Motorcycle production up 15.44% in FY 2017-18

August 13, 2018 Off By Web Desk

The local production of motorcycles during the first eleven months of fiscal year 2017-18 has increased by 15.44 percent as against the corresponding period of last year.

As many as 2,650,233 motorcycle were manufactured during July-May from 2017-18 against the output of 2,295,846 during July-May from 2016-17.

Meanwhile, motorcycle imports into the country have witnessed 15.52 percent increase during the fiscal year 2017-18 against the corresponding year.

According to Pakistan Bureau of Statistics, Pakistan imported motorcycles worth 106.382 million US dollars in July-June from 2017-18 against the imports of 92.089 million US dollars in July-June from 2016-17, showing growth of 15.52 percent.

Source: Radio Pakistan