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Exporters to buy 150 parboil rice plants from
India
KARACHI (April 15 2004): Rice exporters will buy
150 parboil rice plants from India to add value to
their exports. The first lot of 12 plants is due
to arrive after two months.
The deals for the purchase of rice plants, which
are 33 percent cheaper in price as compared to the
European plants, were made during a recent visit
of the members of the Rice Exporters Association
of Pakistan (Reap) to India.
The Indian manufacturers further reduced the price
of parboil plants from 100,000 dollars to 65,000
dollars only for their Pakistani counterparts to
promote trade between the two countries to their
mutual benefit.
This was stated by the agent of Indian machinery
suppliers, H. S. M. Food Protect, Haryana,
Mohammedi Durbar, at a dinner hosted for the Reap
members.
The Indian manufacturers of parboil plants, Sunil
Gupta and Sudhir Kapoor, were supposed to join the
dinner arranged at the residence of the host, but
the delay in the issuance of visa prevented them
from attending the dinner.
Talking to newsmen at the dinner, former Chairman
of Reap Rahim Janoo said that the rice exporters
had decided to import parboil plants from India to
fulfil the directive from Prime Minister Mir
Zafarullah Khan Jamali that the rice exports be
increased to join the one billion dollar-basket.
"Since there is no chance to increase the rice
crop due to the current water shortage, the target
could be achieved only by increased value addition
through the import of parboil rice, which is in
great demand in Europe, the Middle East and
Africa. There is a difference of 40 dollars to 45
dollars per tonne in price of white Basmati and
parboil Basmati," he said.
The first lot of 12 parboil rice plants will be
installed in the rice growing areas of Punjab,
while the exporters have plans to install similar
pants in Sindh.
The Indian manufacturers also offered the Reap
members during their visit a steaming plant, which
considerably advances the period of maturation of
Basmati rice.
Presently, Pakistani exporters keep their rice for
six months waiting for the loss of humidity from
the commodity.
The new plant will make the rice ready for export
whenever processes in the steaming machine, which
quickly absorbed moisture from the rice.
Durbar said he planned to import automotive spare
parts and spares for jute mills from India, which
could be sold at much less price prevailing in the
local market.
The dinner was attended, among others, by the
Managing Director of Site Limited, who allotted
plots to the Reap members to set up a Rice
Export-Free Zone at Nooriabad.
Courtesy Business Recorder |
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Pakissan.com; Advisory Point
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