This post aims to highlight the incredible and inspiring story of Interloop Ltd. Interloop has grown immensely in the last 30 years. It started its journey in 1992 with 10 socks knitted machines. However, currently, it is among the top 10 exporters in Pakistan. It has 32000+ employees and a network spanning 3 continents. Its vision is “To Become a Full Family Clothing Partner of Choice”. The main factor behind this achievement is the visionary thinking and leadership of Interloop’s chairman and CEO.
Interloop is a Faisalabad-based multinational textile manufacturing company in Pakistan. It is amongst the leading hosiery manufacturers worldwide. Its turnover is more than $476 million. Also, it supplies socks to world-famous brands like NIKE, PUMA, LEVIS, etc. Moreover, it can produce more than 800 million pairs of socks and tights annually. Furthermore, it also has in-house spinning, weaving, dyeing, and finishing facilities.
Musaddiq zulqarnain CEO and chairman of Interloop LTD. He is basically a mechanical engineer from UET Lahore, graduating in 1980. Before that, he completed his FSc in pre-engineering from Cadet College Hasan Abdal. He also worked for 14 years as an Engineer at Sui Northern Gas Pipelines Ltd. He wanted to do something different. So, he quit his job and started his business. He had around 10 million rupees for investment.
Interloop started in 1992 with 10 socks machines. The worth of the whole business was around 10 million rupees. In 2000, It formed the 2nd unit comprising 400 knitting machines. Then in 2003, Interloop established Hosiery Plat 1 with the current capacity of 13.7 million pairs of socks. Then onwards Interloop never looked back and launched different projects. It has 2 spinning units consisting of 46,704 spindles. There are various Hosiery Plants integrated in different years. Similarly, Interloop also established a dyeing unit, a seamless activewear manufacturing unit, and a Denim Apparel manufacturing plant. It is approaching to produce of 1 billion pairs of socks per year.
Keeping in mind the inspirational and motivational story of Interloop, you can also think to do some business. You can choose the business in which you have expertise or can develop the expertise. However, the keypoint is just to START.