Hirdaramani Group, an apparel manufacturer, has achieved a milestone in advancing sustainable apparel production with a Rs. 10 billion investment in a new textile mill, ‘Mihila Tex’ in Pannala.
The Group will collaborate with Hengda Textiles in this venture, a leading global textile manufacturer and technical partner renowned for its innovation and commitment to sustainability.
‘Mihila Tex’ is part of the Hirdaramani Group’s long-term strategy to strategically grow its apparel business in Sri Lanka and strengthen its local value chain to minimise the extensive outflow of foreign exchange for raw material imports, while providing optimised apparel solutions to its customers worldwide.
Highlights of the Mihila Tex’:
Water conservation: Understanding the critical importance of responsible water usage in textile production,the mill will incorporate advanced technology in water recycling and purification systems to minimise water consumption.
Renewable Energy: The facility will be powered by renewable energy sources, aligning with both companies’ commitment to reducing carbon emissions and contributing to Sri Lanka’s renewable energy goals.
Green Certification: Hirdaramani Group and Hengda Textiles plan to obtain internationally recognised sustainability certifications for the mill, affirming their shared dedication to environmentally responsible manufacturing.
Chairman, Hirdaramani Group, Vinod Hirdaramani said, “The investment in ‘Mihila Tex’ comes at a strategic point in our long-term growth journey. Our commitment to boosting Sri Lanka’s apparel industry remains a priority – as reinforced by high value investmentssuch as these – where the industry will benefit from Hengda Textiles’ advanced expertise and best practices in manufacturing. We are also happy to have the opportunity to enrichthe livelihoods of 800+ employees and to extend further impact across the community through our presence in Pannala.”
Chairman, Hengda Textiles, Zheng Jianfan said, “We are happy to embark on this partnership with the Hirdaramani Groupto establish our presence in Sri Lanka, a renowned global apparel hub. We believe that this new textiles venture, supported by the financial backing of the Hirdaramani Group, will help the industry in its upward growth trajectory by offering sustainable, faster, and advanced apparel solutions to customersworldwide.
“We look forward to leveraging the strengths of the Group and the industry as we forge ahead with this long-term partnership over the ensuing months,” he said.
