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]
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]
(Double Cab/Pickup Truck)