Ghandara Nissan to revive production
KARACHI: Ghandhara Nissan Limited is set to restart production of Datsun passenger cars in Pakistan after getting Category-B (Brownfield Investment) status under the Automotive Development Policy 2016-21, a bourse filing said on Thursday.
The company’s scrip surged 4.9 percent at the bourse trading as the market estimates investment of around $200 million.
Ghandhara Nissan was incorporated on August 8, 1981 in Pakistan as a private limited company and was later converted into a public limited company on May 24, 1992.
It started vehicle production in December 1996, but after about 14 years its production activities came to a halt. Its car assembly plant has remained inactive since 2010. The company posted a net profit of Rs409.96 million for the year ended December 31, 2017.
-
Savannah Guthrie Mom Update: Unexpected Visitors Spark Mystery Outside Nancy's Home -
Elle Fanning Shares Detail About Upcoming Oscars Night Plan With Surprise Date -
Demi Lovato Spills Go-to Trick To Beat Social Anxiety At Parties -
Benny Blanco Looks Back At The Time Selena Gomez Lost Her Handrwritten Vows Days Before Wedding -
Naomi Watts Reveals Why She Won't Get A Facelift In Her 50s -
Travis Kelce's Mom Donna Fires Back At Critic With Sarcastic Reply After Body Jab -
Kendall Jenner Gets Candid About Her Differences With The Kardashian Clan Over Style Choices -
Sam Altman Opens Up About OpenAI, Anthropic, Pentagon Conflict -
Brenda Song Confesses Fascination With Conspiracy Theories -
Lunar Eclipse 2026: Time, Date, Sighting Locations, Know Every Detail -
Death Toll Climbs To 54 As Floods Wreck South-eastern Brazil -
Katie Price Drops Bombshell Plan To Cash In On Marriage -
Ryan Gosling Shares How Daughters' 'honest' Feedback Keeps Him Grounded -
Neve Campbell Explains Why She Avoids Watching Scary Movies As She Returns To 'Scream 7' -
Milan Tram Crash Leaves Two Dead, 39 Injured -
Timothee Chalamet Touches On His Personality's Relatability With 'Marty Supreme' Role