He is the present Chairman of the boards of State public sector undertakings Gujarat Alkalies and Chemicals Limited (GACL) (GACL) and Gujarat Mineral Development Corporation Ltd(GMDC), GIFT City, standing committee of Pandit Deendayal Energy University, Gandhinagar and former Non-Executive Chairman of Bank of Baroda.

[4] A week after the government nominated him chairman of state-owned Bank of Baroda where he served till 29 February 2024, he was appointed as the Chancellor of Central University of Gujarat.

[6] Hasmukh Adhia is a Doctor of Philosophy (PhD) in yoga from the Swami Vivekanand Yoga University in Bangalore,[2][7][8] and is a gold medallist in one year post graduate programme in public management and Policy for Government and Non Government Executives (PGP-PMP) from Indian Institute of Management Bangalore.

[23][24] Ahead of his retirement, Adhia was praised by Minister of Finance Arun Jaitley, who called him "highly competent, disciplined, no-nonsense civil servant [...] with impeccable integrity,"[19][25] and said that Adhia refused important post-retirement assignment from the government and instead intended to focus on spirituality and caring for his son.

[27] Adhia is considered one of the key persons behind the architecture and roll-out of the controversial Goods and Service Tax in India.

Hasmukh Adhia was considered to be one of the key persons in bringing controversial LTCG tax for Stocks without any indexation benefits.