Large Scale Manufacturing registers a crawling growth | Pakistan Today

Large Scale Manufacturing registers a crawling growth

The Large Scale Manufacturing (LSM) sector of the economy registered a growth rate of 1.95 percent during the first four months of fiscal year (FY) 2012-2013 as compared to corresponding period of FY 2011-2013.
Per Pakistan Bureau of Statistics (PBS) LSM registered a growth of 2.46 percent during October 2012 when compared to its worth in October 2011. The Quantum Index Numbers (QIN) of LSM stood at 106.04 points during July October (2012-13) against 104.02 points during July October (2011 12). The industries and products that registered growth during the first four months of FY 2012-2013, include food beverages and tobacco 7.64 percent , iron and steel products 12.81 percent , coke and petroleum products 7.21 percent, paper and board 42.83 percent, chemicals 0.76 percent, rubber products 32.67 percent, pharmaceuticals 4.14 percent, non metallic mineral products 1.44 percent and leather products 4.98 percent. The industries which registered a decrease in output include fertilizer with 18.99 percent less, electronics with a negative of 6.91 percent, textiles with 0.26 percent, wood products with 17.85 percent, and engineering products with 13.25 percent and automobiles with 9.68 percent lesser yields.
The sectors that registered growth in October 2011 included food beverages and tobacco 8.15 percent, iron and steel 3.34 percent, coke and petroleum products 19.42 percent, paper and board 68.34 percent, rubber products 30.14 percent, pharmaceuticals 1.12 percent, leather products 10.728 percent fertilizers 13.78 percent, electronics 11.41 percent and textile 0.45 percent.
The Provisional Quantum Index Numbers of Large Scale Manufacturing Industries (QIM) has been computed by Federal bureau of statistics using latest production datas of 112 items under supervision of OCAC, Ministry of Industries and Production and BOS. OCAC shared data for 11 items, Ministry of Industries and Production shared data pertaining to 36 items and Provincial Bureaus of Statistics provided data for 65 items.

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