Hirdaramani Annual Report 2024 ((better)) -
Hirdaramani Group
The is a major Sri Lankan conglomerate with a century-long legacy in the apparel industry and diversified interests in renewable energy, leisure, and retail. The primary focus of their 2024 reporting is their Apparel Sustainability Report , which outlines their path to net-zero and significant environmental achievements . 2024 Sustainability Performance
digital equity for supplier communities
The Hirdaramani Foundation redirected focus toward . We established four Community Tech Hubs in rural garment-proximate villages, offering free coding, English, and financial literacy to 1,500 youth and dependents of employees. Additionally, our “Retire with Dignity” provident fund enhancement ensured that 98% of retiring workers receive a lump sum equivalent to two years’ final salary. hirdaramani annual report 2024
The "One Group" strategy is evident in the geographical breakdown provided in the report. Hirdaramani has successfully de-risked its operations by maintaining a balanced portfolio across South Asia. Hirdaramani Group The is a major Sri Lankan
- Smart Factories: Implementation of real-time production monitoring systems. The report describes how sensors and IoT devices are now tracking efficiency on the shop floor, allowing management to identify bottlenecks instantly.
- Supply Chain Visibility: Investments in digital platforms that offer end-to-end visibility for clients. In an era where brands want to know exactly where their fabric came from and how long it sat in a warehouse, this transparency is a key selling point.
- 3D Design and Sampling: By adopting 3D design technologies, the Group has significantly reduced the lead time from concept to prototype. The report cites reductions in sample shipping costs and faster "speed-to-market" metrics, crucial for the fast-fashion and "near-shoring" demands of modern retail.