Setara Group

What Setara Group does

Setara Group is a Bangladesh-based, family-owned garment manufacturing conglomerate founded in 1985 by AKM Salahuddin. The company operates as an export-oriented readymade garment (RMG) manufacturer serving global high-street fashion brands including ZARA, H&M, MANGO, Ben Sherman, LPP, LIDL, G3, and CHAPS. Its product portfolio spans men's formal and casual shirts, ladies shirts/blouses/dresses, and loungewear/nightwear, with production concentrated across three manufacturing facilities: Moon Readywears Limited (Ashulia, Dhaka), Basic Shirt Limited (Gazipur, acquired 2024), and Bay Creation Limited (Rupganj, acquired 2025). The group reports an annual production capacity of 36 million garment pieces (3M+ pieces per month) supported by 6,000+ skilled workers.

The company's technology stack includes an integrated PrideSys Oracle-Fusion ERP system, automated cutting facilities, 3D CAD design collaboration tools, an in-house industry-grade laboratory, and AI/machine learning-driven quality control processes. Operations are differentiated by a comprehensive certification portfolio covering OEKO-TEX, WRAP, ISO 9001, SEDEX, ACCORD, BSCI, and GOTS, alongside sustainability initiatives including 100% renewable energy across facilities (announced July 2023) and water conservation programs. A 50-acre mega-expansion manufacturing campus was announced in October 2023 to double production capacity while maintaining zero-emission goals.

The business model is B2B contract manufacturing for global enterprise fashion retailers, with revenue generated through long-term manufacturing contracts and pricing negotiated privately rather than disclosed publicly. The group operates as a holding structure with adjacent subsidiaries spanning education (Prime University), finance (CVC Finance), trading (Eboto), and holdings (EAHL). Leadership remains within the founding family, with Anwar Kamal Pasha serving as Chairman, Asef Kamal Pasha as Managing Director, and Afra Pasha as Executive Director. No external institutional investors or public shareholders are referenced in available materials.

Name

Setara Group

Legal name

Setara Group

Website

https://setaragroup.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

51–100 employees

Short description

Setara Group is a Bangladesh-based, family-owned garment manufacturer founded in 1985 that exports readymade garments (shirts, blouses, dresses, loungewear) to global fashion retailers including ZARA, H&M, and MANGO across three manufacturing facilities with 36 million pieces of annual capacity.

Ownership category

akta.pro rank

Product category

Apparel Manufacturing

NAICS

Cut and Sew Apparel Manufacturing (except Contractors) (315250), Cut and Sew Apparel Manufacturing (3152), Apparel Manufacturing (315)

SIC

Apparel & Other Finishd Prods Of Fabrics & Similar Matl (2300), Men's & Boys' Furnishgs, Work Clothg, & Allied Garments (2320), Women's, Misses', And Juniors Outerwear (2330)

akta.pro primary industry

Contract / Private Label Cut & Sew Manufacturing (OEM/ODM) (IMAOAEAM)

akta.pro secondary industries

Tops & Shirts Cut & Sew (T-Shirts/Shirts/Blouses) (IMAOAEAE), Sleepwear & Loungewear Cut & Sew (IMAOAEAI), Dresses, Skirts & Tailored Apparel Cut & Sew (Suits/Formalwear) (IMAOAEAF)

Keywords

• Readymade garment manufacturing
• Export-oriented apparel
• OEM garment production
• Sustainable textile manufacturing
• Private label apparel

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Garment Manufacturing Export: Export-oriented manufacturing of readymade garments for global high-street brands. Revenue is generated through long-term manufacturing contracts with international fashion retailers, producing garments across multiple product categories including formal shirts, casual wear, and loungewear.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Setara Group manufactures and exports readymade garments, including men's formal and casual shirts, ladies' shirts, blouses and dresses, and loungewear/nightwear, for global high-street fashion retailers such as ZARA, H&M, MANGO, Ben Sherman, LPP, LIDL, G3, and CHAPS. The company operates three major production units in Bangladesh with an annual capacity of 36 million garment pieces, supported by AI-driven quality control, Oracle-Fusion ERP integration, automated cutting, 3D CAD sample design, and an in-house testing lab. Manufacturing contracts are negotiated directly with international fashion retailers on a B2B basis.

