Tractor plan: PAAPAM voices issues with scheme

LAHORE: Pakistan Association of Auto Parts and Accessories Manufacturers (Paapam) Senior Vice Chairman Mumshad Ali said the provincial tractor schemes announced by Punjab and Sindh has come with its disadvantages. While admitting that it provides business to the local industry, he said the scheme could prove to be erratic since it distorts the demand and production cycle. The time lag between the announcement of the scheme and its actual launch will lead to a sheer drop in demand during the gap, which would cause losses to the industry.

 

Published in The Express Tribune, September 17^th,  2015.

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