Lahore, 26th June: Another evidence of Jungle law, Millat the leading tractor manufacturing company of Pakistan has bomb shelled the farmer. Yesterday night the company has decided and issued the price increase with immediate effect. The most shocking fact is that the price has been increased for the customers who have paid 100% in advance. No business values or social values can defend this act or legitimize this malpractice. This seems to be the modules Operandi of the company to artificially create shortage in the market and the opportunist dealers start charging additional black market rates. Hence, the farmers are forced to purchase at higher rates as even after paying 100%, the biggest market shareholder company delays delivery even for 6-8 months and the farmer cannot afford it. How can a private company book a product that they cannot deliver in 30 days period? This means the company is doing business with the money taken in advance from the customer gaining bank interest and then by force charging price increase as per their will. It has been twice in this fiscal year that Millat has increased price once in July 2020 and now in Jun 2021 too they increased the … Continue reading Budget 2021 gone down the drain as Millat Tractors announces price increase