Our "Factory as a Platform" vision accelerated. We moved beyond automation to augmentation:
The company marked the . This program places associates at the center of the company's purpose, focusing on holistic care across health, economic security, career development, and community belonging. The program engages over 21,000 employees through well-being and empowerment initiatives. A strong emphasis is also placed on fair labor practices, ensuring ethical treatment, safe working conditions, and respect for labor rights across all facilities.
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:
Hirdaramani’s vertically integrated operations are strategically positioned across Asia to serve leading global brands. As of 2024, its manufacturing presence spans several key locations. This multi-country footprint allows the company to offer agile and resilient supply chain solutions, leveraging proximity to customers and regional trade agreements. hirdaramani annual report 2024
🔗 Read the full report here: [Insert link to report]
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.
Decrease Scope 3 emissions derived from purchased goods and services by within the same timeframe. Net-Zero Long-Term Targets (2050) : Our "Factory as a Platform" vision accelerated
To ensure accountability, Hirdaramani has structured its decarbonization path into dual, time-bound checkpoints: :
The group continues to solidify its presence in key manufacturing hubs like Bangladesh and Vietnam while maintaining strong roots in Sri Lanka. Conclusion
To understand the significance of the Hirdaramani 2024 report, one must first contextualize the environment in which it was written. The global apparel sector has been battered by what economists term a "polycrisis": post-pandemic demand fluctuations, the Red Sea shipping crisis, soaring energy costs, and the lingering effects of global inflation. The program engages over 21,000 employees through well-being
: Rooftop solar arrays installed across global facilities now yield 16.2 GWh of clean energy annually , stripping 13,400 tonnes of carbon from the atmosphere.
Minimizing resource depletion and maximizing circularity.