"I'm looking for young, exciting new girl singers," Louis tells us. "I intend holding auditions in the autumn and it will take about a year to get them up and moving together as a group.
"I'd love the
Sunday World to help with the auditions and come on board to help find Ireland's next big girl group," he added. This will be Louis's latest entrance into the girl group market.
His first foray being with Girls Aloud, who were formed during the making of ITV's Popstars: The Rivals show back in 2003.
He mentored the band, which included Derry lass Nadine Coyle, and then became their manager and scored huge success with them.
In fact, Girls Aloud became the biggest girlband since the Spice Girls.
Before that he mentored Irish girlband Bellefire, and alongside Kian Egan, the Mayo music mogul was also involved in the creation and management of girlband Wonderland.
That quintet was formed in 2008 and featured Kian's wife Jodi Albert, but split in 2011 after failing to set the charts alight.
Louis is better known for creating and also managing boybands, having created both Boyzone and Westlife.
He became a household name in the UK thanks to being a judge on the X Factor.
On that show he mentored popular groups such as Jedward but his only winning achievement on the series was with Shayne Ward.
Louis has also mentored several girl groups during his time as a judge on X Factor, but his new search for has surprised some, given he stated he's not overly keen on them.
"I don't particularly like working with girlbands because it's very hard to find a girlband that will all get on," he once said.
Louis also previously declared: "Girls are high maintenance, it's easier to manage boy bands - less hairspray, less make-up, less baggage."