Egypt’s auto industry can take leaps if the correct policies are implemented

Egypt’s auto industry could have taken leaps over the past 60 years had we had the right policy framework in place, Abbas El Tarabily writes for AMAY. He points to the success India has enjoyed in that area, whereby it began its journey in the 1960s as an assembler and eventually managed to manufacture a car made entirely of local components. India did not achieve this feat by chance or with loud statements, but rather by taking decisive action to spur the development of its auto industry, including barring imports of foreign cars, El Tarabily notes. Egypt, by contrast, has yet to learn how to manufacture tuk-tuks, which are far simpler than cars, and still imports their parts to be assembled locally. We need to follow India’s example, he concludes.