LAHORE: Millat Tractors Limited Chairman Sikandar Mustafa Khan has said that his group will start exporting tractors to Nigeria and Mexico soon after the US-Iran war is over.
He disclosed this while speaking at a function his group held for the Founders Group at a local hotel in Lahore.” Consignments are ready and we will start export as early as the war in Middle East is over.” He maintained that the government has already granted permission for the export of tractors and all other necessary formalities have been fulfilled by his group.
“Millat tractors has achieved 95 percent localization and now we are focusing on diversification and export,” he pointed out. The Chairman Millat Tractors claimed that his company’s tractors are not only the cheapest in the world but also outstanding in quality.
Pattern-in-chief of Founders Group Mian Misbaur Rehman said that the Middle East war has badly affected Pakistan’s economy which was already under pressure because of high cost of production. He also asked the business community to send their budget proposals to him at the earliest so that these could be discussed with the federal finance minister and other concerned departments before the announcement the federal budget.
Chairman Founders Group Sheikh Muhammad Ibrahim highlighted the importance of chambers and said they serve as a bridge between the government and the business community. But, unfortunately, these forums have not been able to play this role due to their internal conflicts, he added.
Copyright Business Recorder, 2026
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