LAHORE, Jan 07 (APP): Former chairman of Pakistan Association of Auto Parts and Accessories Manufacturers (PAAPAM) Mumshad Ali Tuesday gave an SOS call to the government to save the dying tractor industry. He told the media here that the government should take notice of crisis-like situation prevailing in the tractor industry and take steps to save it from complete collapse. He said that tractor sales are expected to witness low sales in a decade as economic downturn and poor agri income had hit the industry hard forcing the tractor plants in the country to close down operations in Dec 2019 and a similar situation had also been witnessed in year 2018 as well. Mumshad Ali said that industry was currently operating at below 50 per cent of its production capacity which means 50 per cent less employment and 50 per cent less tax revenues. He claimed that 200 plus SMEs (small and medium enterprises) engineering units manufacturing parts for the two main tractor assemblers of the country i.e. Millat Tractors Limited and Al-Ghazi Tractors Limited, were affected severely. This sector forms the backbone of the country’s engineering industry, and was located around Lahore region and its neighboring towns and cities, … Continue reading Tractor industry gives SOS call to government