Indus Motors Company
Public (Joint venture) | |
Traded as | KSE: INDU |
Industry | Automotive |
Founded | 1 July 1990 |
Headquarters | Karachi, Pakistan |
Key people | Mr. Ali S. Habib, Chairman |
Products | Automobiles |
Revenue | ₨96.516 billion (US$950 million) (2015)[1] |
₨14.184 billion (US$140 million) (2015)[2] | |
₨9.11 billion (US$89 million) (2015)[2] | |
Total assets | ₨50.399 billion (US$490 million) (2015)[2] |
Total equity | ₨24.036 billion (US$240 million) (2015)[2] |
Parent | Toyota Motor Corporation, Toyota Tsusho Corporation, House of Habib |
Website |
www |
The Indus Motor Company Limited (IMC) is a joint venture between the House of Habib, Toyota Motor Corporation, Japan (TMC), and Toyota Tsusho Corporation, Japan (TTC) for assembling, progressive manufacturing and marketing of Toyota vehicles in Pakistan since July 1, 1990. Indus Motor Company are Manufacturers, assemblers, distributors and importers of Toyota and Daihatsu vehicles, spare parts and accessories in Pakistan.
The company was incorporated in Pakistan as a public limited company in December 1989 and started commercial production in May 1993. The shares of company are quoted on the stock exchanges of Pakistan. Toyota Motor Corporation and Toyota Tsusho Corporation have 25% stake in the company equity. The majority shareholder is the House of Habib.
IMC's production facilities are located at Port Bin Qasim Industrial Zone near Karachi in an area measuring over 105 acres (0.42 km2).
Indus Motor company's plant is the only manufacturing site in the world where both Toyota and Daihatsu brands are being manufactured. But now they have discounted all the Daihatsu vehicles in Pakistan.
Heavy investment was made to build its production facilities based on state of the art technologies. To ensure highest level of productivity world-renowned Toyota Production Systems are implemented.
IMC's Product line includes 6 variants of the newly introduced Toyota Corolla, Toyota Hilux Single Cabin 4x2. They also have a wide range of imported vehicles.
Management team
Chairman Mr. Ali S. H Mr. T. Azuma
Chief Executive Officer Mr. Parvez Ghias
Chief Operating Officer Mr. Ali Asghar Jamali
Manufacturing Mr. Matsuo Sr. Director
Technical Mr. Tariq A Khan Sr. Director
Sr. General Manager
Customer & Corporate Engagement Mr. Taimur Ahmad General Manager
Information Technology Mr. Faizan Mustafa - Chief Information Officer
Finance Mr. Ibadullah - Chief Financial Officer
Human Resource Mr. Faisal Muneeb Khan Sr. General Manager
Internal Audit Mr. Ahmed Waseem - Chief Internal Auditor
Product line
Toyota locally assembled line-up
Imported vehicles
See also
References
- ↑ Financial Results: Indus Motor Company "Financial Results 2015" Check
|url=
value (help) (PDF). June 2012. Retrieved October 2013. Check date values in:|access-date=
(help) - 1 2 3 4 Balance Sheet: Indus Motor Company "Balance Sheet 2015" Check
|url=
value (help) (PDF). June 2012. Retrieved October 2013. Check date values in:|access-date=
(help)
External links
- Indus Motor Company Limited
- Indus Motor on Asia's 200 Best Under A Billion 2007
- Toyota Global (English)