Connect with us

Hi, what are you looking for?

Latest News
• Police contingents deployed on entry and exit points of Islamabad • 4 drivers die of starvation in Makran due to closure of Pak-Iran border • Shireen Mazari slams UK for putting Pakistan on red list of travel ban states • Over 200 Pakistanis deported from Iran • Plan to hold NA session amid covid surge on the table • Punjab launches crackdown against sugar hoarders • Establishment Division refuses to disclose civil servants’ assets • Boarding school to be set up in Koh-i-Suleiman: CM Buzdar • FM Qureshi urges orderly pull-out of troops from Afghanistan • Terror threat has ‘moved’ from Afghanistan: US • American call for US police reform at fresh protest over Daunte Wright’s killing • US, China commit to climate cooperation ahead of summit • Germany mourns its 80,000 Covid dead at memorial • 19 members of Pakistani squad test negative for Covid, start practice against Zimbabwe today • Bollywood’s Arjun Rampal tests positive for Covid
News Alert
    • PM lays the foundation of Margalla Highway
    • PM Imran Khan makes a promise to the nation
    • We'll campaign  internationally  in a way that no one will dare to demeans Muhammad (SAW): PM
    • Covid Updates: 5,152 cases reported while 73 deaths recorded in last 24 hrs
    • Currently, 82,276 cases are active in the country
    • The death toll reaches 16,316 in Pakistan
    • 3,362 people recovered in last 24 hrs
    • The current positivity rate is 8.56% in the country 


Large-scale manufacturing Industrial Data Up by 9.13pc in January

LSM Data up by9.13% is another better indicator after textile industry improvement and car sales up with tax returns are also enhancing.

The overall output of large-scale manufacturing industries (LSMI) has increased by 7.85 per cent for July-January 2020-2021 compared to the same period last year. — AFP/File

The overall output of large-scale manufacturing industries (LSMI) has increased by 7.85 per cent in the first seven months of fiscal year 2021 (July 2020 to January 2021) compared to the same period last year.

According to data released by the Pakistan Bureau of Statistics (PBS) on Tuesday, the LSMI output increased by 9.13pc for Jan 2021 compared to Jan 2020, and 5.36pc over Dec 2020.

“The sustained and robust growth in the industry is expected to lift economic growth beyond earlier forecasts,” Minister for Industries Hammad Azhar said on Twitter.

The LSM index touched its second highest level of 175.15 earlier in January. Previously, it touched a high of 175.17 in March 2018, Topline Securities research highlighted.

Production in the first seven months of FY 2021, as compared to the same period last year, has increased in several sectors including textile, food, beverages, tobacco, petroleum products, pharmaceuticals, chemicals, non-metallic mineral products, automobiles and fertilisers.

It has decreased in some sectors such as electronics, leather products and engineering products.

LSM is a key indicator in industrial growth of the country, which makes up to one quarter of the total growth and thus help improve the overall growth of the state.

Written By

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *




India made astonishing record of Covid surge on Wednesday crowds of pilgrims gathered for a religious festival despite oxygen shortages and strict curbs in...


At $2.7bn, the remittances were up 20% compared to February and 43% compared to March 20. Total $21.5bn during July-March FY21, up 26% over...


Pakistani actress Sara Khan, wife of singer Falak Shabir has been admitted to hospital due to poor health. Husband, Falak Shabir turned to social...

Latest Updates

4 people dead, over 300 policemen in Punjab, including 97 in Lahore, had sustained injuries

Copyright © 2021 The Truth International