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Indus Motor Company Limited (Urdu: انڈس موٹر), operating as Toyota Indus, is a Pakistani automobile manufacturer which is a subsidiary of Japanese multinational automaker Toyota Motor Corporation. It is based in Karachi, Pakistan. Founded in 1989, as a joint venture between House of Habib, Toyota Tsusho and Toyota Motors. [1] [2] [3]
There are many large scale industrial companies operating in the area such as Pakistan Steel, Naztr Polymer (plastic bazar), Lotte Pakistan PTA Ltd., Toyota Indus Motors, Pak Suzuki, Engro Polymer, FFC Jordan, Procter & Gamble, Ghandhara Nissan, National Foods, Nestle Pakistan, Fa uji Oil Terminals, Ali Danyal Industries, Gamalux Oleochemicals ...
Toyota Indus's Corolla is the most assembled car in Pakistan. In 2017, 52,874 models were made. The automotive industry in Pakistan is one of fastest-growing industries in the country, growing by 171% between 2014 and 2018. It accounts for 7% of Pakistan's GDP and employed a workforce of over 6.8 million people as of 2024. Pakistan is the 15th ...
Toyota Motor Manufacturing Canada: Cambridge and Woodstock: 1986 Assembles RAV4, Lexus RX and Lexus NX 9,700 Toyota Motor Manufacturing Missouri: Troy, Missouri: 1990 Produces aluminum cylinder heads 900 Toyota Motor Manufacturing Indiana: Princeton, Indiana: 1996 Assembles Highlander and Sienna 7,222 Toyota Motor Manufacturing West Virginia
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]
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion.
Car assemblers such as Pak Suzuki Motors, [73] Toyota Indus, [74] and Honda Atlas Cars, [75] whose production relies completely on parts imported from other countries, shut down assembly plants after they failed to secure letters of credit due to foreign exchange curbs imposed by the government. [76]
The engines are produced by Toyota's Kamigo Plant in Toyota, Aichi, Japan (for Prius, Vitz, ist and Sienta); [2] by Siam Toyota Manufacturing in Chonburi, Thailand (1NZ for Yaris and Vios); [5] [6] and by Indus Motor Company in Karachi, Pakistan (2NZ for Corolla). [5]