Pakistan’s Tractor assembling grew by 77 percent

During the period from July-January, 2023-24 about 27,835 tractors were locally assembled in Pakistan

Tractor assembling in the country during first 07 months of current financial year increased 77 percent. According to the provisional quantum indices of Large Scale Manufacturing Industries (LSMI) for January, 2024 released by the Pakistan Bureau of Statistics, the manufacturing of machinery and equipment during the period under review grew by 80.11 percent.

On month on month basis, the local tractors production grew by 164.76 percent as about 4,117 tractors were locally manufactured in January, 2024. The output of the Large Scale Manufacturing Industrial (LSMI) sector witnessed an increase of 1.48 per cent during the month of January 2024

On a month-on-month basis, the production in January also showed 0.03 percent growth over the output of December 2023.

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