In the fiscal year 2023–24, Millat Tractors exports, a company based in Pakistan, achieved a significant milestone by exporting more than 2500 tractors. While its competitor, Al-Ghazi Tractors Limited is far behind in the exports segment. MTL has over 70% domestic market share while AGTL has only 30% share in tractor industry of Pakistan.
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The company is popular for manufacturing agricultural tractors, generators, implements, and agricultural related machinery. While Millat Tractors primarily caters to the domestic market, Millat Tractors exports its products to various countries, including those in the Middle East, Africa, and Asia, based on demand and market conditions. However, the specific export destinations and volumes may change over time due to market dynamics and business strategies.
MTL exports high-quality deluxe models to African countries. Millat Tractors offers a diverse range of tractors catering to different segments of the market, including small, medium, and large-scale farmers. They produce tractors ranging from lower-horsepower models suitable for small farms to higher-horsepower models for commercial agricultural operations.
Millat Tractors has contributed significantly to the mechanization of agriculture in Pakistan, helping to improve productivity and efficiency in the country’s agricultural sector. The mission of MTL is innovation and quality, continuously introducing new models and technologies to meet the evolving needs of farmers.
Overall, Millat Tractors plays a crucial role in the agricultural industry of Pakistan and continues to expand its presence both domestically and internationally.