Ghandhara Industries Limited
Pakistani company
From Wikipedia, the free encyclopedia
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. It is the authorized assembler of Isuzu vehicles in Pakistan.
 | |
| Formerly | National Motors Limited (1972–1999) |
|---|---|
| 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$52 million) (2023) |
| Rs. 1.193 billion (US$4.3 million) (2023) | |
| Rs. 179.424 million (US$640,000) (2023) | |
| Total assets | Rs. 16.495 billion (US$59 million) (2023) |
| Total equity |  Rs. 8.222 billion (US$29 million) (2023) |
Number of employees | 664 (2023) |
| Parent | Bibojee Group (39%) Ghandhara Automobiles Limited (19%) Universal Insurance (6%) |
| Website | gil |
| Footnotes Financials as of 30 June 2023[update] [1] | |
The major business activities of the company are progressive manufacturing, assembling and marketing Isuzu trucks and buses at its plant in SITE Town, Karachi.
History
Ghandhara Industries Limited originated from a mobile assembly plant established in Karachi in 1942 to support U.S. military operations.[2] It was incorporated as General Motors Overseas Distribution with the inauguration of a Karachi branch in 1949.[2] Construction of a permanent facility began in 1951 and a facility to assemble trucks and buses began operational on July 4, 1953.[3] In 1956, car production facility with models such as Chevrolet, Bedford, and Vauxhall was added.[2] The facility was shuttered on October 28, 1963, and was acquired by Ghandhara Industries, which later added Holden and Opel (primarily Kadett) models to its production line in the mid-1960s.[4]
In 1972, the Government of Pakistan nationalized Ghandhara Industries and renamed it National Motors Limited. It continued to produce Vauxhalls into the 1970s while ceasing the import of American Chevrolets.[2]
In 1984, the Toyota franchise was transferred to Toyota Indus.[2]
In January 1992, Bibojee Group acquired National Motors Limited for PKR 150.44 million (US$ 24.50 million), under the privatization scheme of the Government of Pakistan.[5][6][2] The Bibojee companies are owned by the heirs of Habibullah Khan Khattak. In 1999, the company was renamed to its original name.[2]
In 2017, Ghandhara Industries made it to 'Forbes Asia's 200 Best Under A Billion list of companies.[7][4]
Products
(Double Cab/Pickup Truck)
N series/Isuzu Elf trucks
- Isuzu NHR55
- Isuzu NKR55
- Isuzu NPR66
- Isuzu NPS71
F series/Isuzu Forward trucks and prime movers
- Isuzu FTR33
- Isuzu FVR34/90
- Isuzu FVZ
- Isuzu FVZ340 HD
- Isuzu FTS33H
C series/Isuzu Giga trucks and prime movers
- Isuzu CYZ
Buses/Coaches
- NKR55 Microbus
- NPR66 Minicoach
- MT133/MT134 (Passenger Bus)