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Output of LCVs surge 39.36pc

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The production of Light Commercial Vehicles (LCVs) has witnessed 39.36 percent increase during the first ten months of the fiscal year 2021-22 against the output of the same period of last fiscal year.

As many as 32,443 LCVs were manufactured during July-April (2021-22) as compared to the production of 23,280 LCVs during July-April (2020-21), showing an increase of 39.36 percent, according to official data by Pakistan Bureau of Statistics (PBS).

During the period under review, the production of tractors also rose from 41,524 units to 47,410 units, showing an increase of 14.17 percent while the production of trucks decreased by 35.56 percent, going down from 2,593 units to 1,671 units.—APP

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