: The mill is a joint venture with Hengda Textiles , aimed at reducing the outflow of foreign exchange for raw material imports.
Hirdaramani Group released its Sustainability Report 2024 in June 2025, detailing its progress toward the "Future First" 2025 roadmap and reporting a revenue of $1.2 billion
: Their "Suryadhanavi Rooftop Solar Project" now generates 16.2 GWh of renewable energy annually , saving approximately 13,400 tonnes of carbon.
The report acknowledges that these investments suppressed short-term profit distribution, but the board argues they are essential for supply chain localization requested by Nike, Lululemon, and Decathlon.
For stakeholders tracking the apparel sector, the 2024 edition marks a significant pivot from post-pandemic recovery to proactive growth, with heavy investments in automation, water positivity, and workforce upskilling.
