The production of tractors increased by 60.94 percent during the first eight months of the current fiscal year over the corresponding period of last year.
As many as 33,193 tractors were manufactured during July-February 2012-13 against 20,624 during July-February 2011-12, according to the data of Pakistan Bureau of Statistics (PBS).
The production, however, witnessed negative growth of 53.47 percent in February 2013 when compared to February 2012, the data revealed. Tractor production during February 2013 was recorded at 2,665 units against 5,728 units during February 2012.
The country’s Large Scale Manufacturing (LSM) registered positive growth of 2.93 percent during the first eight months of current fiscal year over the corresponding period of last financial year.
The LSM grew by 3.84 percent during the February 2013 when compared to the same month of last year. The Quantum Index Numbers (QIN) of LSM stood at 111.33 points during July-February 2012-13 against 114.59 points during July-February 2011-12.
