Tractor production up 17pc in three months

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ISLAMABAD: The production of farm tractors in the country increased by 17.16pc to 11,235 units in the first three months (July-September) of current financial year (2020-21), as against the production of 9,589 units in same period of last year.

The production of trucks, however, witnessed a decline of 5.87pc, from 817 units in July-Sept FY20 to 769 units in July-Sept FY21, according to latest data issued by the Pakistan Automobile Manufacturing Association (PAMA).

Similarly, the output of buses plunged to 125 units during the period under review from 157 units last year, showing a decrease of 20.38pc, while that of pickups decreased by 32.50pc to 3,708 units from 5,494 units last year.

As many as 1,655 units of light commercial vehicles, vans, and jeeps were manufactured during the first three months of FY21 compared to 867 units in the same months of last year, showing a massive increase of 190.88pc.

On the other hand, the production of passenger cars posted a record decline of 29.34pc, plunging to 25,574 units from 36,198 units last year.

Meanwhile, the manufacturing of motorcycles and three wheelers in the country surged to 449,306 units during the period under review from 370,771 units last year, showing a growth of 21.18pc.

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