After car and bike assemblers, the leading tractors manufacturer in the country dubbed Millat Tractors is also feeling the heat of prevailing economic fuss. The company inched up tractor prices by Rs. 7 lacs.
Here are new prices of all the variants of Millat tractors.
Millat Tractors Resumes Production
Earlier this month, Pakistan’s biggest tractor manufacturer Millat Tractors announced that they were shutting down operations. The announcement was met with a worrisome response from the consumers as Millat Tractors is Pakistan’s leading tractor manufacturer. Fortunately, the company has announced that it will resume operations on January 16, 2023.
The top tractor manufacturer Millat Tractor Limited specializes in assembling and producing agricultural tractors, tools, and multipurpose items. IFS applications are sold, implemented, and supported by MTL both in Pakistan and internationally.
This comes as a piece of great news for the auto industry, mainly due to the reasons that Millat Tractors had shut down in the first place. The company stated that it was halting operations “due to continuing reduced demand for tractors and cash flow constraints.” The same reason was cited by other auto manufacturers linked with the commercial vehicle industry.
