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Pakistan grants 72 EV manufacturing licenses amid industrial recovery
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Pakistan grants 72 EV manufacturing licenses amid industrial recovery
Islamabad: Pakistan’s industrial sector has experienced sharp fluctuations in recent years, with the government confirming that Large Scale Manufacturing posted a 10.3 percent contraction in FY 2022–23, followed by marginal improvement and a recent upward shift. In a briefing to Parliament, the Minister for Finance and Revenue said LSM growth improved to 0.8 percent in FY 2023–24, declined again to 0.7 percent in FY 2024–25, and then registered …
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