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companylogoSafari Industries (India) Ltd

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BSE Code : 523025 | NSE Symbol : SAFARI | ISIN : INE429E01023 | Industry : Moulded Luggage |


Chairman's Speech

This year marked a defining chapter in our journey, as we continued to build a business that balances performance with responsibility. In FY 2024–25, Safari expanded its operational footprint with the launch of the Jaipur plant, further strengthening our commitment to sustainable and resilient growth. As we scale, our focus remains firmly on minimising environmental impact, enhancing workplace practices and supporting the well-being of communities we serve.

We have deepened our environmental stewardship across operations. The share of renewable energy in our facilities increased from 2.4% to 8%, reflecting a meaningful transition toward cleaner sources. Reused water now accounts for 32% of total water consumption, significantly reducing dependence on freshwater. Additionally, we achieved 100% waste recycling across our manufacturing units, an outcome of disciplined and structured waste management practices.

To drive further progress, we are pursuing IGBC Green Building certification, integrating sustainability into how we design and manage our infrastructure. As our product portfolio grows, we are increasing the use of sustainable materials and adopting circular design principles that minimise waste and extend product life - aligning our growth with long-term environmental goals.

Equally, we remain deeply invested in our people. Our workforce grew by 11% during the year, with a 26% increase in the number of women, an encouraging step towards greater diversity and inclusion. We continue to maintain a workplace where individuals feel respected, supported and empowered. Structured development programs, open communication and a strong focus on well-being create an environment where people can thrive and grow with the organisation. Our teams also actively engage in volunteering and community partnerships to support local needs.

Our governance framework anchors these efforts. With clearly defined roles, robust policies and integrated risk management, we ensure consistent decision-making and strengthen accountability across the organisation. Sustainability is embedded in our day-to-day choices, shaping how we operate, grow and deliver value responsibly and purposefully.

sd/-

Sudhir Jatia

Chairman & Managing Director

   

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