ISLAMABAD: Tractors manufacturing in the country witnessed about 52.86 percent growth during first half of current financial year as compared the corresponding period of last year.
About 32,614 tractors were manufactured locally during the period from July-December, 2017-18 as compared the manufacturing of 21,336 tractors of same period of last year, according to the provisional quantum index numbers of Large Scale Manufacturing (LSM) industries of Pakistan Bureau of Statistics.
According to the data, the over-all output of LSMI increased by 5.55 percent for July-December, 2017-18 compared to same period of last year.
During the month of December, domestic production of tractors were recorded at July-December, 2016-17. On month-on-month basis, 4,447 tractors were produced locally in month of December, 2017 as compared the manufacturing of 4,497 tractors of same month last year, the data reveled.
Local trucks production during the period under review about 4,514 trucks were assembled in first half of current financial year as compared to the assembling of 3,806 trucks of same period last year.
Local production of trucks was recorded at 625 in month of December, 2017, which stood at 680 trucks in the corresponding month of last yea.
During first half of current financial year local production of jeeps and cars were recorded at 114,821 as against the manufacturing of 90,443 jeeps and cars of the same period of last year, it added.
