Paramount Textile
Paramount Textile PLC is a Bangladesh-based, publicly listed woven-fabric manufacturer serving international luxury home textile buyers through its 40-acre Gazipur facility, with proprietary seaweed-based bedding technology developed via EU partnerships and plans to add wet processing by end of 2026.
- Company typePublic
- Founded2006
- HeadquartersDhaka, Bangladesh
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Paramount Textile does
Paramount Textile PLC is a Bangladesh-based, publicly listed woven-fabric manufacturer focused on the luxury home textile segment. Founded in 2006 as part of Paramount Group (which traces its origins to Sunrise Chemicals in 1983) and commencing commercial production in 2008, the company operates a 40-acre manufacturing facility in Gilarchala, Sreepur, Gazipur, with BDT 2,000 million authorized capital and a workforce housed within the group's 5,467 employees. Its product portfolio spans high-quality yarn, solid dyed and printed woven fabrics, premium cotton offerings, tri-blend fabric innovations, and a proprietary seaweed-based bedding line developed with Danish and EU technology partners, showcased at Heimtextil 2026 and Texworld New York in 2026.
The company is listed on the Chittagong Stock Exchange under the ticker PTL and was added to the CSE-30 benchmark index effective 30 July 2026. Its go-to-market is export-oriented B2B, targeting international luxury home textile buyers and European retail partners through direct relationships and premier textile sourcing exhibitions. Revenue mechanics are one-time B2B sales of manufactured fabric and home textile products, with premium pricing in the luxury segment where the company characterizes buyer switching as limited. Management is led by Shakhawat Hossain, Chairman and Managing Director and Honorary Consul of Portugal in Bangladesh.
Strategically, Paramount Textile is pursuing vertical integration by adding wet processing capabilities by end of 2026, enabling a complete raw-materials-to-finished-products manufacturing ecosystem. The company has set a 42% greenhouse gas emissions reduction target by 2030 against a 2023 baseline and has invested in automation and AI for manufacturing operations. It carries an AA long-term and ST-1 short-term credit rating from Alpha Credit Rating Limited (as of April 2019) and has accumulated multiple National Export Trophies and ICMAB Gold Trophies across 2013-2020, alongside ICAB and ICSB governance awards.
Paramount Textile firmographics
Firmographics- Name
- Paramount Textile
- Legal name
- Paramount Textile PLC
- Website
- https://paramountgroupbd.com
- Company type
- Public
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Paramount Textile PLC is a Bangladesh-based, publicly listed woven-fabric manufacturer serving international luxury home textile buyers through its 40-acre Gazipur facility, with proprietary seaweed-based bedding technology developed via EU partnerships and plans to add wet processing by end of 2026.
- Ownership category
- akta.pro rank
Paramount Textile industry classification
Industry- Product category
- Woven Fabric Manufacturing
- NAICS
- Broadwoven Fabric Mills (31321)
- SIC
- Broadwoven Fabric Mills, Man Made Fiber & Silk (2221), Broadwoven Fabric Mills, Cotton (2211)
- akta.pro primary industry
- Decorative & Soft Furnishings Manufacturing (Cushion Covers/Throws/Quilts) (IMAOAKAG)
- akta.pro secondary industry
- Bed Linen & Bedding Manufacturing (Sheets/Pillowcases/Duvet Covers/Comforters/Blankets) (IMAOAKAA)
Keywords
Where Paramount Textile is headquartered
LocationHeadquarters
- HQ city
- Dhaka
- HQ country
- Bangladesh
- HQ region
- Asia
Offices3 records
Markets served
Paramount Textile business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure
Revenue model
- Textile Manufacturing and Sales: Manufactures and sells high quality yarn, solid dyed and printed woven fabrics for home textile applications. Focus on luxury segment with premium pricing.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels3 records
Paramount Textile product offering
Product offeringCore offering
Paramount Textile manufactures high-quality yarn and solid dyed and printed woven fabrics for the home textile market from its 40-acre facility in Gazipur, Bangladesh. The company focuses on the luxury home textile segment, producing bedding, curtains, and decorative fabrics, and is developing innovative product lines such as seaweed-based bedding technology in partnership with Danish and EU collaborators.
Product overview
Paramount Textile is a woven fabric and home textile manufacturer established in 2006, operating from a 40-acre facility in Gazipur, Bangladesh. The company produces high-quality yarn and solid dyed and printed woven fabrics, with a strategic focus on the luxury home textile segment. Its product portfolio includes seaweed-based bedding technology developed with European partners, tri-blend fabric innovations, and premium cotton offerings. The company is expanding its capabilities to include wet processing to create an integrated manufacturing ecosystem.
Differentiator
Problem solved
Functional benefit
Products and services
- Woven Fabrics High-quality yarn and solid dyed and printed woven fabrics manufactured at the Gazipur facility for home textile applications, targeting international and domestic B2B buyers.
