Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Tractor production declines 35pc during 1H of FY2019-20

byCT Report
03/02/2020
in Business, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: The manufacturing of farm tractors in the country decreased by 35.84 per cent to 16,661 units during the first six months of the current financial year (FY20), as against the production of 25,969 units in the corresponding period of last year.

During the period under review, the production of trucks also witnessed a declining trend, as it went down from 3,751 units last year to 1,729 units during the period under review, showing a decline of 53.90pc.

You might also like

Saudi Arabia, Qatar to provide $5b financial assistance to Pakistan: Turkish media

13/04/2026

Govt seeks proposal to cut GST on dairy products to 10pc

13/04/2026

According to latest data released by the Pakistan Automobile Manufacturing Association (PAMA) on Monday, the output of buses plunged to 326 units in the first half of FY20 from 515 units last year (-36.69pc).

The manufacturing of motorcycles and three-wheelers in the country dropped 11.5pc to 809,607 units during the period under review from 914,860 units a year earlier.

Meanwhile, the manufacturing of pickups decreased by 38.05pc to 7,797 units from 12,587 units last year, whereas 2,094 units of LCVs, vans, and jeeps were manufactured during the first half of FY20 as compared to 3,926 units during the same period last year (-46.66pc).

Furthermore, the production of passenger cars also posted a record decline of 46.37pc, as it plunged to 60,860 units from 113,494 units last year.

Related Stories

Saudi Arabia, Qatar to provide $5b financial assistance to Pakistan: Turkish media

byCT Report
13/04/2026

RIYADH: Saudi Arabia and Qatar will provide Pakistan $5 billion in financial assistance, enabling Islamabad to avert stress on the...

Govt seeks proposal to cut GST on dairy products to 10pc

byCT Report
13/04/2026

LAHORE: Federal Minister for Commerce Jam Kamal Khan has directed the Pakistan Dairy Association to submit proposals for reducing general...

KPRA collects Rs38.8b in Jul–Mar, sales tax on services rises 21pc

byCT Report
13/04/2026

PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) recorded a 21% increase in sales tax on services during the first nine months...

Fitch affirms Pakistan’s ‘B-‘ rating with stable outlook

byCT Report
13/04/2026

ISLAMABAD: Fitch Ratings has reaffirmed Pakistan’s long-term foreign currency rating at ‘B-’ with a stable outlook, pointing to progress in...

Next Post

FBR clarifies news about fake tax refunds

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.