Output of LCVs increase 63.61pc

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Islamabad

The production of Light Commercial Vehicles (LCVs) has witnessed 63.61 percent increase during the fiscal year 2020-21 against the output of the same period of last fiscal year.

As many as 19,744 LCVs were manufactured dur-ing July-June (2020-21) as compared to the produc-tion of 12,068 LCVs manufactured during July-June (2019-20), showing growth of 63.61 percent, ac-cording to official data revealed by Pakistan Bureau of Statistics (PBS).

During the period under review, the production of cars and jeeps also increased by 66.64 percent as it surge from 97,889 units last year to 163,122 units during FY 2020-21.

The production of motorcycles during the period under review rose by 36.53 percent by going up from the output of 1813,448 units last year to 2475,874 units.

Meanwhile, the production of trucks also increased from 2,945 units last year to 3,808 units.—APP

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