost tire sales in the country over the next five years.
Lahore Appraisement foils bid to smuggle goods, items worth Rs1.36b
LAHORE: The Collector of Customs Appraisement West Zahra Haider has foiled a bid to smuggle goods and articles worth Rs1.36...