Bilal Fibres Limited, a textile company based in Lahore, has announced plans to explore new business areas, including information technology (IT), health tech, and electric vehicles (EVs). This decision comes as the company continues to face an operational halt in its main manufacturing activities, which were suspended in the second quarter of 2025.
As part of its efforts to recover and grow, the company is looking to diversify its operations beyond textiles. In a statement to the Pakistan Stock Exchange (PSX), Bilal Fibres shared that it is currently working closely with consultants, stakeholders, and technical experts to develop a detailed business plan for this new direction.
Although textiles will still remain the company’s main area of focus, the addition of these new sectors marks a shift in strategy. The company believes that expanding into growing industries like IT, healthcare technology, and electric vehicles could help reduce risks and create new opportunities for the future.
This strategic move comes at a time when many companies in Pakistan and around the world are exploring new paths to stay competitive and resilient. By entering industries that are expected to grow rapidly in the coming years, Bilal Fibres hopes to adapt to changing market conditions and set the stage for a stronger comeback.
While the new plans are still in progress, the company’s announcement signals a bold step toward transformation and long-term sustainability. Further updates are expected once the business plan is finalized.
