Pakistan Manufacturing Posts Record Double-Digit Growth: Broad-Based Recovery Takes Hold
Large-Scale Manufacturing (LSM) in Pakistan recorded strong 10.4% YoY growth in Nov 2025, with positive MoM momentum, driven by automobiles, cement, coke & petroleum products, food & beverages, garments, paper & board, rubber, non-metallic minerals, and electronics/electrical equipment.
This strength extended beyond one month, with LSM up 6.0% YoY in 5MFY26 (Jul–Nov), supported by 10 industries, underscoring a broad-based industrial revival.
What this means for Pakistan:
- Recovery is broad, not isolated, spanning consumption and investment sectors.
- Consumer demand is improving (autos, food, garments, construction).
- Investment activity is reviving (cement and industrial inputs).
- Energy and supply chains are stabilising (petroleum-linked sectors).
- Policy stability is paying off - macro discipline is translating into real industrial growth.
Bottomline:
Pakistan’s manufacturing story is shifting from stabilization to sustained expansion with rising confidence.
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