In essence, the is already here—not as a static document, but as a dynamic, evolving record of a company that is continuously progressing, together. As the Group finalises its formal disclosures for the 2024 financial year, the themes outlined above will undoubtedly form the backbone of a report that is less about retrospective accounting and more about future‑focused transformation. For stakeholders, investors and sustainability watchers alike, the message is clear: Hirdaramani is not just reporting its 2024 milestones—it is building its 2050 legacy, one garment, one kilowatt‑hour and one community at a time.
Industry estimates place Hirdaramani Group’s annual revenue in the range of . More importantly, 2024 has been a year of significant, targeted investment. The marquee event was the announcement of a Rs 10 billion (approximately $30 million) investment in a new, cutting‑edge textile mill named ‘Mihila Tex’ in Pannala, Sri Lanka. This state‑of‑the‑art facility is designed to minimise energy consumption, reduce waste generation and optimise resource management, while incorporating advanced water‑recycling and purification systems. The mill, a joint venture with Chinese textile giant Hengda Textiles, is expected to be fully operational by 2025 and will create over 800 direct jobs.
The showcases a landmark period for the global apparel conglomerate as it aggressively converts its environmental and social ambitions into independently audited actions. Operating across Sri Lanka, Bangladesh, Vietnam, and Ethiopia, the pioneering fashion manufacturer utilized 2024 to solidify its "Future First" Sustainability Roadmap . The group formalized major achievements in net-zero energy operations, expanded its massive renewable energy footprint, and became the first Sri Lankan company to secure approved Net-Zero Science-Based Targets from the SBTi. The Strategic Pillars of "Future First"
A core pillar of any annual report is financial performance. While Hirdaramani Group’s precise 2024 financial statements are not publicly available for a standalone company, industry data and the Group’s own announcements paint a picture of robust growth and strategic capital allocation.
Textile manufacturing is resource-intensive. Hirdaramani’s 2024 data showcases how infrastructure investments can decouple corporate growth from environmental degradation. Decarbonization and SBTi Approval
The Hirdaramani Group is a diversified conglomerate with a rich history spanning over 135 years. Founded in 1883, the company has evolved into a leading player in various industries, including textiles, apparel, real estate, and financial services. With a strong presence in Sri Lanka and a growing international footprint, Hirdaramani has established itself as a reputable and innovative business leader.
The 2024 reporting period marks the final push toward Hirdaramani's highly ambitious 2025 sustainability targets. The entire report is framed around four core pillars designed to reshape how the organization approaches global fashion manufacturing: Hirdaramani Apparel Sustainability Report 2024
The 2024 reports highlight a pivotal year where the company invested Rs. 10 billion into , a new eco-friendly textile mill in Pannala. This investment isn't just about fabric; it's about reducing dependence on imports and creating 800 new jobs for the community. Key milestones from the year include:
The Hirdaramani annual report 2024 provides a detailed analysis of the company's segmental performance. Key highlights include:
In essence, the is already here—not as a static document, but as a dynamic, evolving record of a company that is continuously progressing, together. As the Group finalises its formal disclosures for the 2024 financial year, the themes outlined above will undoubtedly form the backbone of a report that is less about retrospective accounting and more about future‑focused transformation. For stakeholders, investors and sustainability watchers alike, the message is clear: Hirdaramani is not just reporting its 2024 milestones—it is building its 2050 legacy, one garment, one kilowatt‑hour and one community at a time.
Industry estimates place Hirdaramani Group’s annual revenue in the range of . More importantly, 2024 has been a year of significant, targeted investment. The marquee event was the announcement of a Rs 10 billion (approximately $30 million) investment in a new, cutting‑edge textile mill named ‘Mihila Tex’ in Pannala, Sri Lanka. This state‑of‑the‑art facility is designed to minimise energy consumption, reduce waste generation and optimise resource management, while incorporating advanced water‑recycling and purification systems. The mill, a joint venture with Chinese textile giant Hengda Textiles, is expected to be fully operational by 2025 and will create over 800 direct jobs.
The showcases a landmark period for the global apparel conglomerate as it aggressively converts its environmental and social ambitions into independently audited actions. Operating across Sri Lanka, Bangladesh, Vietnam, and Ethiopia, the pioneering fashion manufacturer utilized 2024 to solidify its "Future First" Sustainability Roadmap . The group formalized major achievements in net-zero energy operations, expanded its massive renewable energy footprint, and became the first Sri Lankan company to secure approved Net-Zero Science-Based Targets from the SBTi. The Strategic Pillars of "Future First" hirdaramani annual report 2024
A core pillar of any annual report is financial performance. While Hirdaramani Group’s precise 2024 financial statements are not publicly available for a standalone company, industry data and the Group’s own announcements paint a picture of robust growth and strategic capital allocation.
Textile manufacturing is resource-intensive. Hirdaramani’s 2024 data showcases how infrastructure investments can decouple corporate growth from environmental degradation. Decarbonization and SBTi Approval In essence, the is already here—not as a
The Hirdaramani Group is a diversified conglomerate with a rich history spanning over 135 years. Founded in 1883, the company has evolved into a leading player in various industries, including textiles, apparel, real estate, and financial services. With a strong presence in Sri Lanka and a growing international footprint, Hirdaramani has established itself as a reputable and innovative business leader.
The 2024 reporting period marks the final push toward Hirdaramani's highly ambitious 2025 sustainability targets. The entire report is framed around four core pillars designed to reshape how the organization approaches global fashion manufacturing: Hirdaramani Apparel Sustainability Report 2024 This investment isn't just about fabric
The 2024 reports highlight a pivotal year where the company invested Rs. 10 billion into , a new eco-friendly textile mill in Pannala. This investment isn't just about fabric; it's about reducing dependence on imports and creating 800 new jobs for the community. Key milestones from the year include:
The Hirdaramani annual report 2024 provides a detailed analysis of the company's segmental performance. Key highlights include: