Millat Tractors Ltd. has entered into an agreement with M/s AGCO for the export of “Made in Pakistan” Massey Ferguson brand tractors to world markets.
The tractors shall be imported by AGCO initially for its African & Middle East markets and subsequently for other countries.
This historic milestone was being pursued by Millat since a very long time and promises to usher Millat Tractors in a new era of product development and diversification leading to further growth and expansion of the company.
With an annual production capacity of 35,000 tractors of various models, Millat is fully equipped to meet the demands of export markets while catering to the needs of the domestic market. Its unmatched capability in engineering and product development has yielded highest level of indigenization in tractor manufacturing that exceeds 90%. This gives the company a leading edge in offering the most cost effective product range in the world. ***
State Bank of Pakistan building in this undated image. — SBP/FileKARACHI: The State Bank of Pakistan on Thursday...
The signing ceremony took place during the BYD Asia Pacific dealer conference event in Xi’an
The ACE Money Transfer logo. — ACE Money Transfer websiteLAHORE: ACE Money Transfer and Bank Al Habib have joined...
The MoU was signed by Omer Bin Tariq, country head of Onic Pakistan, and Imran Saleem, general manager ride hailing at...
A representational image of gold bangles. — AFP/FileKARACHI: Gold prices increased by Rs1,500 per tola on Thursday...
US flags hoisted outside the National Mall in Washington, DC. — AFP/FileWASHINGTON: The US economy grew faster than...