Karachi, Indus Motor Company Limitedinformed Pakistan Stock Exchange that the Board of Director of the Company have passed a resolution and appointed Mr. Yuji Wagata as Alternate Director to Mr. T. Ezumi with effect from April 01, 2019 in place of Mr. Kenji Sotowa.
Indus Motor Company Limited is a public limited company
incorporated in 1989 in Pakistan. The commercial production by the company
started in May 1993. The company operates as a joint venture between the House
of Habib, Toyota Motor Corporation and Toyota Tsusho Corporation of Japan. The
operations of the company include assembling, manufacturing and marketing of
Toyota and Daihatsu brand automobiles for domestic consumption. The company
deals in the production of passenger cars, SUV’s, four wheel drives and
commercial vehicles. The company deals in the production of passenger cars,
SUV’s, four wheel drives and commercial vehicles. The manufacturing facility is
located in Port Qasim, Karachi. The registered office of the company is also
located in Karachi. The stocks of the company are quoted on the Karachi,
Islamabad and Lahore Stock Exchanges of Pakistan.
The product is delivered nationwide through a strong network of 37 independent dealership spread across Pakistan. The workforce employed by the organization is more than 2000 workers. The production system of the company is built on application of Just-In-Time and Jidoka.
The symbol “INDU” is being used by the stock exchange for the shares of Indus Motor Company Limited.