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Pakistan

Millat Tractors joins auto assemblers shuts plant over government lockdown

The Company) has decided to suspend the plant and all office operations until the withdrawal of the lockdown ordere
Published March 30, 2020
  • The Company) has decided to suspend the plant and all office operations until the withdrawal of the lockdown ordered by the government.

One of Pakistan’s top tractor manufacturers, Millat Tractors Limited has joined the string of auto assemblers in the country to announce plant suspension amid lockdowns in the province due to coronavirus.

“In compliance of lockdown order of provincial government due to COVID-19, the management of Millat Tractors Limited (the Company) has decided to suspend the plant and all office operations till withdrawal of lockdown order by the government,” said the company in its filings to the Pakistan Stock Exchange (PSX) on Monday.

However, the company has not given the date regarding when will the company resume its operations.

Last week, Indus Motor Company Limited (IMCL), Pak Suzuki Motors Company Limited (PSML) and Yamaha Motor Pakistan (YMP) announced to shut plants and offices during the lockdown in Sindh.

According to details, in line with the notification issued by the Sindh government to put lockdown into place in Sindh to avert the spread of COVID-19 in the province, these auto companies have decided to close its operations in Sindh from March 24, 2020, till April 6th, 2020 or further orders.

Meanwhile, automaker Atlas Honda has also announced to temporarily shut down its plant and office amid coronavirus spread.

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