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Company type | Public ( Joint venture) |
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PSX: INDU | |
Industry | Automotive |
Founded | 1 July 1990 |
Headquarters |
Port Qasim, , Pakistan |
Area served | |
Key people |
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Products | Automobiles |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Owner |
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Number of employees | 3,129 (2023) |
Parent | |
Website |
toyota-indus |
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]
Indus Motor is the authorized assembler and manufacturer of Toyota and Daihatsu vehicles, auto parts and accessories in Pakistan since 1 July 1990 at its 109.5 acres (0.443 km2) manufacturing plant at Port Qasim Industrial Zone, outside Karachi. [4]
Indus Motor Company was incorporated as a public limited company in December 1989 and was listed on the Karachi Stock Exchange in 1992. [5] The company started its commercial operations in March 1993. [2]
In March 2000, the company started production of the L500 series Daihatsu Mira in Pakistan which was locally sold as the Daihatsu Cuore and featured an 850-cc engine. [6]
In 2008, Toyota acquired 9.83 million shares from Overseas Investors AG and general public at the price of Rs. 370 (equivalent to Rs. 1,900 or US$6.50 in 2021) per share. [7]
In January 2012, the company halted production of the L500 series Daihatsu Cuore in Pakistan. [8]
Former Chairman of Indus Motor Company Ltd, Ali Suleman Habib died on 18 April 2020. [9]
In May 2023, Toyota Indus announced that the Corolla Cross Hybrid would be locally assembled in Pakistan. [10]
Toyota Indus started exporting automotive parts to Toyota Egypt in July 2023. [11]
After an investment of over $100 million, the company inaugurated its hybrid electric vehicle assembly line on 6 December, 2023. [12] Following the inauguration of the assembly line, the company commenced the production of the Corolla Cross Hybrid, making it Toyota's first hybrid electric vehicle to be assembled in Pakistan. [13]
Year ended | Revenue (PKR million) | Operating income (PKR million) | Net income (PKR million) | Total assets (PKR million) | Total equity (PKR million) |
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30 June 2010 [14] | ![]() |
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30 June 2011 [14] | ![]() |
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30 June 2012 [14] | ![]() |
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30 June 2013 [14] | ![]() |
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30 June 2014 [14] | ![]() |
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30 June 2015 [15] | ![]() |
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30 June 2016 [16] | ![]() |
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30 June 2017 [17] | ![]() |
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30 June 2018 [18] | ![]() |
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30 June 2019 [19] | ![]() |
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30 June 2020 [20] | ![]() |
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30 June 2021 [21] | ![]() |
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30 June 2022 [22] | ![]() |
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30 June 2023 [23] | ![]() |
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Toyota Indus sells two different types of vehicles; complete knock-down kits ( CKD) which are locally assembled at their plant in Karachi and completely built units (CBU) which are imported from the Toyota plants in Japan or Thailand, depending on the vehicle.
![]() | |
Company type | Public ( Joint venture) |
---|---|
PSX: INDU | |
Industry | Automotive |
Founded | 1 July 1990 |
Headquarters |
Port Qasim, , Pakistan |
Area served | |
Key people |
|
Products | Automobiles |
Revenue | ![]() |
![]() | |
![]() | |
Total assets | ![]() |
Total equity | ![]() |
Owner |
|
Number of employees | 3,129 (2023) |
Parent | |
Website |
toyota-indus |
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]
Indus Motor is the authorized assembler and manufacturer of Toyota and Daihatsu vehicles, auto parts and accessories in Pakistan since 1 July 1990 at its 109.5 acres (0.443 km2) manufacturing plant at Port Qasim Industrial Zone, outside Karachi. [4]
Indus Motor Company was incorporated as a public limited company in December 1989 and was listed on the Karachi Stock Exchange in 1992. [5] The company started its commercial operations in March 1993. [2]
In March 2000, the company started production of the L500 series Daihatsu Mira in Pakistan which was locally sold as the Daihatsu Cuore and featured an 850-cc engine. [6]
In 2008, Toyota acquired 9.83 million shares from Overseas Investors AG and general public at the price of Rs. 370 (equivalent to Rs. 1,900 or US$6.50 in 2021) per share. [7]
In January 2012, the company halted production of the L500 series Daihatsu Cuore in Pakistan. [8]
Former Chairman of Indus Motor Company Ltd, Ali Suleman Habib died on 18 April 2020. [9]
In May 2023, Toyota Indus announced that the Corolla Cross Hybrid would be locally assembled in Pakistan. [10]
Toyota Indus started exporting automotive parts to Toyota Egypt in July 2023. [11]
After an investment of over $100 million, the company inaugurated its hybrid electric vehicle assembly line on 6 December, 2023. [12] Following the inauguration of the assembly line, the company commenced the production of the Corolla Cross Hybrid, making it Toyota's first hybrid electric vehicle to be assembled in Pakistan. [13]
Year ended | Revenue (PKR million) | Operating income (PKR million) | Net income (PKR million) | Total assets (PKR million) | Total equity (PKR million) |
---|---|---|---|---|---|
30 June 2010 [14] | ![]() |
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30 June 2011 [14] | ![]() |
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30 June 2012 [14] | ![]() |
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30 June 2013 [14] | ![]() |
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30 June 2014 [14] | ![]() |
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30 June 2015 [15] | ![]() |
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30 June 2016 [16] | ![]() |
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30 June 2017 [17] | ![]() |
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30 June 2018 [18] | ![]() |
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30 June 2019 [19] | ![]() |
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30 June 2020 [20] | ![]() |
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30 June 2021 [21] | ![]() |
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30 June 2022 [22] | ![]() |
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30 June 2023 [23] | ![]() |
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Toyota Indus sells two different types of vehicles; complete knock-down kits ( CKD) which are locally assembled at their plant in Karachi and completely built units (CBU) which are imported from the Toyota plants in Japan or Thailand, depending on the vehicle.