Pakistani pipe manufacturer International Industries Limited (IIL) has established a wholly-owned subsidiary in Ireland, named INIL Europe Limited, according to a stock exchange filing.
The new entity aims to expand IIL’s global footprint by trading its products in Ireland and across the European Union.
IIL emphasized its continued focus on sustainable growth in both domestic and export markets, while actively exploring new revenue streams. As part of its global expansion strategy, the company has already launched subsidiaries including IIL Australia Pty Ltd., IIL Americas Inc. in Canada, and IIL Trading (Pvt) Ltd. in Pakistan.
The company noted that this European venture will help generate foreign exchange and contribute to the economic sustainability of both IIL and Pakistan. IIL expressed confidence in leveraging its brand strength to establish a strong presence in the European market.
IIL is Pakistan’s leading manufacturer of steel pipes, tubes, stainless steel tubes, and polymer fittings, with an annual production capacity of 817,000 tons.