This is not even remotely the first crisis the chairman of Din Textile Mills has faced. Today, Din Textile Mills has four spinning units, and one dyeing unit, located at Multan Road Pattoki and Raiwind. Which is why on September 23, Din Textiles informed the Pakistan Stock Exchange it would set up a weaving project, to start operating in January 2021. Similarly, the Tata Group merged their three companies – Island Textile Mills, Salfi Textile Mills, and Tata Energy – with their fourth company, Tata Textile Mills. According to Samiullah Tariq, head of research and development at Pak Kuwait Investment Company, said, “Regarding Din textiles, I believe they’re going for weaving business as ample export orders are available these days.

Source: Pakistan Today October 05, 2020 05:48 UTC