Product overview

Setara Group operates as a garment manufacturing conglomerate with multiple sister concerns forming an integrated ecosystem: Moon Readywears (apparel manufacturing), Basic Shirt Limited (shirt manufacturing, acquired 2024), Bay Creation (garments, acquired 2025), and Eboto (trading). The company produces a portfolio of readymade garments including Mens Formal & Casual Shirts, Ladies Shirts, Blouses & Dresses, and Loungewear/Nightwear. Manufacturing capabilities include bulk production, 3D CAD & sample design, automated cutting, conveyor belt lines for premium orders, in-house industry-grade lab testing, and ERP integration via PrideSys Oracle-Fusion. The group maintains three major production units and serves global high-street brands.

Differentiator

Problem solved

Functional benefit

Products and services

• Mens Formal & Casual Shirts High-quality men's formal and casual shirts manufactured with attention to fit, comfort, and quality craftsmanship. Produced in bulk for export to global high-street fashion retailers and brands.
• Ladies Shirts, Blouses & Dresses A wide range of shirt styles for women including formal blouses and dresses suitable for various occasions. Manufactured in bulk for export to global high-street fashion retailers and brands.
• Loungewear and Nightwear High-quality intimate apparel including lingerie, underwear, and sleepwear crafted using soft, breathable, and skin-friendly fabrics. Manufactured in bulk for export to global fashion retailers.

Quantifiable outcome

• 45% renewable energy achieved across all facilities
• +2 more outcomes

Named customers8 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature5 records

Partnerships

One partnership is on record.

• Global Retail Giant (unnamed)majorStrategic or Co-development Partner · 1 January 2023A new strategic alliance with a global retail giant that will redefine supply chain dynamics for the upcoming decade, bringing sustainable fashion to millions globally. Announced in 2023 as a major partnership initiative.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• DBL Group: One of Bangladesh's largest vertically integrated RMG conglomerates producing shirts, denim, knitwear, and woven apparel for global brands. Directly comparable to Setara Group in product mix, customer base (Western high-street brands), and multi-factory Bangladeshi operating model.
• Ha-Meem Group: Bangladeshi apparel manufacturer producing shirts, trousers, and outerwear for global fashion brands including H&M and C&A. Comparable to Setara in OEM/ODM cut-and-sew operations, multi-factory footprint, and high-street brand customer base.
• Palmal Knitting: Bangladeshi knit and woven garment exporter serving European retailers and global brands. Comparable to Setara in producing shirts and bottoms for mass-market Western fashion retailers from Bangladesh-based facilities.
• Fakir Knitting: Bangladesh-based garment manufacturer producing knit and woven apparel for international brands. Comparable to Setara in OEM/ODM structure, mid-sized exporter profile, and reliance on similar Western high-street customers.
• Square Textiles: Bangladesh-based textile and garment manufacturer producing woven fabrics and readymade garments. Comparable to Setara in woven apparel manufacturing focus and Bangladeshi export model serving global fashion brands.
• Epyllion Group: Bangladesh-based vertically integrated knit and woven garment manufacturer serving European and US fashion brands. Highly comparable to Setara in scale of operations, product mix (shirts and woven apparel), and export-oriented B2B model.
• Beximco (Beximco Textiles / Apparel Division): Bangladesh-based textile and apparel manufacturer producing woven and knit garments for global fashion retailers. Closely comparable to Setara as a publicly listed Bangladeshi OEM/ODM exporter serving H&M-style high-street buyers.

Broad incumbents

• Hansae (Hansae Co., Ltd.): Korean apparel OEM/ODM manufacturer with production in Vietnam, Bangladesh, and other Asian countries producing woven and knit apparel for global brands. Comparable to Setara as a large-scale global cut-and-sew manufacturer serving Western high-street retailers.
• Eclat Textile (Eclat Fashion): Taiwan-based textile and garment manufacturer producing knit and woven fabrics and apparel for global brands such as Nike, Lululemon, and Uniqlo. Comparable to Setara in OEM/ODM model and woven apparel manufacturing, though at larger scale and broader geographic footprint.
• Crystal International Group: Hong Kong-listed apparel manufacturer with multi-country production (including Bangladesh, Vietnam, China) producing shirts, jeans, and woven apparel for global brands. Comparable to Setara at a much larger scale as a global OEM/ODM cut-and-sew operator.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/setara-group

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Setara Group