26/09/2026
Ali Asghar Jamali is a Pakistani business executive best known as the Chief Executive Officer of Indus Motor Company, the local manufacturer and assembler of TOYOTA vehicles in Pakistan.
He is a Fellow of the Institute of Chartered Accountants of Pakistan and has completed the Advanced Management Program at Harvard University and the Accelerated Management Program at the Wharton School of Business. He joined Indus Motor Company in October 2000, working his way through various departments over more than a decade and a half before being appointed CEO in January 2017.
Under his leadership, Indus Motor Company has taken a distinctive strategic position in Pakistan's auto industry: rather than pursuing fully electric vehicles, the company has committed over $100 million to localizing hybrid electric vehicle production, inaugurating a dedicated hybrid assembly line at its Port Qasim plant in December 2023 to build the Corolla Cross Hybrid. Jamali has publicly argued that "EVs are not practical in Pakistan" given the country's power infrastructure, positioning hybrids as the company's near-term answer to reducing emissions — with an internally stated goal of eventually reaching a 50% hybrid share across its model lineup.
The company has posted strong recent results under his leadership: FY2025 revenue reached Rs. 215.13 billion (~$770 million) on vehicle sales of 33,757 units, up 56% year-on-year, driven substantially by the Yaris facelift launched in July 2024. The momentum continued into the first quarter of FY2026 (July–September 2025), with net sales up 48% year-on-year to Rs. 61.74 billion and profit up 32% to Rs. 6.7 billion.
Beyond Indus Motor Company, Jamali has served as Chairman of the Pakistan Automotive Manufacturers Association, sits on the Managing Committee of the Overseas Investors Chamber of Commerce and Industry, and is a member of the Young Presidents' Organization.
Today, Ali Asghar Jamali is one of the more prominent voices shaping Pakistan's ongoing debate over how the country's auto industry should approach electrification — arguing for a hybrid-first path rather than a rapid EV transition.
