{
  "id": 16158264,
  "title": "Pakistan’s Interloop to expand production with $23.5mn investment",
  "url": "https://urgent.news/2026/10/23/pakistans-interloop-to-expand-production-with-23-5mn-investment",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-23T05:36:45.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40445591/pakistans-interloop-to-expand-production-with-235mn-investment"
  },
  "original_language": "en",
  "account": "Pakistan's Interloop Limited, a leading textile exporter, has announced plans to invest Rs6.5 billion, or approximately $23.5 million, to expand and modernize its apparel and hosiery operations. This decision was made after the company's board approved the additional capital expenditure during a meeting held on October 22, 2026, in Faisalabad.\n\nInterloop, one of the largest listed companies on the Pakistan Stock Exchange (PSX), informed the bourse about the decision in a recent filing. The investment will be allocated across the company's apparel and hosiery segments to support its growth strategy by expanding production capabilities, enhancing manufacturing capacity, and modernizing existing facilities.\n\nThe investment aims to strengthen operational efficiency, support future business growth, and improve Interloop's ability to meet evolving customer demand. The company is a vertically-integrated, multi-category manufacturer that produces hosiery, denim, knitted apparel, and activewear for global brands and retailers. It also manufactures yarn for textile customers.\n\nInterloop's industrial infrastructure primarily resides in Pakistan, with all its plants located in the province of Punjab. Additionally, the company has manufacturing facilities in Sri Lanka, a sourcing office, and an affiliate manufacturing facility in China. Marketing offices are situated in the USA, Europe, and Japan.",
  "summary": "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…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}