The MAS
Story

From humble beginnings in 1987, with just 26 machines and 60 people in a single facility, MAS has grown into a two-billion-dollar global apparel tech powerhouse, driven by the vision of Mahesh Amalean and his brothers. We reach beyond the boundaries of manufacturing – crafting innovative solutions that push boundaries and redeﬁne the industry.

GLOBAL APPAREL
TECH POWERHOUSE

USD 2 Bn.

Our Global Reach

Our Plan for Change

The Plan for Change is a bold commitment to drive sustainable change across our business, amongst our customers, people, and communities, and for our planet. Launched in 2020, with a five-year horizon leading to 2025, the Plan outlines clear goals and commitments for our Group.

SHAPING OUR SUSTAINABILITY STRATEGY AND PLAN FOR

2030

Message from
Our Group CEO

We look forward to this year as it brings us to the close of the last five years of strategic efforts, a significant milestone to mark the culmination of our 2025 strategy.

Progressing Our
Plan for Change in 2024

It was important to ensure that we remain both pragmatic and ambitious in our vision and commitments, taking us to 2030, equipped and to influence and lead the change that our industry needs.

2024
Highlights

Sustainable Products

40%

Revenue generated through sustainable products

Empowering Women

26%

Women in management positions

Limit Emission

24.04%

Decrease in absolute emissions (Scope 1 and Scope 2), against 2019 baseline

Energy transition

39%

of our energy from renewable sources

Champion Biodiversity

19,927

Cumulative acres restored or under conservation (79x the space we occupy)

Products Changed
for Good

Our Target for 2025:

Revenue generated through sustainable products

50%

Lives Changed
for Good

TOTAL AVERAGE PERMANENT EMPLOYEES

78664

Our Planet Changed
for Good

Year in Review

Introduction

Impact Review

Disclosure of Management of Material Topics (DMMT)

Annexures

The MAS Story

MAS Holdings