Ghandhara Industries Limited (GIL) (Urdu: گندھارا انڈسٹریز لمیٹڈ), formerly known as National Motors Limited, doing business as Isuzu Pakistan, is a Pakistani truck and buses assembler based in Karachi.[2] It is the authorized assembler of Isuzu vehicles in Pakistan.[3]
 | |
| Company type | Public |
|---|---|
| PSX: GHNI | |
| Industry | Automotive |
| Founded | 1953 |
| Headquarters | Karachi, Sindh, Pakistan |
Area served | Pakistan |
Key people | Ahmad Kuli Khan Khattak (CEO) |
| Products | Trucks and buses |
| Revenue |  Rs. 14.542 billion (US$50 million) (2023) |
| Rs. 1.193 billion (US$4.1 million) (2023) | |
| Rs. 179.424 million (US$620,000) (2023) | |
| Total assets | Rs. 16.495 billion (US$57 million) (2023) |
| Total equity |  Rs. 8.222 billion (US$28 million) (2023) |
Number of employees | 664 (2023) |
| Parent | Bibojee Group (39%) Ghandhara Automobiles Limited (19%) Universal Insurance (6%) |
| Website | gil |
| Footnotes / references Financials as of 30 June 2023[update] [1] | |
The major business activities of the company are progressive manufacturing, assembling and marketing Isuzu trucks and buses at its plant in SITE Town, Karachi.[4]
History
editGhandhara Industries Limited originated from a mobile assembly plant established in Karachi in 1942 to support U.S. military operations.[5] It was incorporated as General Motors Overseas Distribution with the inauguration of a Karachi branch in 1949.[5] 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.[5] 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.[6]
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.[5]
In 1984, the Toyota franchise was transferred to Toyota Indus.[5]
In January 1992, Bibojee Group acquired National Motors Limited for PKR 150 million, under the privatization scheme of the Government of Pakistan.[7][5] The Bibojee companies are owned by the heirs of Habibullah Khan Khattak. In 1999, the company renamed to its original name.[5]
In 2017, Ghandhara Industries made it to 'Forbes Asia's 200 Best Under A Billion list of companies.[8][2]
Products
edit(Double Cab/Pickup Truck)
F series/Isuzu Forward trucks and prime movers
edit
C series/Isuzu Giga trucks and prime movers
edit- Isuzu CYZ
Buses/Coaches
editReferences
edit- ^ "Ghandhara Industries Limited Annual Report 2023". Retrieved 24 May 2024.
- ^ a b Profile of Ghandhara Industries on Forbes.com business website Published 18 July 2018, Retrieved 5 May 2019
- ^ Ghadhara Industries' Jan-Mar profit up 20% Express Tribune 29 April 2017, Retrieved 5 May 2019
- ^ a b c d e f g [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
- ^ a b c d e f g 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
- ^ "Ghandhara Industries | Company Overview & News". Forbes.
- ^ "Ministry of Privatisation - Privatisation Commission".
- ^ 5 Pakistani companies make it to Forbes Asia's 200 Best Under A Billion list (includes Ghandhara Industries) The Express Tribune (newspaper), Published 31 July 2017, Retrieved 5 May 2019
- ^ Ghandhara launches Isuzu pickup The Express Tribune (newspaper), Published 21 February 2019, Retrieved 5 May 2019
- ^ Ghandhara Industries to Launch Isuzu D-MAX in Pakistan pro-Pakistani.pk website, Retrieved 5 May 2019