ISLAMABAD: Tractor production in the country during last five months of current financial year witnessed an increase of 64.05 percent as compared the production of corresponding period of last year.
During the period from July-November, 2017-18 around 27,706 tractors were manufactured and assembled locally as compared the production of 16,889 tractors of same period last year, according to the computation of quantum index numbers of large scale manufacturing industries.
On month on month basis, tractor assembling witnessed 9.73 percent growth in month of November, 2017 as compared the corresponding month of last year.
About 5,955 tractors produced in November, 2017 as compared the production of 5,427 tractors of same month last year, it added. Meanwhile, domestic trucks production increased by 24.41 percent in five months as about 3,889 and trucks were assembled as compared 3,126 buses of same period last year, it added.
However, truck production during month of November, 2017 reduced by 2.96 percent as 656 trucks were assembled as compared to 676 trucks of same month last year, the data revealed.
During the period from July-November, 375 buses were produced as compared the production of 563 buses of corresponding period last year, where as buses assembling in month of November was recorded at 19 as against 71 buses during same month of last year.
During the period under review 97,036 jeeps and cars were also produced as against the production of 75,314 same period of last year, showing an increase of 28.84 percent and month on month basis 17.61 percent.
In November last year, about 18,963 cars and jeeps were produced, which were stood at 16,124 in same month of last year, the data added. Over 1.166,888 motor cycles were produced during last five months of current financial year as compared the production of 987,546 motor cycles of same period last year, where as 224,918 motor cycles produced in November, 2017 as compared the 217,207 motor cycles produced in corresponding month of last year, it added.
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