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

Research analyst at Karachi-based Topline Securities, Myesha Sohail, shared with Inside Denim 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 denim and workwear clothing and fabric supplier Wernerfelt earlier this year. It also commissioned a 9.86-megawatt solar farm, among other projects.

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