Interloop Announces Rs. 15 Billion Dairy Plant

Interloop Holdings is set to invest Rs. 15 billion in a new dairy processing plant in Pakistan, through its subsidiary IL Foods Limited, in collaboration with Turkey's Rella Gida. Interloop CEO Musadaq Zulqarnain disclosed the investment, highlighting the facility's production of cheese, butter, and high-value whey protein concentrate.

The advanced plant will manufacture Whey Protein Concentrate 80 (WPC80), a lucrative protein ingredient, along with various dairy products. The company also intends to export a portion of its production, aiming to boost Pakistan's value-added exports. Upon commissioning, Interloop's annual milk processing capacity will expand to 180 million litres, as stated by Zulqarnain.

The investment underscores the company's emphasis on value addition, technology, import substitution, and the development of Pakistan's dairy industry. Interloop Limited, established in Faisalabad in 1992, has emerged as one of Pakistan's top exporters and a leading global hosiery manufacturer. The company produces a range of products, including socks, tights, denim, knitted apparel, seamless activewear, and yarn, catering to prominent international brands and retailers.