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Indus Motor Company Limited, 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]
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 ...
Chairman of Indus Motors Company (2009 - 2020), Founding chairman of Young Presidents Organisations (YPO), chairman of the Pakistan Business Council Ali Suleman Habib (1956 – 17 April 2020) [ 1 ] was a Pakistani businessman who served as chairman of Indus Motors Company from 2009 to 2020.
In 1984, the Toyota franchise was transferred to Toyota Indus. [5] 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. [7] [8] [5] The Bibojee companies are owned by the heirs of Habibullah Khan Khattak. In 1999, the company was ...
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.
Formerly the chief global economist at Ford Motor Co., Hughes-Cromwick knows firsthand the importance of government data to operating an automobile manufacturer.
The Bin Qasim Industrial Zone is one of the largest industrial areas in Karachi, Sindh, Pakistan. It consists of more than 25,000 acres of land in the Port Qasim (Bin Qasim) town area. Contained within this zone are many industrial units, ranging from medium to large in employment volume.
A 20-year-old man has been arrested on suspicion of fatally hitting an 8-month-old baby with his car after he allegedly left the child on the road following an argument with a female passenger.