ISLAMABAD: Pakistan’s Large Scale Manufacturing Industries (LSMI) sector recorded growth of 4.98 percent during FY26 (July-June 2025-26) compared to the corresponding period of the previous fiscal year, according to provisional data released under the Quantum Index of Manufacturing (QIM), based on the 2015-16 base year. The index reached 120.55 for the full fiscal year.
For June 2026, the QIM stood at 108.83, reflecting a year-on-year decline of 3.48 percent and a month-on-month contraction of 6.08 percent compared to May 2026.
Automobiles emerged as the strongest-performing sub-sector, registering growth of 57.77 percent for FY26 and 50.53 percent in June alone. Cement production rose 7.36 percent for the fiscal year and 9.76 percent in June, while petroleum products posted gains of 9.70 percent and 0.70 percent, respectively.
Cotton cloth output increased marginally by 0.17 percent for both the month and the year, while cotton yarn recorded cumulative growth of 1.00 percent despite a 1.85 percent decline in June.
Garments registered fiscal-year growth of 5.49 percent, notwithstanding a 13.45 percent contraction in June. Iron and steel production declined 7.84 percent for the year and 11.75 percent in June. Fertiliser output fell 1.99 percent cumulatively despite a marginal 0.83 percent rise in June.
Automobiles contributed the largest share to overall growth, adding 1.56 percentage points, followed by food (1.21), garments (0.91), petroleum products (0.72), cement (0.41) and electrical equipment (0.37). These gains were partially offset by declines in pharmaceuticals (-0.54), iron and steel products (-0.34), chemicals (-0.20) and textiles (-0.11).
Sectors posting fiscal-year growth included food, beverages, tobacco, wearing apparel, paper and board, coke and petroleum products, rubber products, non-metallic minerals, fabricated metal, computer and electronics products, electrical equipment, machinery, automobiles, other transport equipment and furniture, while textiles, leather, wood products, chemicals, fertilisers, pharmaceuticals and iron and steel products recorded declines.
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