February 24, 2024
Business

For first time since 2000, bike production in Pakistan declines

LAHORE: Regardless of economic ups and downs, motorcycle production and sales have remained strong, increasing from about 100,000 bikes in 1999-2000 to 2.6 million in 2021-22. However, 2022–2023 may mark the first fiscal year since 2000 when bike production declines significantly. Is the bike drop a sign of Pakistan’s greatest economic downturn? The sharp increase […]

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