In a significant development for the country’s auto sector, Ghandhara Industries Limited, a Pakistani auto assembler, has entered into a strategic partnership with Zhongtong Bus Holding Co. Limited, a global bus manufacturer, to introduce Zhongtong luxury buses in Pakistan.
The listed company, involved in progressive manufacturing of Isuzu automobiles, disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Friday.
“The company has formally signed a collaboration agreement with Zhongtong for the introduction and distribution of luxury buses in the Pakistani market,” read the notice.
“This initiative represents a significant milestone in the company’s product portfolio expansion,” it added.
Under the agreement, Ghandhara plans to set up a new bus manufacturing line to assemble Zhongtong’s buses. “This new assembly line will be in addition to the company’s existing bus body fabrication facility, enabling the company to locally assemble/manufacture these buses in Pakistan,” it added.
The company expects to launch Completely Built-Up (CBU) luxury buses in Pakistan starting the 1st Quarter of 2026. Whereas, the local assembly of Zhongtong’s buses at Ghandhara’s facility is scheduled to commence by mid-2026.
The development is subject to regulatory approvals and completion of plant expansion.
Founded in 1958, Zhongtong is a Chinese manufacturer of commercial vehicles, primarily known for its buses, including new energy and energy-saving models. The company is a major player in the global bus market, exporting to several countries.
The Japanese auto giants, including Suzuki, Honda and Toyota, largely dominate Pakistan’s fast-growing auto sector. However, the industry has seen increased competition from new entrants, including companies like Hyundai, Kia, and Sazgar Engineering Works Limited.
Earlier this month, an electric vehicle production plant set up by NexGen Auto, a Pakistani subsidiary of the Nishat Group, began production, months ahead of its planned launch.
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