KARACHI – Indus Motor Firm (IMC) on 28th Could 2022 introduced a landmark achievement of getting produced a million autos because it started mass manufacturing again in 1993.
The one-millionth unit, a Toyota Corolla Grande, was lined off on the firm’s plant at Karachi, amidst a lot fanfare. The celebration was attended by over 4,000 workers and representatives from Toyota, which included Yoshiki Konishi, present Govt Advisor & President-elect, Toyota Daihatsu Engineering & Manufacturing, (TDEM) from June 2022.
Practically three a long time in the past, the primary Toyota Corolla was lined off which right this moment stands proudly displayed on the firm’s headquarters. From producing 20 simply over 7,000 items yearly and a single mannequin (Corolla) again in 1993 to over near 80,000 items a 12 months and 4 fashions right this moment, IMC has come a great distance.
Since graduation of business manufacturing, the corporate has to this point, cumulatively produced 761,700 Corolla, 45,400 Yaris, 111,900 Hilux and Fortuner, below the Toyota badge while 81,000 Cuore with the Daihatsu badge.
IMC has performed a pivotal function within the nation’s economic system, since its incorporation in 1989, laying the inspiration of vehicle business in Pakistan and growth of an area engineering base, main the way in which in direction of localization.
IMC’s contribution might be ascertained from the corporate’s full worth chain that right this moment consists of half makers supplying over Rs 270 million value of components each working day to supply one of the best in school Toyota autos for Pakistan, offered by a rising community of 52 authorised dealerships throughout the nation.
Congratulating the IMC crew, Mr Konishi expressed, “For the last 3 decades, our Team Toyota Pakistan has constantly striven to exceed our customers’ expectations by making high quality, reliable and safe vehicles that met all challenges with great success, growing from strength to strength in making Toyota the leading & trusted brand in Pakistan. Your leadership & pursuit to support the development of the local auto manufacturing industry is commendable. I am sure this helps our effort to create more and more Toyota fans in Pakistan. We are fully convinced Pakistan market has a great potential and we have high expectations of IMC.”
Expressing himself, the corporate’s Chairman, Mohamedali R Habib mentioned, “Toyota & Japan have remained the most committed partners for Pakistan and very recently, we celebrated the 70th anniversary of the establishment of the country’s diplomatic relations with Japan. We value our relationship and send our warmest wishes to the people of Japan. The level of localization we have achieved would not have been possible without the constant support and endeavors of our partners. I would like to congratulate each and every individual on my team for achieving this milestone and many more to follow, Inshallah, together.”
“Alhamdolillah, today is a proud, yet a very humbling moment for all of us at IMC. It’s the realization of a dream envisioned by our late Chairman, Ali Habib. The past 30 years have been a journey of crests and troughs, but what has seen us through is the resilience, persistence and commitment to quality that has helped us reach this far. We are proud of our contributions to the auto industry and the country’s economy,” mentioned Chief Govt, IMC, Ali Asghar Jamali.
Commenting on the longer term outlook, he added, “IMC has invested US$30 million on upgrading the plant and gearing up to expand production capacity to 76,000 units annually by November this year. Our people are our biggest strength by far and I am very grateful and thank them for their dedication. We are surely blessed with the best people, dealers, suppliers and a powerful brand and of course, our loyal customers whom I want to especially thank for patronizing us over the years. Like we say at Toyota, we don’t make customers for life, we make customers for generations.”
In September 2021, IMC introduced an over US$100 million funding for the native manufacturing of Hybrid Electrical Autos in Pakistan and the localization of parts, plant enlargement and manufacturing preparation for the primary HEV to be manufactured at IMC plant.