| Company type | Corporate group |
|---|---|
| PSX: BNWM PSX: GAMON PSX: GAL PSX: GHNI PSX: GTYR PSX: JDMT PSX: UVIC | |
| Founded | 1963; 63 years ago (1963) |
| Founders | Gohar Ayub Khan Habibullah Khan Khattak |
| Headquarters | , Pakistan |
| Subsidiaries | Ghandhara Automobiles Limited Ghandhara Industries Limited Ghandhara Tyre |
| Website | bibojee |
Bibojee Group (Urdu pronunciation:[biː.boˈdʒiː]bee-bo-JEE) is agroup of companies headquartered inKarachi. It is among the major enterprises inPakistan, incorporating businesses in manufacturing – textiles, automotive vehicles, tyres, insurance, and construction industries.[1][2]
Bibojee Group was founded by retired military officer Lieutenant GeneralHabibullah Khan Khattak duringAyub Khan administration.Ghandhara Industries Limited was acquired byGohar Ayub Khan and hisfather-in-law, Habibullah Khan Khattak fromGeneral Motors. In August 1969, following the political overthrow of Gohar Ayub's father,Ayub Khan, he sold all his shares in the company to theNational Investment Trust and theInvestment Corporation of Pakistan.[3] The subsequent nationalization of Gandhara Industries in 1973 was viewed by some as a move against Gohar Ayub's interests, possibly serving as political retribution.[3] Additional acts of perceived political vengeance included the cancellation of the government's sale of Bannu Sugar Mills and Sutlej Textile Mills to Bibojee Group during the waning days of martial law.[3]
In 1970, Bibojee Group established Ghandhara Diesels Limited, focused on manufacturing and selling diesel engines under theBedford brand for trucks and tractors.[4] The company was nationalized in 1972 and was later renamed as Bela Engineers Limited.[4] The following year, it was listed on theKarachi Stock Exchange.[4]