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Interloop Limited bags

15th EFP-OSH Award An update of Pakistan's textiles

The Interloop Limited, Faisalabad, Pakistan, has won Preparedness, Quality of EHS Management,
the 15th EFP-OSH Award recognizing the best Leadership Commitment, Staff Participation, Training export 2020-2021
practices in Safety, Health, and Environment in the on Incident Reporting & Analysis, and Performance
country's textile sector. When it comes to the safety Monitoring. The essential criteria included:
of workers, Pakistan's textile industries are usually The year 2020-2021 has been the year of growth for Pakistan's Textile Exports. The Economy has
considered to overlook these issues. However, Nominations were sought from companies with best reasonably recovered from a dip of last year due to the COVID-19 situation. The economic recovery
Interloop has proved that the security of workers is practices in the areas of i) Information of cannot be attributed entirely to the holdup of economic activities. The government's timely and appropriate
of utmost importance to the company. The 15th Occupational Health & Safety Management System policies, especially fiscal stimulus, also helped contain the pandemic and recover economic activities.
EFP-OSH Award had a theme, "Making Workplace (OHS – IMS), ii) Emergency Response System
Safer for Now and the Future." (ERS), iii) Performance Assessment in OHSE, and iv) According to the latest data of the Pakistan Bureau of Statistics (PBS), the textile exports were
Reporting of Accidents & Diseases which are Lost recorded at $12692.840 million in July-April (2020-21) against the exports of $10816.276 million in
Among various candidates, Interloop Limited has Workday Cases or Heavier. Other companies should July-April (2019-20), showing a growth of 17.35 percent. The exports of towels increased by 27.18
been presented with the 1st Prize. The criteria were also follow the path of interloop for making the percent, from $610.696 million to $776.708 million; exports of tents, canvas, and tarpaulin grew by
Employee Healthy Monitoring, Emergency workplace safe. 21.86 percent, from $78.556 million to $95.725 million; readymade garments by 12.56 percent, from
$2231.697 million to $2512.021 million; made-up articles, excluding towels and bed wear by 22.22
percent, from $513.405 million to $627.479 million while the exports of art, silk, and synthetic textile
increased from $272.919 to $301.634 million, showing growth of 10.52 percent.
Knitwear Lab Meanwhile, the commodities that witnessed negative growth in trade included raw cotton, exports of
which decreased by 96.51 percent, from $17.002 million to $0.593 million; cotton yarn decreased by
4.03 percent, from $858.580 million to $823.948 million, whereas the exports of cotton cloth also
announces Basic and reduced by 1.24 percent, from $1601.650 million to $1581.564 million. Based on the figures, the trade
deficit increased by 21.60 percent by swelling from $19.593 billion last year to $23.825 billion during
Advanced courses the current fiscal year.

According to Economic Survey 2020-21 released on 10 June 2021, the exports during July-March FY21
amounted to $18.7bn but remained similar for leather and cotton. The Quantum Index of Manufacturing
Netherlands-based Knitwear Lab is organizing more students, and teachers interested in gaining (QIM) showed a 9.3 percent growth for FY2021 on the standard methodology of PBS. Among various
basic and advanced courses on industrial knitwear. extensive knowledge on designing, programming, industries, QIM for textiles was 5.9 percent, and the leading QIM of 23.4 percent was for the automobile
The July course is already fully booked, but two new and manufacturing knitwear. sector. The value added exports have risen, including clothing, home textiles, and apparel. Contrarily,
courses have been added to its program for August. raw or intermediate exports have fallen, e.g., cotton yarn, raw leather, and others which is a good
Knitwear Lab is a research and knowledge hub The 5-day intensive program of the Basic Course indication as selling value-added products instead of raw cotton yarns could boost profit margins.
specialized in innovative, sustainable, and introduces you to the M1plus pattern software and
design-driven knitwear solutions. Both the Basic and teaches you how to work with the Stoll ADF and Government is providing a series of subsidies for electricity and gas to export-oriented industries
Advanced Courses will take place in the company’s CMS530 flatbed knitting machines, where the (textiles, leather, carpets, surgical and sports goods). Power tariff has been fixed at US$ 0.07/unit for
Lab in Almere, near Amsterdam. practice-oriented approach allows attendees to July-August FY2021 and US$ 0.09/unit for September-June FY2021. Gas tariff fixed at US$
develop their first knitted swatches. Particular focus will 0.065/MMBtu for the whole FY2021. Power Division has allocated Rs 20 billion subsidy for this
The Basic Course will take place from 9-13 August be placed on (sustainable) fibers and yarns, Adobe for purpose. It seems that with such industry favoring policies, the textile industry will take the advantage
and the Advanced Course from 16-20 August. The knitters, and creating a Tech Pack to communicate to increase their exports for the fiscal year 2021-2022.
curriculum primarily caters to knitwear professionals, in-depth with your programmer or designer.

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