Pakistan's industrial production grows by 4.52%

09:00, June 21, 2010      

Email | Print | Subscribe | Comments | Forum 

Pakistan's industrial production witnessed steady growth of 4.52 percent in the first 10 months of current financial year (from July 2009 to April 2010), mainly on the back of strong performance of consumer goods manufacturing sector, local newspaper Daily Times reported Saturday.

The growth in industrial output went further higher in the month of April alone, recording 5.59 percent increase, compared to the corresponding month of last year, the report said.

Pakistan's industrial production massively fell in the last financial year, however it started recovering from August 2009. This fiscal and growth trend has continued so far during the current financial year.

"The turnaround in industrial growth has been led by the consumer discretionary sector, with production growth of high double digits in autos and allied products, and in electronic goods. Pharmaceuticals, leather goods, and fertilizer also contributed to overall industrial growth," the recently Economic Survey of Pakistan cited the reasons for the overall performance of industrial sector.

Despite stronger export order, books for some segments of the textile industry from around November last year, especially for cotton yarn, reported positive growth. There is a trend of improvement in this sector and if external demand for exports remains strong in the months ahead, the overall sector may benefit further, it added.



  • Do you have anything to say?


Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Local pupils tie the rice at Jindai Botanical Garden in Chofu, Japan, Sept. 28, 2011. A group of pupils reap the rice they planted this May in Jindai Botanical Garden on Wednesday. (Xinhua/Kenichiro Seki)
  • A news conference on the nation's first space-docking procedure is held at the Jiuquan Satellite Launch Center in northwest China's Gansu Province, Sept. 28, 2011. The Tiangong-1, or "Heavenly Palace 1," is scheduled to be sent into space late Thursday to perform the nation's first space-docking procedure. (Xinhua/Wang Jianmin)
  • Actors perform during a dancing opera about Confucius (551-497BC), a Chinese thinker, educationist and philosopher, in Qufu, Confucius' hometown in east China's Shandong Province, Sept. 27, 2011. (Xinhua/Xu Suhui)
  • A volunteer greets journalists on the Media Public Day at Ellington field in Texas, the United States, Sept. 27, 2011. Journalists on Tuesday were invited to visit part of the airplanes for the upcoming air show. The 27th Houston Air Show will be held on Oct. 15-16 at Ellington field. (Xinhua/Song Qiong)
  • Photo taken on Sept. 28, 2011 shows flamingoes in the zoo of Jinan, capital of east China's Shandong Province. Some 30 newly-introduced African flamingoes walked out of cages for the first time on Wednesday to adapt their new life in the zoo. (Xinhua)
  • A model displays the costumes of Lacoste on the second day of the five-day Mercedes-Benz DFashion Mexico in Mexico City, Sept. 27, 2011. (Xinhua/Shi Sisi)
Hot Forum Discussion