To accommodate the rising demand, Pakistan’s Interloop Limited plans to invest $300 million in expanding its manufacturing capacity and building an apparel plant.
“By FY26, management intends to have more than doubled the company’s sales.”
“Over the next three years, we anticipate 46 percent revenue growth and 41 percent profit growth,” said Muhammad Maqsood, Interloop’s President/Group CFO.
ILP, Pakistan’s largest textile company, has enormous development potential as a result of its continual expansion and diversification of its product range. Nike, Target, Puma, and Adidas are among the company’s biggest customers in the hosiery category, accounting for over 90% of its sales. Maqsood stated that the firm has continued to expand in order to meet increased demand and expand its presence.