Domestic tractors assembling decreased by 37.4 percent

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Domestic tractor assembling decreased by 37.4 percent during the first two-months months of the current financial year as compared to the assembling of the corresponding period of last year.

During the period from July-August, 2022, about 5,810 tractors were locally assembled as against the assembling of 9,284 tractors of same months of last year.

Month on month basis, the domestic production of tractors also witnessed negative growth of 27.1 percent in August, 2022 as compared to the assembling of the same month of last year, according to the quantum indices of Large Scale Manufacturing Industries (LSMI) release by Pakistan Bureau of Statistics.—APP

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