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Ghandhara Industries Limited

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Isuzu Pakistan
Company typePublic
PSX: GHNI
IndustryAutomotive
Founded1953
HeadquartersKarachi, Sindh, Pakistan
Area served
Pakistan
Key people
Ahmad Kuli Khan Khattak (CEO)
ProductsTrucks and buses
RevenueDecrease Rs. 14.542 billion (US$50 million) (2023)
Decrease Rs. 1.193 billion (US$4.1 million) (2023)
Decrease Rs. 179.424 million (US$620,000) (2023)
Total assetsDecrease Rs. 16.495 billion (US$57 million) (2023)
Total equityIncrease Rs. 8.222 billion (US$28 million) (2023)
Number of employees
664 (2023)
ParentBibojee Group (39%)
Ghandhara Automobiles Limited (19%)
Universal Insurance (6%)
Websitegil.com.pk
Footnotes / references
Financials as of 30 June 2023 [1]

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]

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

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Ghandhara 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

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(Double Cab/Pickup Truck)

2019 Isuzu D-Max Hi-Lander (double cab)

N series/Isuzu Elf trucks

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Isuzu Elf Delivery Truck
  • Isuzu NHR55[4]
  • Isuzu NKR55
  • Isuzu NPR66
  • Isuzu NPS71[4]

F series/Isuzu Forward trucks and prime movers

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Fifth Generation Forward with Tadano Crane
  • Isuzu FTR33
  • Isuzu FVR34/90
  • Isuzu FVZ[4]
  • Isuzu FVZ340 HD
  • Isuzu FTS33H[4]

C series/Isuzu Giga trucks and prime movers

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  • Isuzu CYZ

Buses/Coaches

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  • NKR55 Microbus[4]
  • NPR66 Minicoach
  • MT133/MT134 (Passenger Bus)[4]

References

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  1. ^ "Ghandhara Industries Limited Annual Report 2023". Retrieved 24 May 2024.
  2. ^ a b Profile of Ghandhara Industries on Forbes.com business website Published 18 July 2018, Retrieved 5 May 2019
  3. ^ Ghadhara Industries' Jan-Mar profit up 20% Express Tribune 29 April 2017, Retrieved 5 May 2019
  4. ^ 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
  5. ^ 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
  6. ^ "Ghandhara Industries | Company Overview & News". Forbes.
  7. ^ "Ministry of Privatisation - Privatisation Commission".
  8. ^ 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
  9. ^ Ghandhara launches Isuzu pickup The Express Tribune (newspaper), Published 21 February 2019, Retrieved 5 May 2019
  10. ^ Ghandhara Industries to Launch Isuzu D-MAX in Pakistan pro-Pakistani.pk website, Retrieved 5 May 2019
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