look news india
A very bad news has come for Pakistan’s bike lovers. The world’s famous Japanese company Yamaha (Yamaha), known for its speed and style on the streets, has decided to cover its entire business in Pakistan. Yes, the company has officially announced that it is closing its company in Pakistan.
This news is a big shock for millions of people who liked Yamaha’s bikes or who already have Yamaha’s bike.
After all, why did Yamaha take this big decision?
The biggest reason behind this decision is Pakistan’s deepening economic crisis. Pakistan’s economy has been going through a very bad phase for a long time. Due to dollar shortage and strict policies of the government, it has become almost impossible for companies to order goods from outside.
The same was happening with Yamaha. Only parts and raw materials required to make bikes were not available to the company. When there are no parts, how will the bike be made? For this reason, the company had to stop its production repeatedly. When there is no production, there will be no sale. Seeing no hope of constantly declining sales and future, the company finally decided to say goodbye to Pakistan.
What will happen next?
The impact of this decision of Yamaha will be seen at many levels:
- Thousands of jobs will go: Due to the closure of the company, the jobs of thousands of employees working there directly will go away.
- Bike owners will increase problems: The time to come is going to be very difficult for those who already have Yamaha’s bike. They will have to struggle a lot to find the original parts of the bike and may also have to wander for service.
- Bad signal for economy: When a big international company leaves a country, it is a very bad sign for the economy of that country. Due to this, other investors are also afraid of investing money there.
Overall, Yamaha’s departure from Pakistan is not just a bike company to go, but it is another proof of Pakistan’s deteriorating economic conditions.
