Punjab governor lauds Millat Tractors for contribution to agri progress

Author: pr

Governor Punjab Sardar Saleem Haider Khan lauded Millat Tractors Limited (MTL) for its indispensable contributions to Pakistan’s agrarian progress, emphasizing that institutions like MTL are pivotal to bolstering the nation’s agricultural and industrial ecosystems. He asserted that the government must prioritize resolving systemic challenges faced by such enterprises to catalyze sustainable growth.

Governor Punjab articulated these remarks during a comprehensive visit to MTL’s manufacturing facility, where he meticulously inspected the engineering department, tractor assembly lines, and ancillary divisions. Commending MTL’s groundbreaking vendor development initiatives, Governor Khan underscored that 95% localization of tractor components epitomizes industrial self-reliance-a triumph for indigenous innovation. He further reviewed the facility’s state-of-the-art machinery and diverse tractor models, lauding their technological sophistication.

In a media interaction, Governor Punjab vowed to advocate for “cohesive, industry-centric policies” to amplify support for manufacturing giants like MTL. He delineated their dual economic significance: “These industries are not merely engines of foreign exchange accretion but also instrumental in import substitution, thereby fortifying Pakistan’s economic sovereignty.”

MTL Chairman Sikandar Mustafa Khan and CEO Raheel Asghar extended a cordial welcome to the Governor. Concluding his visit, Governor Khan remarked, “Synergy between agrarian and industrial sectors is non-negotiable for macroeconomic stability. Institutions like Millat Tractors are the linchpin of this transformative vision.”

Share
Leave a Comment

Recent Posts

  • Pakistan

Original documents only: NADRA bans CNIC photocopies at service centres

The National Database and Registration Authority (NADRA) has issued new guidelines for issuing CNICs to…

2 hours ago
  • Sports

DC vs KKR: Delhi relies on Rahul and Axar, KKR banking on Varun’s magic

Delhi Capitals (DC) will host Kolkata Knight Riders (KKR) in Match 48 of the ongoing…

2 hours ago
  • World

Senior BJP Subramanian Swamy urges Modi to resign over foreign policy failures

Senior BJP leader Subramanian Swamy has called for the resignation of Prime Minister Narendra Modi…

2 hours ago
  • Pakistan

PMD forecasts rainfall for Sindh amid ongoing heatwave

The Pakistan Meteorological Department (PMD) has forecast rain in parts of Sindh from May 2…

3 hours ago
  • Pakistan

IMF board to discuss Pakistan’s financial programmes on may 9

The International Monetary Fund (IMF) Executive Board is set to meet on May 9 to…

3 hours ago
  • Top Stories

DG ISPR to hold press conference amid rising tensions with India

Lieutenant General Ahmed Sharif Chaudhry, the Director-General of ISPR, will hold a key press conference…

3 hours ago