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HomeBusinessINTERLOOP LIMITED APPROVES FISCAL YEAR 2024-25 BUDGET AND EXPANSION PLANS

INTERLOOP LIMITED APPROVES FISCAL YEAR 2024-25 BUDGET AND EXPANSION PLANS

25 June 2024 ko hui ek board meeting mein, Interloop Limited (ILP) ne kuch aham faislay kiye jo ke operational capabilities ko enhance karne aur mustaqbil ke growth targets ko poora karne ke liye hain. Yeh meeting K2 Meeting Room, Interloop Industrial Park, Faisalabad mein hui thi, jahan board ne fiscal year 2024-25 ke liye company’s Annual Budget approve kiya.

Is meeting ke main points yeh hain ke export sales target USD 670.80 million rakha gaya hai fiscal year 2024-25 ke liye. Iske ilawa, board ne kuch capital expenditures ko bhi approve kiya hai jo ke different business segments mein hain:

Hosiery Plant 6 Expansion
ILP apni hosiery capacity ko 25% increase karne ka plan banaya gaya hai Hosiery Plant 6 ke installation ke sath. Yeh expansion Q1’FY26 tak complete hone ki umeed hai, jismein 1,584 naye knitting machines add kiye jayenge, jiska total investment USD 58 million hai.

Denim Expansion
USD 18.8 million ka capital outlay denim production capacity ko barhane ke liye earmark kiya gaya hai. Q4’FY26 tak, additional 20 production lines commission ki jayengi, jo annual garment output ko taqreeban 18 million units tak le jayengi.

Yarn Dyeing Capacity Expansion
Dyed yarn ki barhti hui demand ko poora karne ke liye, ILP apni in-house yarn dyeing capacity ko 20 metric tons se barhake 28 metric tons kar raha hai. Yeh project, jo ke USD 13.2 million ka hoga, Q1’FY26 tak complete hone ki umeed hai.

Renewable Energy Initiative
Environmental sustainability ke commitment mein, ILP ne additional 4MW solar energy capacity installation ko approve kiya hai, jiski cost USD 2.1 million hoga. 

Ye initiative Q3’FY25 tak operational hone ki umeed hai, jo ke ILP ki total green energy generation capacity ko 16.6MW tak le jayega, aur greenhouse gas emissions per kam karega.

Yeh strategic investments ILP ke proactive approach ko show karte hain operational efficiency aur sustainability mein, jabke future market demands ke liye bhi tayyari kar rahe hain.

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