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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 km 2) manufacturing plant at Port Qasim Industrial Zone, outside ...
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 ...
Dewan Farooque Motors Company Limited was incorporated in December 1998 by Dewan Yousuf Farooqui to assemble Hyundai and Kia vehicles in Pakistan. [2] This followed an earlier introduction of Kia cars in 1994 by Naya Daur Motors, which reportedly collected around Rs 800 million in booking fees from approximately 16,000 customers but delivered only a limited number of vehicles before its collapse.
Toyota added a new sedan called the Toyota Scepter, with the major difference being a front-wheel-drive powertrain. Styling of this generation showed a corporate similarity to the Toyota Windom, which was exclusive to Toyota Corolla Store locations. The Mark II sedans (and X70 wagons and vans) were planned to sell about 14,000 units per month ...
China lent Pakistan further 700 million dollars to shore up Forex reserves. [49] Pakistan's Consumer price index (CPI) further jumped to 31.5%, the highest annual rate in 50 years. [50] Also Fitch downgrades Pak's sovereign credit rating from CCC+ to CCC-. The New York-based ratings agency warned that a default could be a "real possibility". [51]
The current tallest building in Pakistan is the Bahria Icon Tower in Karachi. The 62-floor building rises to 300 m (980 ft) [1] [2] Many of Pakistan's tallest buildings are located in Karachi, including: Habib Bank Plaza, built in 1963 in Karachi, was the first high-rise and the tallest building in Pakistan. It stands 102 m (335 ft) tall with ...
As of the 2023 Census, there are two megacities, ten million-plus cities, in Pakistan. 128 cities having a population of 100,000 or more. Of these 128 cities, 81 are located in the country's most populous province, Punjab , 23 in Sindh , 13 in Khyber Pakhtunkhwa , 8 in Balochistan , two in Azad Kashmir , and one is the Islamabad Capital ...
The national debt of Pakistan (Urdu: قومی قرضہ جاتِ پاکستان), or simply Pakistani debt, is the total public debt, [1] or unpaid borrowed funds carried by the Government of Pakistan, which includes measurement as the face value of the currently outstanding treasury bills (T-bills) that have been issued by the federal government.