Ghandhara Ind teams up with UD Trucks to market CBU units

KARACHI: Ghandhara Industries Limited (PSX: GIL) has entered into a strategic partnership with UD Trucks Corporation to market and distribute completely built-up (CBU) units of UD Trucks in Pakistan, according to a material information notice submitted to the Pakistan Stock Exchange (PSX) on Monday.

The company said it has formally signed a collaboration agreement with UD Trucks covering the import and distribution of the Japanese truck manufacturer’s vehicles in the Pakistani market.

Ghandhara Industries expects to commence the import and distribution of UD Trucks in Pakistan from the first quarter of calendar year 2027.

The company described the agreement as a significant step in expanding its product portfolio and said the initiative is expected to contribute positively to its future growth prospects.

The disclosure was made in accordance with Clause 5.6.1 of the PSX Rule Book and Sections 96 and 131 of the Securities Act, 2015.

The company did not disclose the number of UD Trucks it plans to import, the models to be introduced, investment involved in the arrangement, or projected sales and financial contribution from the partnership.

Ghandhara Industries is currently associated with the Isuzu brand in Pakistan. The latest agreement with UD Trucks will add another global truck brand to its commercial vehicle portfolio, with distribution expected to begin next year.

Copyright Business Recorder, 2026