Output of LCVs increases by 61.6% in 1st half

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The production of Light Commercial Vehicles (LCVs) has witnessed 61.6 percent increase during the first half of the financial year 2021-22 against the output of the same period of last fiscal year.

As many as 14,216 LCVs were manufactured during July-December (2021-22) as compared to the production of 8,798 LCVs during July- December (2020-21), showing an increase of 61.6 percent, according to official data by Pakistan Bureau of Statistics (PBS).

During the period under review, the production of trucks also rose from 1,557 units to 2,787 units, showing an increase of 79 percent while the production of tractors increased by 16 percent.—APP

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