Tractor production increases by 54.83pc

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Islamabad

Tractor production in country during last fiscal year recorded about 54.83 percent growth as compared the production of corresponding period of last year.

During the period from July-June, 2020-21, about 50,486 tractors manufactured locally as compared the assembling of 32,608 units of same period of last year, according the the provisional quantum indices of Large Scale Manufacturing Industries (LSMI) for June 2021 with base year 2005-06 which have been developed on the basis of latest data supplied by the sourceagencies.

On month on month basis, domestic tractor produc-tion grew by 25.10 percent in month of June, 2021 as compared the same month of last year, it added.—APP

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