Hyundai Nishat Motor (Private) Limited announced its mass production at the assembly plantin FIEDMC, M3 Industrial Estate, Faisalabad.
With an annual production capacity of up to 15,000 units per annum in its initial phase, Hyundai’s manufacturing plant is now fully operational.
Hyundai Nishat Motor (Private) Limited (Hyundai Nishat) known as a Nishat Group company. It is a joint venture among three leading international businesses name as Nishat Group, Sojitz Corporation (Japan) and Millat Tractors Ltd.
Hyundai Motor Company (Korea) has partnered with Hyundai Nishat for the manufacturing, marketing and distribution of Hyundai’s product line in Pakistan. Hyundai Nishat is the leading auto manufacturers in Pakistan in the coming years to align its track record with other sister concerns of the Nishat Group.
The Start of Production of Hyundai Nishat Motor takes place just two years after the ground breaking in December 2017. The HNMPL plant is the new production home for Hyundai’s first ‘Make in Pakistan’ product, the Porter H-100 Pickup, with other exciting range of models to follow in near future.
Chief Operating Officer HNMPL Mr. Tatsuya Sato said on the occasion that “We are proud to open our new production facility in Pakistan”. Now fully in operation, our new plant allows us to serve the transportation requirements of Pakistan’s market, with world class Hyundai’s Product line that enjoys a strong legacy in the local market. In the longer run, we aim to make it a vital part of our global production network.