Report 2024 [top] — Hirdaramani Annual

The Hirdaramani Group remains optimistic about its prospects for 2025, with plans to continue investing in sustainability, innovation, and social responsibility. The group aims to:

For stakeholders tracking the apparel sector, the 2024 edition marks a significant pivot from post-pandemic recovery to proactive growth, with heavy investments in automation, water positivity, and workforce upskilling. hirdaramani annual report 2024

Progressive Level Certification for sustainable chemical management. Eco-Awards : The group secured the Gold Award in the Apparel Industry category at the Presidential Environment Awards 2024 for its Mihila facility. Strategic Investments & Growth Mihila Tex : Hirdaramani invested $30 million The Hirdaramani Group remains optimistic about its prospects

For a manufacturer based in Sri Lanka, the stakes were even higher. The domestic economic crisis of 2022-2023 tested the operational limits of every export-oriented business. However, the Hirdaramani report for 2024 highlights a year of consolidation and cautious optimism. The Group has seemingly weathered the storm, leveraging its diversified manufacturing footprint across Sri Lanka, Bangladesh, and Vietnam to mitigate regional risks. Eco-Awards : The group secured the Gold Award

The report argues convincingly that sustainability is no longer a cost center but a revenue driver. As global legislation (such as the EU’s Green Deal) tightens regulations on textile imports, Hirdaramani’s early adoption positions it as a partner of choice for compliance-conscious Western brands.

. As a privately held global enterprise, Hirdaramani does not typically issue a single public "annual report" in the same way as a listed company, though its major partner, , published its Annual Report 2023/24 in November 2024 with a revenue of Rs. 7,329 million Sustainability & Climate Leadership

The Hirdaramani Annual Report 2024 demonstrates the group's commitment to responsible business practices, sustainability, and innovation. With a strong focus on environmental stewardship, social responsibility, and economic growth, the Hirdaramani Group is poised for continued success in the years to come.