Al-Ghazi Tractors

Al-Ghazi Tractors Ltd.

Native name

| ال غازی ٹریکٹر
Company type| Public

Traded as

| PSX: AGTL
Industry| Agricultural machinery
Founded| June 26, 1983
Headquarters| Karachi-75500, Pakistan

Area served

| Pakistan

Key people

| Sakib Eltaff (CEO)
Robert Ian McAllister (chairperson)
Products| Tractors
Revenue|  Rs. 34.543 billion (US$120 million) (2023)

Operating income

|  Rs. 5.043 billion (US$17 million) (2023)

Net income

|  Rs. 2.611 billion (US$9.0 million) (2023)
Total assets|  Rs. 14.229 billion (US$49 million) (2023)
Total equity|  Rs. 5.780 billion (US$20 million) (2023)
Owner| Al-Futtaim Group (50.02%)
CNH Industrial (43.17%)

Number of employees

| 410 (2023)
Parent| CNH Industrial
Al-Futtaim Group
Website| alghazitractors.com
Footnotes / references
Financials as of 31 December 2023[update] [1]

Al-Ghazi Tractors Ltd (AGTL) (Urdu: ال غازی ٹریکٹر) is a Pakistani agricultural machinery assembler headquartered in Karachi with a tractor manufacturing plant located in Dera Ghazi Khan.[2] It is a subsidiary of CNH Industrial and Al-Futtaim Group.[3]

Al-Ghazi Tractors assembles New Holland tractors in Pakistan with the production capacity of 30,000.[4][3] It is one of the two major tractor manufacturers of Pakistan, other is Millat Tractors.[5]

## History

[edit]

Al-Ghazi Tractors was founded in 1983 and started production at its plant located in Dera Ghazi Khan.[3] It was listed on the Karachi Stock Exchange in 1985.[3]

In 1991, Al-Futtaim Group took over the management control of Al-Ghazi Tractors by acquiring 50 percent of its shares for PKR 104.36 million (US$4.26 million).[3][6]

## Products

[edit]

Al-Ghazi produced a wide range of models which include:[7]

* Ghazi
* 480S
* 640
* NH 70-56
* NH Dabung 85

Al Ghazi also produces generators and farming equipment.[8][9]

## See also

[edit]

* List of tractor manufacturers

## References

[edit]

1. ^ "Al-Ghazi Tractors Annual Report 2023". Retrieved 24 May 2024.
2. ^ Khan, Ahmad Fraz (May 17, 2021). "DG Khan's history of missed opportunities". DAWN.COM.
3. ^ a b c d e "Al-Ghazi Tractors Limited – Business Recorder".
4. ^ Khan, Aamir Shafaat (January 4, 2020). "Millat extends plant shutdown for another 17 days". DAWN.COM.
5. ^ "Tractor collusion". Profit by Pakistan Today. 19 September 2021.
6. ^ Jafarey, V. A. Structural Adjustment and Macroeconomic Policy Issues. International Monetary Fund.
7. ^ "Tractors | Pakistan | Al-Ghazi Tractors Ltd". www.alghazitractors.com.
8. ^ "Generators | Pakistan | Al-Ghazi Tractors Ltd". www.alghazitractors.com.
9. ^ "Implements | Pakistan | Al-Ghazi Tractors Ltd". www.alghazitractors.com.

## External links

[edit]

* Official website

* v
* t
* e

CNH Industrial

Agriculture|

* Case IH
* New Holland Agriculture
* Steyr

Construction|

* Case Construction Equipment
* New Holland Construction

Related|

* Case Corporation
* Jerome Case
* Case STX Steiger
* Cyrus McCormick
* Farmall
* Fiat Trattori
* International Harvester
* List of International Harvester vehicles
* New Holland Machine Company
* Sergio Marchionne
* Steiger Tractor
* Fiat Industrial
* CNH Global

* v
* t
* e

Automotive industry in Pakistan

* Electric vehicles industry
* Transport in Pakistan
* Economy of Pakistan

Domestic manufacturers|

* Al-Ghazi Tractors
* Heavy Industries Taxila
* Millat Tractors
* Sazgar
* United Auto Industries

Foreign companies
with operations|

* BAIC
* Changan
* Chery
* Dongfeng
* FAW
* Foton
* Fuso
* Great Wall Motor
* Hino
* Honda
* Honda Motorcycles
* Hyundai
* Isuzu
* JAC
* Kia
* MG
* Peugeot
* Renault Trucks
* Suzuki
* Toyota
* Volvo
* Yamaha
* Yutong

Defunct manufacturers|

* Adam Motor
* Nexus Automotive

Components & parts|

* GTR
* Loads Limited

Related topics|

* Pakistan Auto Show
* Pakistan Automotive Manufacturers Association
* PakWheels
* Vehicle registration plates

* v
* t
* e

Major Pakistani conglomerates

Conglomerates|

* Adamjee Group
* AKD Group
* Al-Ghazi Tractors
* Arif Habib Corporation
* Army Welfare Trust
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* Sohrab Cycles
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* Yunus Brothers Group

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* List of companies of Pakistan
* List of largest companies in Pakistan
* Economy of Pakistan

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As of October 2024
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