Pakistan’s Large-Scale Manufacturing (LSM) sector experienced a decline of 0.74% in the fiscal year 2024-25, compared to the same period last year, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday.
While LSM showed a 4.14% year-on-year growth in June 2025, the sector faced a month-on-month decline of 3.67%.
The negative growth was attributed to declines in multiple key sectors, including tobacco, textiles, garments, petroleum products, pharmaceuticals, automobiles, and food, among others. Specific losses included a 0.74% overall drop, with sectors like machinery and equipment seeing a significant 35.46% decline.
On the positive side, beverages, tobacco, textiles, wearing apparel, and automobiles registered growth in FY25. Automobiles showed a notable 46.15% increase, while other transport equipment saw a 36.60% growth. However, industries such as chemicals, iron and steel products, and electrical equipment experienced substantial losses.
The LSM sector’s performance highlights the ongoing challenges faced by various industries, while a few sectors continue to show positive growth despite the broader downturn.
