Ghandhara Tyre


Ghandhara Tyre & Rubber Company Limited , formerly known as The General Tyre and Rubber Company of Pakistan Limited is a Pakistani tyre manufacturing company based in Karachi, Sindh. It has a production capacity of two million tyres per annum with manufacturing plant located in Landhi.
WWW gtr.com.pk

History

Ghandhara Tyre & Rubber Company Limited was founded in 1963 as General Tyre & Rubber Company by General Tire International Corporation to build a plant at a cost of US$4 million. A plant was built in Landhi, Karachi on a 25-acre plot which commenced its production in 1964 with a total capacity of 120,000 tyres 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. In 1985, the company completed a major expansion, increasing its capacity to 600,000 tyres annually.
In 1987, Continental AG acquired the General Tire International Corporation which made it 10% owner in General Tyre Pakistan.
In 2021, it was renamed as GTR. In April 2021, GTR began manufacturing tyres for sports utility vehicle.