ISLAMABAD: Over 1.555 motorcycles were manufactured during the first eleven months of the fiscal year 2012-13, showing increase of 2.87 percent against the output of the corresponding period of last year.
On year-on-year basis, the production of motorcycles increased by 4.77 percent in May 2013 when compared to the production of May 2012, Pakistan Bureau of Statistics (PBS) reported.
According to breakup figures, the total production of motorcycles during July-May (2012-13) was recorded at 1,555,502 units against the production of 1,512,104 units recorded during July-May (2011-12).
On the other hand, the production of motorcycles increased from 142,262 units in May 2012 to 149,001 units in May 2013, the data revealed.
On the other hand, the production of jeeps and cars decreased by 21.53 percent to 108,986 units in July-May 2012-13 against the production of 138,883 units recorded during July-May 2011-12.
The production of jeeps and cars in May 2013 was recorded at 12,966 units against the production of 14,179 units during May 2012, showing negative growth of 8.55 percent.
Similarly, the production of Light Commercial Vehicles (LCVs) decreased from 18,959 units in first eleven months of FY2011-12 to 12,908 units in FY2012- 13, showing negative growth of 31.92 percent.
On year-on-year basis, the production of LCVs decreased by 32.82 percent to 1,277 units in May 2013 against the production of 1,901 units in May 2012, according to the PBS data.
It is pertinent to mention here that the country's overall Large Scale Manufacturing (LSM) has registered positive growth of 4.17 percent during the first eleven months of the fiscal year 2012-13 over the corresponding period of the last financial year.
On year-on-year basis, the LSM grew by 2.65 percent during the month of May 2013 when compared to the same month of last year, according to the data.
The Quantum Index Numbers (QIN) of LSM stood at 117.55 points during July-May (2012-13) against 112.85 points during July-May (2011-12).
During the period under review, industries monitored by Oil Companies Advisor Committee (OCAS) registered increase of 0.81 percent growth while the indices of Ministry of Industries grew by 1.68 percent and that of Provincial Bureaus of Statistics by 1.67 percent.
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