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Tractor production increases 39.38% in 1st half of 2020-21

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Islamabad

The production of farm tractors in the country witnessed an increase of 39.38 percent to 23,237 units during first half of current financial year 2020-21, against the production of 16,671 units in same period of last year.
During July-December 2020-21, the production of trucks however witnessed a declining trend as it went down to 1,557 units as compared to 1,747 units last year, showing decrease of 10.87 percent, latest data of Pakistan Automobile Manufacturing Association (PAMA) revealed.
Similarly, the output of buses plunged to 281 units during the period under review from 326 units last year, showing decrease of 13.80 percent. Production of pickups has witnessed an increase of 12.59 percent to 8,798 units from 7,814 units last year whereas 4,107 units of LCVs, vans, and Jeeps were manufactured during first six months of FY 2020-21 in the country.—APP

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