business

May 14, 2022

LSM grows 10.4pc in July-Mar FY22, highest since FY2006

ISLAMABAD: Pakistan’s large-scale manufacturing production increased 10.4 percent in July-March 2021-22, the fastest three-quarter growth rate in 17 years, thanks to key manufacturing industries that gave promising outputs.Broad-based expansion was seen during these nine months. Major manufacturing sectors, including textile, food, beverages and tobacco, automobile, chemicals, apparel, and iron and steel, gave a promising performance in output. Leather products and paper and paperboard also...