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2018*
2015
2016
2017
(Estimated)
• The
total
size
of
the
agricultural
machinery
sector
is
approximately
$1.3
billion,
consisting
of
a
combination
of
tractors,
harvesters,
and
other
small-‐scale
agricultural
machinery.
• Pakistan
Vision
2025
“Create
a
modern,
efficient
and
diversified
agricultural
sector
that
can
ensure
a
stable
and
adequate
provision
of
basic
food
supplies
for
the
country’s
population
and
provide
quality
products
for
export.”
• Pakistan’s
domestic
production
of
tractor
units
increased
approximately
8.5
percent
during
FY
2017-‐18.
• Production
grew
19.4
percent
to
45,325
tractor
units
as
compared
to
37,938
units
last
year.
• It
is
envisaged
that
Pakistan
Tractor
Market
required
60,000
Tractors
Annually
by
Next
year
.
• There
is
a
gap
of
15,000
Tractors
production
in
the
market.
• Belarus
Tractor
willing
to
fill
this
Gap
by
producing
10,000
Tractors
Annually
in
Pakistan
through
establishing
Tractor
assembling
Plant.
• Tractors
produced
locally
are
under
license
agreements
with
foreign
companies
from
the
United
States,
Belarus,
Turkey,
and
China.
• Domestic
industry
has
the
indigenous
capacity
to
produce
agricultural
machinery
and
equipment
to
meet
only
15
percent
of
the
country’s
total
requirements.
• Production
is
expected
to
increase
by
8
percent
to
10
percent
annually
over
the
next
4
to
5
years
as
local
manufacturers,
spurred
by
the
increase
in
demand,
gear
their
output
and
diversify
their
product
lines.