Ghandhara Industries Limited Explained

Isuzu Pakistan
Type:Public
Foundation:1953
Location:Karachi, Sindh, Pakistan
Key People:Ahmad Kuli Khan Khattak (CEO)
Industry:Automotive
Products:Trucks and buses
Area Served:Pakistan
Revenue Year:2023
Income Year:2023
Net Income Year:2023
Assets Year:2023
Equity Year:2023
Num Employees:664
Num Employees Year:2023
Parent:Bibojee Group (39%)
Ghandhara Automobiles Limited (19%)
Universal Insurance (6%)
Footnotes:Financials [1]

Ghandhara Industries Limited (GIL) (ur|گندھارا انڈسٹریز لمیٹڈ), formerly known as National Motors Limited, doing business as Isuzu Pakistan, is a Pakistani truck and buses assembler based in Karachi. It is the authorized assembler of Isuzu vehicles in Pakistan.[2]

The major business activities of the company are progressive manufacturing, assembling and marketing Isuzu trucks and buses at its plant in SITE Town, Karachi.[3]

History

Ghandhara Industries Limited originated from a mobile assembly plant established in Karachi in 1942 to support U.S. military operations.[4] It was incorporated as General Motors Overseas Distribution with the inauguration of a Karachi branch in 1949.[4] Construction of a permanent facility began in 1951 and a facility to assemble trucks and buses began operational on July 4, 1953. In 1956, car production facility with models such as Chevrolet, Bedford, and Vauxhall was added.[4] The facility was shuttered on October 28, 1963, and was acquired by Ghandhara Industries, which later added Holden and Opel (primarily Kadett) models to its production line in the mid-1960s.[5]

In 1972, the Government of Pakistan nationalized Ghandhara Industries and renamed it National Motors Limited. It continued to produce Vauxhalls into the 1970s while ceasing the import of American Chevrolets.[4]

In 1984, the Toyota franchise was transferred to Toyota Indus.[4]

In January 1992, Bibojee Group acquired National Motors Limited for PKR 150 million, under the privatization scheme of the Government of Pakistan.[6] [4] The Bibojee companies are owned by the heirs of Habibullah Khan Khattak. In 1999, the company renamed to its original name.[4]

In 2017, Ghandhara Industries made it to 'Forbes Asia's 200 Best Under A Billion list of companies.[7] [8]

Products

(Double Cab/Pickup Truck)

N series/Isuzu Elf trucks

F series/Isuzu Forward trucks and prime movers

C series/Isuzu Giga trucks and prime movers

Buses/Coaches

Notes and References

  1. Web site: Ghandhara Industries Limited Annual Report 2023. 24 May 2024.
  2. https://tribune.com.pk/story/1396244/ghandhara-industries-jan-mar-profit-20/ Ghadhara Industries' Jan-Mar profit up 20%
  3. https://markets.ft.com/data/equities/tearsheet/profile?s=GHNI:KAR Profile and stock quote of Ghandhara Industries on Financial Times Retrieved 5 May 2019
  4. https://www.google.com/books/edition/On_a_Global_Mission_The_Automobiles_of_G/y3DODQAAQBAJ?hl=en&gbpv=1&dq=%22Adam+Motor+Company%22&pg=PA1138&printsec=frontcover
  5. Web site: Ghandhara Industries | Company Overview & News. Forbes.
  6. Web site: Ministry of Privatisation - Privatisation Commission.
  7. https://tribune.com.pk/story/1470562/5-pakistani-companies-make-forbes-asias-200-best-billion-list/ 5 Pakistani companies make it to Forbes Asia's 200 Best Under A Billion list (includes Ghandhara Industries)
  8. https://www.forbes.com/companies/ghandhara-industries/#3dd179e61888 Profile of Ghandhara Industries on Forbes.com business website
  9. https://tribune.com.pk/story/1915045/2-ghandhara-launches-isuzu-pickup/ Ghandhara launches Isuzu pickup
  10. https://propakistani.pk/2017/10/11/ghandhara-industries-launch-isuzu-d-max-pakistan/ Ghandhara Industries to Launch Isuzu D-MAX in Pakistan