Friday, July 5, 2024

Punjab Govt Awarded Highest Export Quota to Jahangir Tareen’s Sugar Mills

The Punjab government has granted the largest export quota to sugar mills owned by Jahangir Khan Tareen. His JDW Sugar Mills-I and JDW Sugar Mills-II have been allocated a significant 10,783 tons of the province’s total 96,000-ton sugar export quota.

The quota allocation is based on the volume of sugar production rather than sucrose recovery rates, which works in favor of Tareen’s highly efficient mills.

This decision by the Government of Punjab aims to ensure a fair distribution of export quotas among the 41 sugar mills in the province. It takes into account the regional differences in sucrose content, aiming for an equitable approach.

Tareen’s mills have consistently shown higher efficiency and production capabilities, which is why they received the largest share. The allocation process is designed to reward productivity and efficiency, encouraging all mills to improve their operations.

This strategic move by the Punjab government highlights the importance of supporting high-performing industries while also trying to maintain fairness across the sector.

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