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Hirdaramani Annual Report 2024 Verified

Over 21,000 employees have been trained in "Wonders of Wellbeing" and "Her+" programmes, which are internationally recognized initiatives aiming for a "Life Well Lived".

The report lists key risks for 2025:

With decades of experience, Hirdaramani has transitioned from a traditional garment manufacturer to a strategic partner for global brands, providing end-to-end solutions from design to distribution. 1. Financial Performance and Strategic Resilience

stands for W ell-being, E quity for All, A ssured Integrity, V alue and Vitalise, and E levate Learning. hirdaramani annual report 2024

“At Hirdaramani, we do not merely stitch fabric; we engineer trust. In 2024, we proved that a century-old family business can out-learn and out-perform. Our true ROI is measured in carbon avoided, women empowered, and the unbroken trust of our partners. We move into 2025 not as a vendor, but as a vital architect of a sustainable, just apparel industry.”

The cornerstone of Hirdaramani’s 2024 corporate publications is its , which covers the reporting period from January 1, 2024, to December 31, 2024 . This report is the definitive public document that details the company's performance, guided by its ambitious "Future First" Sustainability Roadmap for 2025 . This roadmap is a strategic framework built on four key pillars:

: They now operate 17 LEED Platinum or Gold-certified facilities, reinforcing their position as a global leader in sustainable manufacturing. Over 21,000 employees have been trained in "Wonders

The "One Group" strategy is evident in the geographical breakdown provided in the report. Hirdaramani has successfully de-risked its operations by maintaining a balanced portfolio across South Asia.

A goal to achieve a 90% reduction in Scope 1, 2, and 3 emissions by 2050. Financial Performance and Strategic Resilience stands for W

In an era defined by global supply chain volatility, rising operational costs, and an increasing demand for ethical manufacturing, the release of the Hirdaramani Annual Report 2024 offers a critical lens into how one of Sri Lanka’s oldest and most respected apparel giants is navigating the future. The report, published in Q2 of 2025, is more than a financial disclosure; it is a manifesto for "Agile and Responsible Manufacturing."

Through the Suryadhanavi Rooftop Solar Project , solar PV panels have been installed across facility rooftops group-wide. This infrastructure generates 16.2 GWh of renewable energy annually , saving roughly 13,400 tonnes of carbon emissions.

A standout development detailed in the 2024 operational review is Hirdaramani's major focus on regional supply chain security. Global supply shocks and evolving lead-time pressures have made domestic fabric sourcing vital for South Asian manufacturers. Hirdaramani Apparel Sustainability Report 2024

For over a century, the Hirdaramani Group has been a cornerstone of Sri Lanka's industrial landscape, evolving from its roots into a global leader in apparel manufacturing. Today, the company stands as one of the country's largest conglomerates, employing over 40,000 people across 33 facilities in Sri Lanka, Bangladesh, Vietnam, and Ethiopia. While the group has diversified into sectors like renewable energy, leisure, retail, and finance, its core identity remains rooted in delivering end-to-end apparel solutions to premium international brands. , a principle that has moved from a complementary activity to the central driver of its business strategy.

In 2024, the Hirdaramani Group advanced its Future First Sustainability Roadmap 2025 by achieving net-zero emissions from energy in Sri Lanka and receiving SBTi approval for its targets. Key milestones included a $30 million investment in a new textile mill and receiving top honors at the Presidential Environment Awards 2024. For more details, visit Hirdaramani Hirdaramani: Sustainable Apparel Manufacturer in Sri Lanka