ISLAMABAD: The product
ion of jeeps and cars witnessed increase of five percent du
ring the first ten months of the current fiscal year (2016-17) compared to the corresponding period of last year, on Saturday.
As many as 160,650 units of jeeps and cars were manufactured during July-April (2016-17) compared to the product
ion of 159,202 units during July-April (2015-16), according to the data of Pakistan Bureau of Statistics (PBS).
The product
ion of motorcycles du
ring the period increased by 21 to 20 percent by going up from 1,698 to 410 units last year to 2,055,542 du
ring the ongoing fiscal year.
As many as 961 buses and 6,235 trucks were manufactured du
ring the first ten months of the current year compared to the product
ion of 866 buses and 4,478 trucks last year, showing an increase of 10.97 percent and 39.24 percent respectively.
The product
ion of tractors also increased by 66.46 percent by growing from 26,615 units last year to 44,303 units du
ring the
However, the product
ion of light commercial vehicles (LCVs) witnessed decrease of 34.77 percent by declining from 31,516 units last year to 20,559 du
ring the current year.
Meanwhile, on year-on-yea
r basis, the product
ion of cars and jeeps increased by 7.78 percent by going up from the product
ion of 15,514 units during April 2016 to the output of 16,721 units this year.
As many as 212,442 motorcycles were manufactured during April 2017, compared to the product
ion of 181,225 units during April 201
6, showing an increase of 17.22 percent while the product
ion of trucks increased by 38.66 percent by increasing from 538 units to 746 units.
The product
ion of tractors also increased by 36.21 percent by growing from 4,673 units to 6,365 units. However, the product
ion of LCVs and buses witnessed decrease of 9.37 percent and 43.33 percent respectively.
The LCVs production decreased from 1,989 units to 1,922 units while the product
ion of bu
ses decreased from 120 units to 65 units. It is pertinent to mention here that the country’s overall large scale manufacturing (LSM) sector has witnessed growth of 5.58 percent during first 10 month of current fiscal year.
The highest growth of 4.4 percent was witnessed in the indices monitored by ministry of industries followed by Provincial Bureaus
Of Statistics (PBOS) with 1.08 percent and the indices of Oil Companies Advisory Committee (OCAC) with 0.10 percent.
On Year-on-Yea
r basis, the industrial growth increased by 9.72 percent during April 2017 as compared to April 2016, however, on
Monthly basis, the industrial output decreased by 17.88 per cent du
ring the corresponding month as compared to March 2017
