Nishat Mills Limited (NML), the flagship company of the Nishat Group and one of Pakistan’s largest vertically integrated textile producers, has outlined an ambitious multi-track expansion strategy spanning renewable energy, yarn capacity, garmenting and agribusiness diversification.
Already operating 38 MW of solar, the company plans an additional 4 MW alongside investments in a 45-tonne steam boiler and battery-storage systems to stabilise power supply and cut energy costs. NML continues to position renewable energy as a competitive hedge against Pakistan’s volatile power tariffs.
To strengthen its spinning capabilities, NML will add 3,000 new open-end rotors, raising the total rotor count to 13,000. Construction is also underway on a new workwear garments unit, expected to further diversify its value-added portfolio and reduce exposure to commodity-price swings.
Management noted intensifying competition in Europe, as Bangladeshi exporters — facing higher U.S. tariffs — redirect more volumes to EU markets. NML expects FY25 to be “slightly challenging,” though its expansion into denim, technical textiles and non-traditional export markets is expected to support margins and mitigate risk.
Overall, NML’s roadmap reflects a deliberate shift toward energy self-sufficiency, value-added growth and market diversification amid evolving global trade dynamics.
