Hirdaramani Annual — Report 2024 Exclusive

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.

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Hirdaramani has achieved net-zero greenhouse gas (GHG) emissions from energy across all its manufacturing operations in Sri Lanka Hirdaramani.

We recognize that technology amplifies, but people create. hirdaramani annual report 2024

Hirdaramani became one of the few Asian apparel manufacturers to claim "Water Positive" status in its Sri Lankan operations. For every liter of freshwater extracted, the company replenished 1.5 liters back into local watersheds through rainwater harvesting and community well restoration projects.

The 2024 report details investments in:

The most significant development in Hirdaramani’s 2024 reporting year was the approval of its net-zero science-based targets by the SBTi. This approval places the company among a select group of global organizations with verified pathways to align their operations with climate science. We recognize that technology amplifies, but people create

Disclaimer: The information above is synthesized from available 2024/2025 publications and public announcements related to the Hirdaramani Group's Future First roadmap.

Below is an summarizing what you would likely find in the Hirdaramani Annual Report 2024 if it follows the group’s established reporting pattern.

Formally advanced the project in Pannala, Sri Lanka, optimizing localized fabric sourcing and minimizing transit emissions. 👥 Social Impact, Wellbeing & Ethical Purchasing We recognize that technology amplifies

: 16 facilities are certified LEED or green buildings.

The Group launched its own internal awards programme to recognise outstanding CSR initiatives. Winners included Project WOW School for a Sustainable Future (Gold) and Project Autism Awareness for an Inclusive Future (Bronze).

Hirdaramani has successfully matched infrastructure scale with rigorous green building standards.