Tag Archives: Assemblers raise tractor prices by up to Rs422

KARACHI: Despite achieving over 90 per cent localisation, the tractor assemblers have increased farm machinery prices by Rs254,000-422,000 in the outgoing fiscal year. In FY21, the assemblers raised prices by Rs92,000-196,000. An assembler said rupee devaluation and higher freight rates are making an adverse impact on the cost of imported parts. In FY22, the government continued the relief package that …

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