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Pakistani textile mill wins awards

Feroze is a textile mill from Pakistan. Vertically integrated operations give it a competitive advantage. This increases their profitability in an environment where very few competitors are vertically integrated.

The company performs the entire process of spinning, weaving, cycling and stitching by using state of the art machinery. For the fiscal year ending June 30, 2016, the company’s sales were up 47 per cent compared to financial year 2013.

Feroze has increased its earnings per share by 388 per cent since 2011. Among its clients are Walmart, Target, JC Penney, Sears, and Carrefour. The company has won awards from Walmart such as Supplier of the Year award in 2008 and the Execution Excellence award in 2010.

The company began operations in the late 1970s with a single weaving unit and today it is the leading manufacturer and exporter of specialized yarn and textile terry products in Pakistan. It enjoys a four per cent share in the international market for terry towels (bath towels, bath robes, beach towels, and kitchen supplies) and accounts for almost a quarter of total terry towel exports from Pakistan with a monthly capacity to produce up to 4.5 million pounds of terry fabric.

Pakistan’s textile exports have been falling at 3.5 per cent per year since fiscal 2013.

 
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