- Seaweed-Based Bedding Technology Innovative bedding line incorporating seaweed-based materials developed with Danish and EU technology partners, targeting the luxury home textile segment.
- Tri-Blend Fabric Innovations Advanced fabric blends combining multiple fiber types, developed for the premium home textile market to showcase textile innovation capabilities.
- Premium Cotton Home Textiles High-quality cotton home textile products positioned in the luxury segment, including bedding, curtains, and decorative fabrics.
Quantifiable outcome
- 42% GHG emissions reduction target by 2030 using 2023 as baseline
- +1 more outcomes
Companies that use Paramount Textile
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Paramount Textile technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Paramount Textile partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Danish and EU Technology PartnerscoreDevelopment partners for seaweed-based bedding technology, working with partners located in Denmark and the EU to develop innovative textile products incorporating advanced materials
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Paramount Textile competitors and assessment
Company assessmentDirect peers
- Epyllion Group: Bangladesh textile composite manufacturer producing knit and woven fabrics for apparel and home textile buyers. Comparable vertically integrated textile producer targeting export markets.
- DBL Group: Bangladesh textile conglomerate with spinning, weaving, and finishing operations producing woven fabrics for international apparel and home textile customers. Comparable vertically integrated woven fabric producer.
- Epyllion Fabrics Limited: Bangladesh woven and knit fabric producer serving export markets. Direct competitor for international home textile and apparel fabric orders from a similar Bangladesh base.
- Ha-Meem Group: Bangladesh's largest textile exporter with extensive woven fabric and garment manufacturing capacity serving European and US buyers. Comparable scale, export focus and woven fabric product mix.
- Square Textiles: Bangladesh-based textile manufacturer producing yarn, woven and knit fabrics for export markets. Directly comparable as a home textile fabric producer serving similar international buyers.
- Beximco Textiles: One of the largest integrated textile companies in Bangladesh, producing yarn, woven fabrics and home textiles for global brands. Closely comparable scale, export orientation and product mix.
Regional players
- Pacific Textiles Holdings: Hong Kong-headquartered knit fabric manufacturer serving global apparel brands, primarily across Asia. Comparable as an Asian fabric mill serving international buyers, though focused on knit rather than woven.
Emerging players
- Arvind Limited: Indian integrated textile manufacturer producing woven fabrics, denim and home textiles for global brands. Comparable as an emerging South Asian fabric mill with home textile and export focus.
- Vardhman Textiles: India's largest integrated textile manufacturer producing yarn and woven/knit fabrics. Comparable scale, fiber-to-fabric vertical integration, and export orientation to home textile and apparel markets.
Broad incumbents
- Esquel Group: Hong Kong-headquartered global textile manufacturer with cotton sourcing, spinning, weaving and garment operations. Comparable as a broad incumbent serving premium international brands, though larger and more diversified than Paramount.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Paramount Textile social profiles
Digital presenceParamount Textile financial estimates
Financial estimateRevenue estimate
Valuation estimate
Paramount Textile leadership team
Management profileNumber of profiles
Profiles1 record
Paramount Textile funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Paramount Textile M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Paramount Textile
What does Paramount Textile do?
Paramount Textile manufactures high-quality yarn and solid dyed and printed woven fabrics for the home textile market from its 40-acre facility in Gazipur, Bangladesh. The company focuses on the luxury home textile segment, producing bedding, curtains, and decorative fabrics, and is developing innovative product lines such as seaweed-based bedding technology in partnership with Danish and EU collaborators.
Is Paramount Textile a public or private company?
Paramount Textile is a public company. It is classified as public and is currently operating.
When was Paramount Textile founded?
Paramount Textile was founded in 2006. It employs 5,001 to 10,000 people.
Where is Paramount Textile based?
Paramount Textile is headquartered in Dhaka, Bangladesh, in the Asia region.
How does Paramount Textile make money?
One revenue line is on record: textile Manufacturing and Sales.
Who are Paramount Textile's main competitors?
Direct peers on record are Epyllion Group, DBL Group, Epyllion Fabrics Limited, Ha-Meem Group, Square Textiles and Beximco Textiles. Pacific Textiles Holdings is listed as a regional player. Emerging players are Arvind Limited and Vardhman Textiles. Esquel Group is listed as a broad incumbent.
Does Paramount Textile have an API?
No public API is recorded for Paramount Textile.
What industry is Paramount Textile in?
Paramount Textile's product category is Woven Fabric Manufacturing. Its primary akta.pro industry code is IMAOAKAG, Decorative & Soft Furnishings Manufacturing (Cushion Covers/Throws/Quilts), with a secondary code of IMAOAKAA, Bed Linen & Bedding Manufacturing (Sheets/Pillowcases/Duvet Covers/Comforters/Blankets). Its NAICS code is 31321 and its SIC code is 2221.