KARACHI – Pakistani auto car giants Indus Motor Company and Ghandhara Tyre & Rubber Company Limited announced to stop production from 27th to 29th November 2024 as supplies dried out.
These two major companies announced temporary suspensions of their production activities due to plethora of challenges, including material shortages and operational adjustments.
In a statement to Pakistan Stock Exchange (PSX), it is currently facing significant shortages of raw materials and components, exacerbated by disruptions in its supply chain.
These challenges impacted company’s ability to meet production requirements as the company decided to temporarily halt operations at its production facility from November 27 to November 29, 2024.
Besides Toyota, Ghandhara automobiles also announced temporary shutdown from November 27 to December 2, 2024, due to planned maintenance work on its utility line. The company noted that this shutdown would not affect its sales, as its regional offices would remain operational, and it would resume full production once the work is completed.
Both companies are navigating difficulties posed by the economic environment and supply chain issues, which have affected various industries in Pakistan.
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