Although the overall Large Scale Manufacturing (LSM) growth witnessed downfall by 2.30 percent during the first five months of the current financial year, several electric appliances and light weight automobiles witnessed positive growth in production.
The production of jeeps and cars went up by 16.42 percent by growing from 47,034 vehicles in July-November (2009-10) to 54,755 vehicles in July-November (2010-1011), according to data provided by the Federal Bureau of Statistics (FBS).
There was a 16.49 percent growth in the production of light commercial vehicles (LCVs) during the period under review. LCV production during the period under review was recorded at 7,362 vehicles against the production of 6,320 vehicles during the same period of last year.
Similarly, motorcycle production during the period was recorded at 620,628 vehicles against the production of 545,425 vehicles last year, showing an increase of 13.79 percent. Production of jeeps and cars, LCVs and motorcycles increased by 10.22 percent, 19.68 percent and 20.90 percent respectively during November 2010 as compared to the same month of last year, the figures revealed.
However, production of heavyweight vehicles witnessed negative growth as the production of tractors decreased by 10.05 percent, trucks by 3.85 percent while the production of buses decreased by 31.79 percent during July-November (2010-11) as compared to last year.
The electric appliances witnessing growth in production during the first five months of the current year include electric meters, production of which grew by 17.90 percent. Similarly, production of electric motors increased by 4.94 percent, switch gears by 63.16 percent, electric transformers by 13.45 percent while the production of television sets grew by 40.27 percent. On the other hand, production of airconditioners, electric bulbs, electric tubes and electric fans witnessed negative growth, according to the data.
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