The President of Uganda Yoweri Kaguta Museveni commended Pearl Dairy Farms for its intensive financial investment in the country and generating employment in the region.
At the event he said “Uganda currently generates 2.2bn litres of milk but only consume 800m liters. We currently sell USD 50m per year worth of milk, but with endeavors like these we shall certainly be making six times that (USD 300m) in a few years. Surprisingly, we have been able to generate this much milk and yet feed our cattle rather sub-standard grass. If only our people could pay more attention to the type of grass they feed their cattle, we would be doing much better.”
Midcom Group started Pearl Dairy in 2013 and has for the past three years bought over 200 million liters of milk from farmers by offering competitive prices amidst seasonal fluctuations and global dairy prices.
Mr. Bhasker Kotecha, the Founder and Chairman of Midcom Group expressed his gratitude to the different stakeholders who have played “pivotal roles” in the success of the company.
“Pearl Dairy Farms is thankful to the Government of Uganda under the leadership of His Excellency Yoweri Kaguta Museveni for the conducive and attractive policies; both investment and economic that have enabled Pearl Dairy exist and flourish in Uganda” he said.
“Furthermore, the ministry of Agriculture, Animal Industry and Fisheries and the Dairy Development Authority have been pivotal with continued guidance. Last but not least, the farmers that have consistently supplied us with high quality milk consistently without waiver- we are eternally grateful,” Mr. Kotecha, added.
Devendra Seth, Managing Director, Pearl Dairy said that they will continue to provide training to farmers and cooperative societies and on strategies to stimulate milk consumption.
As part of their quality control measures, Pearl Dairy Limited has also distributed over 2000 milk cans to farmers at no profit in order to ensure clean milk transportation from the farm to the factory. Pearl Dairy Farms Ltd also shares best practices with farmers in milking, milk handling and hygiene.
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