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Mahmood Textile Spinning and Apparel division expansion will add USD 38 million to topline: PSX

admin-augaf by admin-augaf
February 23, 2022
in Business
Reading Time: 2 mins read
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Mahmood Textile Spinning and Apparel division expansion will add USD 38 million to topline: PSX

Mahmood Textile Spinning and Apparel division expansion will add USD 38 million to topline: PSX

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Karachi February 23 2022: Mahmood Textile have expanded their Spinning division (Unit-2) with the capitalization of 10,944 spindles machinery; which has been sourced from ‘REITER’ Switzerland having real-time efficiency and load data that will improve the product quality and increase productivity, as per company filling to the exchange.

The advanced technology machinery is power efficient and aims to increase efficiency resulting in the addition of USD 8 million to the topline. This addition will help us achieve EOS along with the creation of employment generation for an additional 250 employees.


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In Apparel Division , company have successfully commenced our operations at the Apparel unit with a production capacity of 10,000 units per day which will add approximately USD 30 million to the topline.

It will be Platinum Leed Certified facility operating to increase overall output and use leading technologically advanced equipment. All operational and business strategies are aligned with industry 4.0 guidelines.

In the same facility, we have installed ETP Plant and Ro Setup with a target of zero discharge, Jacket water heat recovery system and Waste heat recovery boilers. Company also expanded the installation of solar panels up to 2 Megawatts propelling our vision on building a sustainable business practice.

Mahmood Textile Mills Limited was incorporated in Pakistan on February 25, 1970 as a Public Company under the Companies Act, 1913 (now the Companies Act, 2017). The Company is principally engaged in manufacture and sale of yarn, grey cloth and generation of electricity.

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