General Tyre
   HOME

TheInfoList



OR:

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 Karachi is the capital city of the Administrative units of Pakistan, province of Sindh, Pakistan. It is the List of cities in Pakistan by population, largest city in Pakistan and 12th List of largest cities, largest in the world, with a popul ...
,
Sindh Sindh ( ; ; , ; abbr. SD, historically romanized as Sind (caliphal province), Sind or Scinde) is a Administrative units of Pakistan, province of Pakistan. Located in the Geography of Pakistan, southeastern region of the country, Sindh is t ...
. It has a production capacity of two million
tyres A tire (North American English) or tyre (Commonwealth English) is a ring-shaped component that surrounds a wheel's rim to transfer a vehicle's load from the axle through the wheel to the ground and to provide traction on the surface over w ...
per annum with manufacturing plant located in
Landhi Landhi () is a residential neighbourhood and industrial municipality in the eastern part of Karachi, Pakistan. It is bordered by Faisal Cantonment and Shah Faisal Colony to the north across the Malir River, Bin Qasim Port to the south and ...
.


History

Ghandhara Tyre & Rubber Company Limited was founded in 1963 by General Tire International Corporation (GTIC) at
Landhi Landhi () is a residential neighbourhood and industrial municipality in the eastern part of Karachi, Pakistan. It is bordered by Faisal Cantonment and Shah Faisal Colony to the north across the Malir River, Bin Qasim Port to the south and ...
,
Karachi Karachi is the capital city of the Administrative units of Pakistan, province of Sindh, Pakistan. It is the List of cities in Pakistan by population, largest city in Pakistan and 12th List of largest cities, largest in the world, with a popul ...
on a 25-acre plot and commenced its production in 1964 with a total capacity of 120,000
tyres A tire (North American English) or tyre (Commonwealth English) is a ring-shaped component that surrounds a wheel's rim to transfer a vehicle's load from the axle through the wheel to the ground and to provide traction on the surface over w ...
per annum. GTIC sold 90 percent of its shares to the present owners, M/s Bibojee Services Ltd., in 1977 and retained 10 percent ownership. In 1982, the company was listed on the
Karachi Stock Exchange The Pakistan Stock Exchange (PSX), founded as Karachi Stock Exchange (KSE), is a stock exchange based in Karachi, Pakistan. PSX was classified by MSCI as a Frontier markets, frontier market on 8 September 2021. Pakistan Stock Exchange was fou ...
. In 1985, the company completed a major expansion, increasing its capacity to 600,000 tyres annually.
Continental AG Continental AG, commonly known as Continental and colloquially as Conti, is a German multinational automotive parts manufacturing company. Headquartered in Hanover, Lower Saxony, it is the world's third- largest automotive supplier and the fo ...
,
Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...
's tyre manufacturer purchased GTIC in 1987 and thus became 10 percent owners in GTR. Continental provides technical assistance to General Tyres and Rubber. The brand name "GENERAL" is part of
Continental AG Continental AG, commonly known as Continental and colloquially as Conti, is a German multinational automotive parts manufacturing company. Headquartered in Hanover, Lower Saxony, it is the world's third- largest automotive supplier and the fo ...
. In 2021, it was renamed as GTR. In April 2021, GTR began manufacturing tyres for
sports utility vehicle A sport utility vehicle (SUV) is a car classification that combines elements of road-going passenger cars with features from off-road vehicles, such as raised ground clearance and four-wheel drive. There is no commonly agreed-upon definitio ...
.


References

{{Automotive industry in Pakistan Tyre manufacturers of Pakistan Manufacturing companies based in Karachi Manufacturing companies established in 1963 Companies listed on the Pakistan Stock Exchange 1977 mergers and acquisitions 1980s initial public offerings Pakistani companies established in 1963