May 08, 2024 (MLN): The Dairy industry leaders, led by CEO Usman Zaheer of Fauji Foods Limited, underscored their dedication to capitalize on the upward trend in dairy exports, citing it as a key area for growth and revenue generation.
A press statement issued today revealed that these leaders expressed their commitment during a meeting of the Pakistan Dairy Association (PDA) with Finance Minister Muhammad Aurangzeb.
While addressing the delegation, Minister Muhammad Aurangzeb underscored the significant role the dairy industry played in increasing agricultural GDP and fostering economic development.
He highlighted the government's commitment to providing a conducive environment for business growth, particularly in the dairy sector, which presents promising opportunities for increased exports.
The Finance Minister encouraged executives from the dairy industry to seize the moment and launch initiatives that would not only benefit large-scale producers but also create opportunities for small-scale farmers.
They stressed the importance of creating an enabling environment for dairy exports, urging the government to consider exempting dairy exports from taxation to further incentivize expansion in this sector.
In response, the Federal Minister directed the concerned authorities to put up a proposal keeping in view the merit criteria.
The meeting ended with both the government and the PDA aligning on a vision to enhance the sector's export capacity, promote innovation, and upgrade practices to meet international standards.
They expressed confidence in the dairy industry's ability to contribute significantly to Pakistan's economic growth.
