Ghandhara Industries Limited
Pakistani company
 | |
| Company type | Public |
|---|---|
Traded as | 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) | |
Net income | 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) |
| Owner | Bibojee Services Limited (39.16%) Ghandhara Automobiles Limited (19.09%) Universal Insurance (5.56%) |
Number of employees | 664 (2023) |
| Parent | Bibojee Group |
| Website | gil |
| Footnotes / references Financials As of 30 June 2023[update] [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 S.I.T.E., Karachi.[4]
History
Ghandhara Industries Limited was established in Karachi by the General Motors Overseas Distribution in 1953.
In February 1963, the company was acquired by Habibullah Khan Khattak who renamed it Ghandhara Industries Limited.[2][5]
In 1972, the government nationalized Ghandhara Industries and renamed it National Motors Limited. The company's franchises Bedford Vehicles and Toyota produced buses and cars.[6]
In 1984, the Toyota franchise was transferred to Toyota Indus.[6]
In January 1992, Bibojee Services acquired National Motors Limited for PKR 150 million, under the privitization scheme of the Government of Pakistan.[7][6] The Bibojee companies are owned by the heirs of Habibullah Khan Khattak.
In 1999, the company renamed to its original name.[6]
In 2017, Ghandhara Industries made it to 'Forbes Asia's 200 Best Under A Billion list of companies.[8][2]
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
- Isuzu CYZ
Buses/Coaches
See also
References
- ^ "Ghandhara Industries Limited Annual Report 2023". Retrieved 24 May 2024.
- ^ a b c Profile of Ghandhara Industries on Forbes.com business website Published 18 July 2018, Retrieved 5 May 2019
- ^ Ghadhara Industries' Jan-Mar profit up 20% The Express Tribune (newspaper), Published 29 April 2017, Retrieved 5 May 2019
- ^ a b c d e f g Profile and stock quote of Ghandhara Industries on Financial Times (UK business newspaper) Retrieved 5 May 2019
- ^ "Ghandhara Industries | Company Overview & News". Forbes.
- ^ a b c d imedia.com.pk, Interactive Media Pakistan-. "Welcome". gil.com.pk.
- ^ "Privitization of the National Motors Limited".
- ^ 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
External links
- Official website
- v
- t
- e
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