The Pakistan Vanaspati Manufacturers Association (PVMA) came into being with only 7 units as its members in 1961. This Association has been growing remarkably and now it comprises of 94 members engaged in the manufacture of Vegetable Ghee/ Cooking Oil in the organized sector contributing around Rs.30 billion annually to the government exchequer in the form of Custom Duty, Federal Excise Duty and Income Tax etc. The PVMA member Units are not only catering to the needs of Pakistan’s whole population, but also supplying this dietry item of daily use to the people of neighboring countries. The export of the Vegetable Ghee to Afghanistan and the Central Asian States via land route through Torkum and Chamman borders is a good source to earn precious foreign exchange for our country. In addition of boosting trade relations with these countries. Previously this Association was functioning as a trade entity, under the Companies Ordinance, 1984 and now it has been duly granted license to operate as Trade Association w.e.f. 08-09-2008 by the Directorate General of Trade Organizations, Ministry of Commerce, Government of Pakistan. |