Tuesday, June 07, 2005
ISLAMABAD, Pakistan (June 7) – The manufacturing sector in Pakistan recorded broad based growth of 12.5 % against a target of 10.2 %. The overall manufacturing sector continued to maintain its growth momentum during the current fiscal year. Large-scale manufacturing registered an impressive growth of 15.4 % in the current fiscal year against a target of 12.2%.
The main contributors to this growth of 15.4% in July-March 2004-05 are the automobile group (30.1%) and engineering goods group (11.3 %). In the automovite sector, the production of four-wheeled vehicles saw a 26.1% rise.
But the two-wheeler sector is the biggest grower in Pakistan: bicycle manufacturing recorded a 14.8% plus, while the motorcycle makers saw their production almost double, with 47.6 %. The new EU anti-dumping legislation on China and Vietnam might have an even further positive effect on the production numbers of bicycles in Pakistan.
.jpg)
To make it easier for you to follow the news in the global bicycle industry we have launched a Bike Europe page on Twitter. With Twitter you are always the first to receive the news updates.
Stay on top of the news. 
