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Tractor production witness over 100 percent increase

Devil Soul

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APP
ISLAMABAD - Production of tractors witnessed increase of 104.94 percent during the first seven months of the current year against the same period of last year.

As many as 30,528 tractors were manufactured during the seven months from July to January (2012-13) against the production of 14,896 in July-January (2011-12), according to the data of Pakistan Bureau of Statistics.

On year-on-year basis, the production of tractors witnessed increase of 127.76 percent in January 2013 as compared to the production of January 2012.

Tractor production in January 2013 stood at 3,323 units against the production of 1,459 units in January 2012, the PBS data revealed. Meanwhile, production of busses during the first seven months of the current year increased 13.24 percent from 272 units last year to 308 units in current year.

However bus production witnessed decrease of 66.67 percent in January 2013 when compared to the production of January 2012, according to the data. Just 18 buses were manufactured in January 1013 against the production of 54 buses in January 2012.

Production of jeeps and cars decreased by 23.45 percent in seven months and 66.67 percent in January 2013 whereas production of light commercial vehicles decreased by 26.85 in July-January (2012-13) and by 41.18 percent in January 2013. Production of motor cycles during July-January (2011-12) decreased from 966,656 to 937,411 units in July-January (2012-13), showing decrease of 3.03 percent. On year-on-year basis, the production of motorcycles decreased by 4.09 percent in January 2013 against the same month of last year.

The motorcycle production in January 2013 stood at 138,085 units against the production of 143,980 units in January 2012. The country’s overall Large Scale Manufacturing (LSM) has registered positive growth of 2.73 percent during the first seven months of this year over the corresponding period of the last financial year. On year-on-year basis, the LSM grew by 4.62 percent during the month of January 2013 when compared to the same month of last year. The Quantum Index Numbers (QIN) of LSM stood at 111.69 points during July-January (2012-13) against 108.72 points during July-January (2011-12).
 
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