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Al-Ghazi Tractors was founded in 1983 and started production at its plant located in Dera Ghazi Khan. [3] It was listed on the Karachi Stock Exchange in 1985. [3]In 1991, Al-Futtaim Group took over the management control of Al-Ghazi Tractors by acquiring 50 percent of its shares for PKR 104.36 million (US$4.26 million).
Mahindra Tractors (India) Erkunt (Turkey)(part of Mahindra) ArmaTrac; Mahindra; Mitsubishi Agricultural Machinery (Japan)(own 33.3%) Trakstar (formerly Mahindra Gujarat and Shaktimaan brands) Mancel (France) Majevica (Serbia) Massey Ferguson (US)(part of AGCO Corporation) McCormick Tractors (Italy)(part of ARGO SpA) Millat (Pakistan)
Millat Tractors (Urdu pronunciation: [ˈmɪl.lət ˈtræk.tərz] MIL-lut TRAK-tərz) is a Pakistani agricultural machinery manufacturer based in Lahore, Punjab, Pakistan. [ 2 ] [ 3 ] Founded in 1964, it is the manufacturer of Massey Ferguson tractors in Pakistan with a production capacity of 40,000.
Agriculture is considered the backbone of Pakistan's economy, which relies heavily on its major crops. [1] Pakistan's principal natural resources are arable land and water. Agriculture accounts for about 18.9% [2] of Pakistan's GDP and employs about 42.3% of the labour force. The most agricultural province is Punjab where wheat & cotton are the ...
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TAFE – Tractors and Farm Equipment Limited, is an Indian tractor manufacturer incorporated in 1960 at Chennai, with an annual turnover excess of INR 12,500 crores. One of the largest [ 2 ] tractor manufacturer in the world and the second largest [ 1 ] in India by volumes, TAFE wields about 25% [ 3 ] market share of the Indian tractor industry ...
A top Federal Reserve official said Monday that he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could ...
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