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Interloop approves Rs6.5 billion apparel and hosiery expansion

The board approved the extra spending on October 22 in Faisalabad, and the company said the money will raise output and upgrade its plants in Punjab.

Zaviya Desk

· 3 min read

Zaviya

Interloop Limited, one of Pakistan’s largest textile exporters, will invest Rs6.5 billion, or about $23.5 million, to expand and modernise its apparel and hosiery operations. The company’s board approved the additional spending at a meeting held on Thursday, October 22, 2026, in Faisalabad. The decision was disclosed to the Pakistan Stock Exchange (PSX), where Interloop is listed, in a filing made on Friday.

What the approved budget covers

The amount is a combined capital expenditure (capex) and Balancing, Modernisation and Replacement (BMR) budget. Capex is money spent on long-lasting assets such as buildings and machinery, while BMR refers to upgrading or replacing existing equipment so that a plant runs better. The budget applies across both the apparel and hosiery segments of the business.

Why the company says it is investing

In its notice to the exchange, the company said the investment supports its growth strategy by expanding production capabilities, raising manufacturing capacity and modernising existing facilities. It said the spending is intended to “strengthen operational efficiency” and to help the company meet changing customer demand. The plan therefore covers both its existing plants and added capacity.

About the company

Interloop is a vertically integrated, multi-category manufacturer, which means it handles several stages of production in-house. It makes yarn for textile customers and produces hosiery, denim, knitted apparel and activewear for leading global brands and retailers. Its industrial base is in Punjab, where all of its plants are located.

The company also has an associate manufacturing facility in Sri Lanka, a sourcing office and an affiliate manufacturing facility in China, and marketing offices in the United States, Europe and Japan. Its overseas presence is therefore wider than its factory base, with sales and sourcing teams in several markets.

Context and what comes next

Textiles are one of Pakistan’s most important export industries, and exporters that supply global brands often invest in machinery and capacity to keep up with buyers’ orders. The filing links the new spending to the company’s growth and efficiency goals rather than to any single contract. No completion date has been announced, and no split of the amount between the apparel and hosiery segments has been given. Further details would be expected through the company’s future notices to the PSX.

Aasan alfaaz mein

Interloop Limited, jo Pakistan ki bari textile exporters mein shamil hai, apni apparel aur hosiery factories ko barhane aur modern banane ke liye Rs6.5 arab (taqreeban $23.5 million) lagaye gi. Company ke board ne ye faisla 22 October ko Faisalabad mein meeting mein manzoor kiya aur Friday ko PSX ko ittela di. Is ka matlab ye ho sakta hai ke Punjab mein textile ki production aur export mein izafa ho, lekin qeematon ya naukriyon par asar ka abhi koi figure nahi bataya gaya. Aam log abhi koi fori tabdeeli nahi dekhein ge, lekin aage ke elanat par nazar rakhen.

Questions readers ask

FAQ

Interloop Limited will invest Rs6.5 billion, which the company’s notice puts at approximately $23.5 million, after its board approved the additional capex and modernisation budget.

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