• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Friday, February 6, 2026
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

Pakistan eyes castor cultivation as high-value export crop

August 6, 2025
in Business & Finance
Pakistan eyes castor cultivation as high-value export crop
Share on FacebookShare on TwitterWhatsapp

Pakistan is exploring the large-scale cultivation of castor as part of efforts to diversify crops, boost exports, and improve farmer incomes, Federal Minister for National Food Security and Research Rana Tanveer Hussain said on Wednesday.

Chairing a high-level meeting with the International Multi Group of Companies, led by Chairman Amjad Rashid, the minister said castor was a low-input, high-yield crop well suited for the country’s arid and semi-arid regions, the Ministry of National Food Security said in a statement.

“Castor can be grown in barren areas where traditional crops struggle, making it ideal for land optimisation and income generation for farmers,” Hussain said, adding that the crop currently fetches Rs7,000 per 40kg in the local market, higher than most conventional crops.

H1CY25 agro exports decline by $1bn YoY, says PKI president

The Chinese not-for-profit partner in the project has offered to provide high-quality hybrid seed, potentially doubling yields from 50 to 100 maunds per acre.

The visiting company also expressed willingness to sign formal agreements with local farmers, committing to purchase all harvested castor at pre-agreed terms.

The ministry will support the initiative through awareness campaigns and seed distribution in collaboration with provincial agriculture departments.

Hussain said Pakistan could emerge as a competitive supplier in the global castor oil market, which has strong demand in the pharmaceutical, cosmetics, lubricant, and biofuel sectors.

The meeting concluded with an agreement to launch pilot projects, finalise farmer contracts, and develop a sustainable, export-oriented castor value chain in the country.

Tags: castor cultivationMinistry of Food Security
Share15Tweet10Send
Previous Post

Russian rouble, markets await outcome of Putin-Witkoff meeting

Next Post

Direct Flights from Quetta to Iran and Iraq Approved to Facilitate Arbaeen Pilgrims

Related Posts

SBP-held foreign exchange reserves rise $56m to $16.16bn
Business & Finance

SBP-held foreign exchange reserves rise $56m to $16.16bn

February 6, 2026
Tata Motors Passenger Vehicles expects JLR recovery, maintains margin target
Business & Finance

Tata Motors Passenger Vehicles expects JLR recovery, maintains margin target

February 6, 2026
Kazakhstan hints at importing 50,000 tonnes of potatoes
Business & Finance

Kazakhstan hints at importing 50,000 tonnes of potatoes

February 5, 2026
China export boost can help shrink trade gap: experts
Business & Finance

China export boost can help shrink trade gap: experts

February 5, 2026
Kazakhstan shows interest in importing 50,000 tonnes of potatoes from Pakistan: ministry
Business & Finance

Kazakhstan shows interest in importing 50,000 tonnes of potatoes from Pakistan: ministry

February 4, 2026
US Treasury chief warns ‘excessive regulation’ can bring stagnation
Business & Finance

US Treasury chief warns ‘excessive regulation’ can bring stagnation

February 5, 2026

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    127 shares
    Share 51 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    55 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    48 shares
    Share 19 Tweet 12
  • SingTel annual profit more than halves on $2.3bn impairment charge

    48 shares
    Share 19 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.