Welcoming the initiative of Dabur International to set up a packaging facility in Pakistan, through a gulf based subsidiary, the PHD Chamber said that it is a trend setting initiative and would encourage other Indian companies to set up base in the neighboring countries. 

According to the PHD Chamber, many Indian companies have been toying with the idea of setting up units in Pakistan. Currently bilateral economic cooperation between India and Pakistan is restricted to trade. Once joint ventures are set up, this will lead to a deeper integration of our economies for mutual benefit.  Such Joint Ventures would go a long way in making available goods in Pakistan at a price much lower than that being sourced by them from other countries.  It would also help in generation of employment and other economic benefits.

PHD Chamber feels that such initiative would give a critical push to the Intra-SAARC investment and trade which is currently negligible. The key for boosting the SAARC economic cooperation lies in enhancing the investment between India and Pakistan.