Ahsan Iqbal briefed on issues of tractors industry

LAHORE  -  Millat Tractors Limited (MTL) hosted Federal Minister for Planning, Development & Special initiatives Prof Ahsan Iqbal at MTL Factory in Lahore on Monday. He was the chief guest in an event at the plant to celebrate the start of exports of Millat Tractors to Mexico, expanding Pakistan’s foot print in international agricultural machinery markets.

On this historic event, the minister appreciated the efforts of MTL for achieving more than 90% deletion level in tractors, resulting in saving of precious foreign exchange reserves.  The federal minister acknowledged the contributions of MTL in the growth and prosperity of the nation and pledged to support tractor and the allied vending industry for the economic growth. The minister was briefed on the issues being faced by the tractor industry, especially with respect to implementation of a long term “National Tractor Policy”, the absence of which has resulted in inconsistent growth and rollercoaster pattern like sales figures of the industry.

Ahsan Iqbal reaffirmed the government’s commitment to support the local sales & exports of Pakistan made tractors and assured facilitation to MTL for enhancing its production capacities and its reach in global markets. The minister agreed to discuss the issues of the tractor industry with the relevant ministries and try his level best to resolve them as soon as possible.

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