Hirdaramani Annual Report 2024 |link| Jun 2026

A primary roadblock noted by the group is that roughly within the wider global supply chain still stem from synthetic sources. To bypass this sector-wide limitation, Hirdaramani is pursuing a two-pronged approach:

The Hirdaramani Group’s strategic vision is . The 2024 reporting period provides substantial evidence that the company is not merely weaving this vision but is embedding it into the very fabric of its global operations.

The fashion and textile sector faces intense global scrutiny regarding its environmental impact. Hirdaramani’s 2024 data showcases rapid progression toward operational net-zero status through aggressive eco-engineering: Net-Zero Validation and Green Buildings Hirdaramani Apparel Sustainability Report 2024

: Operations now span six countries, including Sri Lanka, Bangladesh, Vietnam, and Ethiopia, with over 55,000 associates. Financial Highlights (ODEL PLC - Retail Sector) hirdaramani annual report 2024

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.

Over 21,000 employees were actively engaged through localized, comprehensive health, financial literacy, and career advancement programs. 3. Supporting Communities

: The group reinforced its footprint with a groundbreaking $30 million investment in Mihila Tex , a cutting-edge textile mill in Pannala designed to strengthen the local value chain. A primary roadblock noted by the group is

The global apparel industry is undergoing a massive transformation. Consumer awareness, strict international regulations, and climate change are pushing brands to rethink their supply chains. At the center of this movement stands the , a pioneering apparel manufacturer founded in Sri Lanka during the early 1900s.

Looking ahead, the is leveraging technology to increase productivity and meet the traceability demands of modern consumers.

Out of 28 global manufacturing locations, 17 facilities now hold LEED Gold or Platinum certifications . This includes the globally recognized, custom-built Mihila plant. The fashion and textile sector faces intense global

The group’s carbon strategy splits into urgent near-term execution and long-term deep decarbonization: Target Category Scope 1 & Scope 2 Metrics Scope 3 Metrics 54.6% reduction (from 2022 base year) 32.5% reduction in purchased goods & services Net-Zero Targets 90.0% deep reduction

: All energy emissions across Hirdaramani's manufacturing operations in Sri Lanka have achieved verified Net-Zero status . Advancing Resource Conservation and Green Architecture

If you’d like, I can: (a) draft a one-page executive summary for Hirdaramani Annual Report 2024 using assumed numbers, or (b) create a suggested KPI dashboard layout — tell me which.