Javed Kayani has been elected unopposed Chairman of Pakistan Sugar Mills Association (PSMA). He previously served as Chairman Punjab Zone. During his tenure he steered the sugar industry out of crisis and effectively pleaded and projected the case of sugar industry for export of sugar and subsidy thereon with the government.
Sugar prices remained subdued for a long time affecting the financial health of the industry consequently growers payments remained outstanding. After the export of sugar price in the country stabilised, enabling the industry to break even in view of higher support price of sugarcane.
Javed Kayani is most respected in the government circles and the bureaucracy also considers him highly reliable and trustworthy. While talking to Business Recorder he said he would continue to serve the sugar industry with the support of the members. He is of the opinion that there is going to be another surplus year and sugar is likely to be in excess of one million tons after meeting the domestic requirement for which he would seek permission from the government. He said currently, the international market was at around USD 608 per ton and if that trend continued the industry would not seek any rebate from the government.
Javed Kayani has been leading the sugar industry for a number of years and the members have always given him their support in view of his meritorious services for the sugar industry.
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