- Business
- Dollar Industries Limited (DOLLAR.BO), founded in 1972 and headquartered in Kolkata, West Bengal, India, manufactures and sells hosiery and apparel products including knitted innerwear, casual wear, thermal wear, athleisure, sportswear, lingerie, leisure wear, sleepwear, and lounge wear for men, women, and children; core brands encompass Dollar Man, Dollar Woman, Dollar Junior, Dollar Always, Dollar Protect, Dollar Thermal, Dollar Bigboss premium men's innerwear, Dollar J-Class premium innerwear, Dollar Athleisure stretch fabrics, Force NXT, Dollar Missy, and Dollar Ultra, produced using cotton and man-made fibers at facilities in Kolkata, Tirupur, New Delhi, and Ludhiana. The company holds a 15% share of the Indian hosiery market, operates across 29 states in India with significant exports to the Middle East, UAE, Oman, Jordan, and Qatar, and maintains in-house production with sustainability initiatives such as four windmills generating 4.95 MW, a 4 MW solar plant in Tirupur producing 75 lakh units annually, and a zero-liquid-discharge effluent treatment plant. In September 2025, Dollar Industries approved a composite scheme of arrangement for the demerger of Dindayal Texpro Private Limited's hosiery business and merger of eight promoter group companies including Dollar Brands, ADDS Projects, Amicable Properties, Bhawani Yarns, Goldman Trading, KPS Distributors, PHPL Properties, and Zest Merchants into the listed entity with an appointed date of April 1, 2025, aiming to consolidate the Dollar brand ownership, enhance vertical integration, reduce external vendor reliance, streamline operations, lower costs, and improve governance, subject to regulatory approvals.