The domestic tractor assembling saw a growth of 65.36 per cent during the first 10 months of the ongoing financial year. This development was announced by Special Advisor to Prime Minister on Commerce and Investment on his Twitter account.
He said, “MOC is glad to share that Domestic tractor assembling witnessed about 65.36 per cent growth during 10 months of the current FY. During the period from July-April, 2020-21, around 41,327 tractors were locally assembled as compared to assembling of 25,008 tractors, the same period of last year.”
Furthermore, the advisor linked this growth with an increase in the large-scale manufacturing activities in the country. “The increase in LSM production shows that due to the rise in economic activities domestic and internationally, things are coming back to normal and we will see our LSM in full swing,” Razak added.
