Millat Tractor Price in Pakistan | November 2026

Millat Tractors, the local maker of Massey Ferguson (MF) tractors, raised its prices by about 3% for bookings from 16 May 2026. The popular MF 240 (50 HP) now costs Rs. 2,610,600, the MF 235 (50 HP) Rs. 2,453,280, the MF 260 (60 HP) Rs. 3,064,320 and the best-selling MF 385 (85 HP) Rs. 4,206,600. The top model, MF 385 4WD Deluxe, costs Rs. 5,856,180. All prices include 14% GST.

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Millat Tractor Prices

Massey Ferguson Tractors Price with Models (October 2026)

Prices from the Millat price revision effective 16 May 2026. Prices marked ≈ are estimated from the previous list plus the ~3% increase; confirm with your Millat dealer before booking.

Millat Tractor Rates Today | Full Chart

Millat Tractors Limited is a well-known brand in the industry with over 60% market share. The company revised prices for its 2026 models in May 2026 because of higher raw material and production costs. The table above shows the latest price of every model.

See Also: Wheat Price Today

Reasons of Increase in Price in Tractor Market

The following are the important factors for price increase;

  • Higher diesel and electricity costs
  • General Sales Tax (14% GST)
  • Higher steel and raw material prices
  • International supply chain issues
  • Exchange rate pressure on imported parts

All of these important factors have contributory impacts on the increase in cost and inflation of agricultural machinery.

Green Tractor Scheme of Punjab

Amid rising prices of tractors, Chief Minister Maryam Nawaz Sharif’s government took an initiative. Supporting small holders Green Tractor Scheme came with significant incentives. It provides a subsidy of Rs. 10 lakh on domestically assembled tractors, including Millat Tractors, Massey Ferguson, and Al-Ghazi Tractors.

Under the scheme, tractors are allocated to eligible farmers through a transparent computerised ballot. Farmers can choose tractors from 50 HP to 85 HP, including top-selling models such as the MF 240, MF 260 and MF 385. The table below shows the estimated price after the Rs. 1,000,000 subsidy using the latest Millat prices.

Millat Tractors Ltd Contact Information

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