Millat tractors prices increased in the Feb 2023

Pakistan auto industry is in great trouble right now. As of now, our readers may have idea about the factors which are increasing the costs of auto makers of Pakistan. To summarize, these are mainly the cost increase as a direct result of local currency deterioration and the curbs on imports by govt institutions. These curbs could be direct or indirect, due to govt policies. Which makes it difficult for auto makers to import enough supplies, to keep continuously producing the vehicles, hence increasing the costs as result of production plant’s down hours. Along with the makers of Cars and Bikes, now the makers of tractors are also forced to increase their prices to keep their companies profitable. Millat tractors […]