Nishat Mills plots Faisalabad workwear expansion

07/12/2023
Lahore manufacturer Nishat Mills, owned by Nishat Group, will continue to invest in workwear and denim in fiscal 2024, the company has told reporters.

Research analyst at Karachi-based Topline Securities, Myesha Sohail, shared with sportstextiles that the mill’s denim plans include expanding its dedicated Faisalabad unit. Nishat’s total investment across the board already totalled $35.2 million or 10 billion Pakistani rupees as of September, Ms Sohail continued.

The business acquired Danish workwear clothing and fabric supplier Wernerfelt earlier this year. It also commissioned a 9.86-megawatt solar farm, among other projects.