Interloop Limited (ILP): Board approves future expansion plans – By AKD Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Interloop Limited (ILP)&rsquo;s board has approved the annual budget for FY25, announcing the following projects/expansions with total investment of US$92.1mn over FY25-26:</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Hosiery Plant 6: Capacity enhancement of Hosiery by 25% with installation of 1,584 additional knitting machines, with commissioning of the project expected by 1QFY26. Total approved investment for said plant is US$58mn</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Denim Expansion: Addition of 20 denim lines with capital outlay of US$18.8mn. Aforementioned expansion would increase total capacity to ~18mn garments/annum</span></li></...