: The group invested $30 million in a cutting-edge textile mill in Pannala, Sri Lanka, to strengthen the local value chain.
The group also announced a pilot program for "on-demand manufacturing" in Vietnam, aiming to reduce overproduction waste by 60% by the end of 2025. hirdaramani annual report 2024
This write-up mimics the tone of a modern, publicly-facing annual report—combining quantitative KPIs with narrative on purpose. For a real internal report, specific financial figures, customer names, and exact factory locations would replace generic placeholders. : The group invested $30 million in a
The report spotlights the Group’s journey toward , documenting tangible reductions in carbon intensity. Hirdaramani has long been a pioneer in this space, being one of the first in the region to embrace carbon-neutral manufacturing facilities. The 2024 report expands on this legacy, detailing investments in: For a real internal report, specific financial figures,
A significant portion of the 2024 report is dedicated to the Group’s "Industry 4.0" roadmap. The traditional image of a garment factory—rows of sewing machines and manual labor—is being actively disrupted.
The report details how the Group managed to protect its margins despite global headwinds. Key to this was a rigorous cost-optimization strategy and a move toward backward integration. By controlling more of the supply chain—from fabric sourcing to packaging—Hirdaramani has insulated itself from some of the volatility in raw material pricing that crippled less integrated competitors.