Hirdaramani Group Invests LKR 10 Billion In Sustainable Textile Mill ‘Mihila Tex’
The Hirdaramani Group, a leader in apparel manufacturing and sustainability, has announced a significant LKR 10 billion investment in a new textile mill, ‘Mihila Tex’, in Pannala, Sri Lanka. This facility will enhance the future of the apparel industry and strengthen Sri Lanka’s role as a sustainable manufacturing hub.
In partnership with Hengda Textiles, a global leader in textile manufacturing, the Hirdaramani Group aims to boost its sustainable apparel production. This collaboration leverages Hengda’s innovation and commitment to sustainability.
‘Mihila Tex’ is part of Hirdaramani’s long-term strategy to expand its apparel business in Sri Lanka, strengthen the local value chain and reduce reliance on imported raw materials. The key highlights of this project include developing a cutting-edge textile mill with sustainable technologies to minimize energy use and waste, incorporating advanced water recycling and purification systems to reduce water consumption and powering the facility with renewable energy to lower carbon emissions. The partners plan to obtain internationally recognized sustainability certifications and create numerous employment opportunities, positively impacting the local economy.
Vinod Hirdaramani, Chairman of the Hirdaramani Group, stated, “The investment in ‘Mihila Tex’ comes at a strategic point in our growth journey. We are committed to boosting Sri Lanka’s apparel industry and enriching the livelihoods of over 800 employees.”
Zheng Jianfan, Chairman of Hengda Textiles, added, “This venture will offer sustainable, faster and advanced apparel solutions. We look forward to a long-term partnership with the Hirdaramani Group.”
‘Mihila Tex’ will be fully operational by 2025, adhering to Hirdaramani’s Future First Sustainability Agenda.
