Millat Tractors Price Increase February 2023

18 Feb 2023

1877 Millat

Millat Tractors Price Increase February 2023

Millat Tractors, a prominent brand in the agricultural equipment industry, has recently announced a price increase for several of its popular tractor models in Pakistan. The new prices will be effective for bookings made on or after February 17, 2023, and the company has cited rising input costs and inflationary pressures as the reasons for the increase.

The affected models include the MF-240, MF-260, MF-360 4WD,MF-360, MF-375, MF-375-4WD, MF-385, and MF-385 4WD. These tractors range in horsepower from 50 to 85 and are equipped with either 2500cc or 4100cc engines.

The old prices for these models ranged from 1,795,000 Pakistani Rupees (PKR) for the MF-240 to 3,788,000 PKR for the MF-385 4WD. The new prices for prior bookings made on or before February 16, 2023, range from 1,813,000 PKR to 3,826,000 PKR, with increases ranging from 82,000 PKR for the MF-360 4WD to 132,000 PKR for the MF-385.

For new bookings made on or after February 17, 2023, the prices range from 1,894,000 PKR for the MF-240 to 3,902,000 PKR for the MF-385 4WD. This represents an increase of 99,000 PKR for the MF-240 and up to 114,000 PKR for the MF-385 4WD.

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