Output of LCVs increase 82.71% in 1st quarters

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The production of Light Commercial Vehicles (LCVs) has witnessed 82.71 percent increase during the first three months of the financial year 2021-22 against the output of the same period of last fiscal year.

As many as 6,775 LCVs were manufactured during July-September (2021-22) as compared to the production of 3,708 LCVs manufactured during July- September (2020-21), showing growth of 82.71 percent, according to official data by Pakistan Bureau of Statistics (PBS).

During the period under review, the production of trucks also rose from 769 units to 1,516 units, showing increase of 97.14 percent while the production of tractors increased by 11.33 percent, by going up from 11, 258 units to 12,533 units. —APP

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