The creation of the Komodo first started on October 26, 2011 when President Yudhoyono personally visited a PT Indonesian Aerospace weapon system exhibition. During his visit, he gave a challenge to Pindad's Product Development Team to make an indigenous 4×4 tactical vehicle. Pindad's Special Vehicle Division technicians bore the responsibility to make the said vehicle. In the course of developing the vehicle, Pindad looked at other armored tactical vehicles that were being produced and sold such as the Armored Multi-Purpose Vehicle, the Nexter Aravis and the Sherpa Light family. During the visit, PT Pindad president Adik Aviantono Sudarsono was told to prepare on the production process of the vehicle when President Yudhoyono requested Pindad to have a working prototype ready in two months after his visit. Production of the Komodo was based at Pindad's factory in Bandung, West Java. The creation of a working Komodo prototype was completed on March 2012.
The Komodo made its first appearance when Pindad demonstrated the tactical vehicle to several visitors at the RITech Expo on September 2012, showing the Komodo alongside the Anoa and other Pindad-made small arms to the public. Production on a working Komodo by Pindad started on October 5, 2012. On November 10, 2012, President Yudhoyono gave the name Komodo to Pindad's new tactical vehicle at the Indo Defence 2012 Expo & Forum, Jakarta International Expo, Kemayoran, Jakarta. He was asked to give the tactical vehicle a name as a formality when he was a guest in Indodefence 2012. The naming of the vehicle was because the Komodo dragon symbolizes Indonesia as a whole. President Yudhoyono was accompanied during the naming ceremony by various officials including Defense Minister Purnomo Yusgiantoro, Deputy Defense Minister Sjafrie, Police Chief General Timur Pradopo, Armed Forces Commander Admiral Agus Suhartono, Vice Governor of Jakarta Tjahaja Basuki Purnama and other high-ranking officials. A production plan of at least 240 Komodo tactical vehicles was planned after it was unveiled in Indodefence 2012.
The Komodo was also unveiled to visitors who were from the Royal College of Defence Studies when they visited Pindad manufacturing facilities during official visits. The vehicle was presented to Indonesian and Singaporean military personnel at the Weaponry System Display and Practice Assistance Latma Safkar Indopura 24/2012 from November 21 to 28, 2012. The Komodo was shown to the public at the 2013 Indonesian National Armed Force Leadership Meeting exhibition at Cilangkap.
Pindad has been awarded at the BUMN Award 2013 by the Indonesian government for their contribution in making the Komodo, since 80% of its components are being made locally. Pindad has reported confirmation that there are unnamed countries that are very interested to purchase Komodo tactical vehicles. Pindad has said that possible exports can be done for ASEAN member nations who wish to buy the Komodos. Defense Minister Purnomo Yusgiantoro, from Merdeka Palace, said that the production of the Komodo is a stepping stone that would eventually lead to the development of a tactical vehicle industry in Indonesia.
Pindad obtained a loan of Rupiah 300-700 million from the State Capital Participation or Penyertaan Modal Negara to assist in covering the costs of producing the Komodos. The company has been given a deadline of 10 years by the government to repay the loan made from PMN funds. Pindad said that they would be able to repay the loan as soon as possible.