KARACHI, April 29: Pakistan Machine Tool Factory (PMTF) was moving towards manufacturing of textile machinery in collaboration with China. Federal Minister for Industries and Production Liaquat Ali Jatoi said this while talking to media men during his visit to PMTF here on Thursday. He was accompanied by chairman of State Engineering Corporation Maj Gen (Rtd) Sikandar Hayat.

The minister said that the factory would also produce spare parts for tractors. "PMTF has shown significant improvement in its performance during first nine months of current fiscal year particularly by significant increase in order book, production, sales and profit and reduction in inventory and receivables," he added. -APP