President Asif Ali Zardari has called upon the private sector of the country to take full advantage of the level playing field provided to it by the present Government through financial and structural reforms. During awards distribution ceremony among the top ranking companies and business entities for the year 2008 & 2009 held at Aiwan-e-Sadr on Monday, the President said that the success of the winning corporations highlights the opportunities Pakistan offers to business and investment. We have a very conducive investment climate, he said. According to prepared text of speech, the President said that Pakistan was lagging behind in the manufacturing sector and its share in the global exports was not what it should be. The private sector needs to play a greater role in enhancing manufacturing capacity to serve regional and global markets, he emphasized. The President said that the stock exchanges also need to extend their outreach throughout the country. This, he said, will increas...

Company overview Millat Tractors Limited (MTL) - a leading engineering concern in the domestic automobile sector that started its operations in 1964 as Rana Tractors and Equipment Limited. In 1972, the company subsequently changed its name to Millat Tractors Limited (MTL) at the time of its take-over. The company is listed on all the three stock exchanges of the country. Millat Tractors is engaged in assembly and manufacture of agricultural tractors and equipments with the principal activity including distribution of “Massey Ferguson” tractors imported from UK in completely knock-down (CKD)/semi knock-down (SKD) condition. The company has achieved a deletion level of more than 90% with the successful implementation of a comprehensive plan on the back of installation of appropriate in-house manufacturing facilities and development of more than 200 vending associates. Millat Group The company owns 64.1% stake in its subsidiary company Millat Industrial Product. Besides investment in its ...