Tractors production decrease 47.69% in 1st half of FY 23

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The production of farm tractors in the country witnessed a decrease of 47.69 percent to 14,094 units during the first half of current fiscal year 2022-23, against the production of 26,945 units in the same months of last year.

During the period under review, the production of trucks also witnessed decreasing trend as it went down from 2,787 units as compared to 1,862 units, showing a decline of 33.18 percent, according to Pakistan Automobile Manufacturing Association (PAMA) revealed.

Production of pickups, Light Commercial Vehicles (LCVs) and Jeeps also dipped by 18.63 percent to 17,094 units during the period under review from 21,009 units during same period of last year.—APP