Tractor production up 19.8pc in July-Nov period

ISLAMABAD: Production of farm tractors increased 19.83pc to 19,041 units during the first five months (July-November) of the current financial year (FY2020-21), as against the production of 15,890 units in the same period of last year.

According to data released by the Pakistan Automobile Manufacturing Association (PAMA), as many as 3,252 units of light commercial vehicles, vans and jeeps were manufactured during the July-Nov FY21 period, compared to 1,893 units manufactured in the same months of FY20, showing a year-on-year growth of 71.79pc.

The production of trucks, however, witnessed a decline of 10.4pc YoY, falling from 1,480 units last year to 1,326 units during the period under review.

Similarly, the output of buses dropped 14.02pc YoY, from 271 units last year to 233 units;  production of pickups decreased 4.27pc to 6,957 units from 7,268 units last year; whereas that of passenger cars fell 3.73pc to 50,527 units from 52,489 units last year.

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On the other hand, the manufacturing of motorcycles and three wheelers in the country rose to 789,295 units during the period under review from 674,429 units last year, showing a growth of 17.03pc.

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