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Linglong Tire had expanded into Thailand in November 2012 under the name Linglong International Thailand. [5] By 2013, the firm's annual production value had reached 20 billion RMB. [5] Linglong Americas, the American arm of the firm, was established in Ohio in 2009. [4] The firm was listed on the Shanghai Stock Exchange in July 2016. [5]
Diamond Tyres [18] Pakistan: 1968 Diamond Group of Industries DMACK UK: 2008 DMACK [19] DMACK Nordic Finland: 2023 Suomi Tyres (formerly Nokian bicycle tires) [20] [21] Fate (company) Argentina: 1940 FATE Federal Corporation Taiwan: 1954 Federal, [22] Hero, Atturo General Tyre Pakistan Pakistan: 1963 General [23] Giti [24] Singapore: 1951
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Bibojee Group was founded by retired military officer Lieutenant General Habibullah Khan Khattak during Ayub Khan administration. Ghandhara Industries Limited was acquired by Gohar Ayub Khan and his father-in-law, Habibullah Khan Khattak from General Motors.
Ghandhara Tyre & Rubber Company Limited (GTR), formerly known as The General Tyre and Rubber Company of Pakistan Limited is a Pakistani tyre manufacturing company based in Karachi, Sindh. [ 2 ] [ 3 ] It has a production capacity of two million tyres per annum with manufacturing plant located in Landhi .
The Pakistani rupee depreciated against the US dollar until around the start of the 21st century, when Pakistan's large current-account surplus pushed the value of the rupee up versus the dollar. Pakistan's central bank then stabilized by lowering interest rates and buying dollars, in order to preserve the country's export competitiveness.
Service Industries Limited, doing business as Servis, is a Pakistani shoes and tire manufacturer which is based in Lahore, Pakistan. [2] [3] Service factories are located in the Pakistani cities of Gujrat, Muridke, Nooriabad, Raiwind, Negombo, Sri Lanka. [3] The company had humble beginnings in 1941.
Pakistan qualified for the popular MSCI Emerging Markets Index in May 2017, an upgrade from Morgan Stanley Capital International's (MSCI) Frontier Market (FM) index. [ 18 ] On 25 May 2017, the KSE-100 index reached the all-time high of 53,124 points, later it tanked to 37,919 points in a matter of seven months.