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Hyundai Nishat Motors information


Hyundai Nishat Motor (Private) Limited
Company typeUnlisted public
IndustryAutomotive
Founded2017; 7 years ago (2017)
HeadquartersLahore and Faisalabad in Pakistan
Area served
Pakistan
Key people
Hassan Mansha (CEO)
ProductsAutomobiles
Total equityIncrease Rs. 38.471 billion (US$130 million) (2023)
OwnerSojitz (40%)
Millat Tractors (15.86%)
Adamjee Insurance (10%)
DG Cement (10%)
Nishat Mills (10%)
Security Insurance (10%)
ParentNishat Group
Websitehyundai-nishat.com
Footnotes / references
Financials As of 30 June 2023 [1]

Hyundai Nishat (Urdu: ہیونڈے نشاط) is a Pakistani automobile manufacturer based in Faisalabad, Pakistan.[2][3] It is part of Nishat Group.

Hyundai Nishat is the authorized assembler and manufacturer of Hyundai vehicles in Pakistan and began production from its Faisalabad plant in 2019.[4][5]

  1. ^ "DG Cement Annual Report 2023". Retrieved 24 May 2024.
  2. ^ "HYUNDAI". hyundai-nishat.com.
  3. ^ "PM Abbasi breaks ground on Hyundai-Nishat vehicle assembly plant in Faisalabad". 20 December 2017. Retrieved 9 January 2018.
  4. ^ Haq, Shahram. "Hyundai Nishat Motors raring to go, but hybrid vehicles on the back seat". Retrieved 9 January 2018.
  5. ^ Staff Report (2021-01-05). "Hyundai Pakistan vows to boost production by100pc in Q1CY21". Profit by Pakistan Today. Retrieved 2021-01-05.

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