Pakistans Biscuit and confectionery Associations ( PB & CMA) declared that they intend to close the biscuit plants rather than to run plant or factories in losses. Pointing towards the soaring prices of raw material specially Sugar which has shot up to Rs60/kg . with in no time . Mr Maqsood Ismail associations chairman said that untill and unless the government takes some drastic and emergency steps there would be no choice for manufacturers to shut their factories rendering thousand s of worker jobless and loss to government of pakistan exchequre.
Source : pakwatan.com
Showing posts with label pakistan biscuit and confectionery manufacturers assosciation. Show all posts
Showing posts with label pakistan biscuit and confectionery manufacturers assosciation. Show all posts
Pakistan s Biscuit Industries face sugar shortage
Pakistan's biscuit and confectionery manufacturers association has asked government to supply sugar to biscuit factories as sugar availability in open market has been reduced drastically
The chairman of the Association Mr Maqsood Ismail has warned government for the closure of biscuit factories which would result in heavy job losses as biscuit and confectionery industry employs around two million people directly and indirectly .He also urged the Trading Corporation of Pakistan to come into action in this matter and make sugar available to them.
Source:Dawn News
Major player in Pakistans biscuit industry are
- EBM (English Biscuit Manufacturers (Private) Limited)
- Coronet Foods (Private) Ltd
- Continental Biscuits (LU)
- Montgomery Biscuits,
- Silver lake
- Mehtab Industry (Krunchi)
Together they constitutes approximately 70% of the branded Market.50% market share is still unbranded
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