Tractor production witnesses 17.16pc increase

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LAHORE: The production of farm tractors in the country witnessed an increase of 17.16 percent to 11,235 units during first three months of current financial year 2020-21, against the production of 9,589 units in same period of last year.

According to the Pakistan automobile Manufacturing Association, during July-September 2020-21, the production of trucks however witnessed a declining trend as it went down to 769 units as compared to 817 units last year, showing decrease of 5.87 percent.

Similarly, the output of buses plunged to 125 units during the period under review from 157 units last year, showing decrease of 20.38 percent.

Meanwhile, the production of passenger cars also posted a record decline of 29.34 percent as it plunged to 25,574 units during the period under review against the production of 36,198 units during last year.

The manufacturing of motorcycles and three wheelers in the country plunged to 449,306 units during the period under review.

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