Interloop Limited, one of Pakistan’s largest textile exporters, will invest Rs6.5 billion, i.e. approx. $23.5 million, to expand and modernise its apparel and hosiery operations, after its board approved the additional capex.
Interloop, recognised among the largest listed companies on the PSX, informed the bourse in a filing on Friday.
“The Board of Directors of Interloop Limited (ILP) in their meeting held on October 22, 2026, (Thursday), Faisalabad, has approved an additional Capital Expenditure (CAPEX) and Balancing, Modernisation and Replacement (BMR) budget amounting to Rs6.5 billion across the company’s apparel and hosiery segments,” read the notice.
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The approved investment is aimed at supporting the company’s growth strategy through expansion of production capabilities, enhancement of manufacturing capacity, and modernisation of existing facilities.
“The investment is intended to strengthen operational efficiency, support future business growth, and enhance the company’s ability to meet evolving customer demand,” it added.
ILP is a vertically-integrated, multi-category company that manufactures hosiery, denim, knitted apparel, and activewear for leading global brands and retailers. The company also produces yarn for textile customers.
The company’s industrial infrastructure is primarily based in Pakistan, with all its plants located in the province of Punjab. Additionally, Interloop has an associate manufacturing facility in Sri Lanka, a sourcing office and an affiliate manufacturing facility in China, and marketing offices in the USA, Europe, and Japan.