Harnest

What Harnest does

Harnest Industries LTD is a Bangladesh-based, vertically integrated manufacturer of threads, trims, and packaging solutions for global fashion and apparel brands. Operating from a 600,000-square-foot LEED Platinum-targeted facility in Gazipur under a 100% bonded, export-orientated model, the company produces sewing threads (spun polyester, core spun, textured, embroidery, fire retardant), covered yarns (air, single, double), elastics and tapes (jacquard, knitted, woven), drawstrings and drawcords, labels (woven, care, heat transfers, silicone patches), and packaging and print (hang tags, duplex board, stickers) with reported monthly capacities exceeding 1,000 tonnes of thread, 800 tonnes of covered yarn, 78 million packaging pieces, 50 million labels, and 31 million yards of elastics and tapes. In-house processing spans raw material through twisting, texturing, dyeing, coating, and finishing, supported by Dyed-To-Match precision dyeing, zero-discharge ZLD RO closed-loop water recycling, a waste-fired boiler, and a 100-kW solar installation, and the company is debt-free and self-financed.

The business model is direct B2B export: Harnest sells directly to brand procurement and sourcing teams worldwide without intermediaries, with quotes provided on a per-inquiry basis and inbound inquiries captured via a website contact form routed through Odoo CRM. Pricing is not publicly disclosed. The customer base spans sportswear, lingerie, intimate wear, activewear, loungewear, denim, workwear, luxury, baby and kids apparel, and footwear brands. The company holds a dense certification stack including GRS, Oeko-Tex Standard 100, GOTS, FSC, BCI, ISO 14001, ISO 9001, Higg Index, Amfori BSCI, Sedex SMETA, SLCP, and C-TPAT, qualifying it for restricted global brand vendor lists.

A separate Responsible Trims Collection integrates next-generation materials from strategic partners Ambercycle (Cycora textile-to-textile recycled polyester), OceanSafe (NaNea biodegradable polyester, Cradle to Cradle Material Health Gold), Indorama Ventures (T2T recycled polyester), and Jiaren (commercial recycled materials) into trims for circular fashion supply chains. Founded in 1993 as part of Drug International Limited, a diversified Bangladeshi conglomerate with over 50 years of operating history across healthcare, ceramics, and textiles, Harnest remains a privately held subsidiary with no disclosed external funding.

Name

Harnest

Legal name

Harnest Industries LTD

Website

https://harnest.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

101–250 employees

Short description

Harnest Industries LTD is a Bangladesh-based, vertically integrated B2B manufacturer of threads, covered yarns, elastics, tapes, drawstrings, labels, and packaging for global fashion and apparel brands, operating a 600,000 sq ft LEED Platinum-targeted facility and a Responsible Trims Collection built on recycled and biodegradable material partnerships.

Ownership category

akta.pro rank

Product category

Apparel Trims and Accessories Manufacturing

NAICS

Fiber, Yarn, and Thread Mills (31311), Narrow Fabric Mills and Schiffli Machine Embroidery (313220), Narrow Fabric Mills and Schiffli Machine Embroidery (31322)

SIC

Textile Mill Products (2200), Miscellaneous Fabricated Textile Products (2390)

akta.pro primary industry

Sewing Thread Manufacturing (IMAOAAAH)

akta.pro secondary industries

Yarn Dyeing & Finishing (Package/Hank Dyeing, Mercerization) (IMAOAAAJ), Dyeing Operations (Piece/Yarn/Fiber/Garment) (IMAOACAB), Printing Operations (Rotary/Flat/Digital/Sublimation) (IMAOACAC), Filament Yarn Manufacturing (POY/FDY/DTY) (IMAOAAAE)

Keywords

• Industrial sewing threads
• Covered yarn manufacturing
• Apparel trims accessories
• Garment packaging solutions
• Sustainable textile manufacturing

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Threads and Trims Manufacturing and Export: Harnest is a 100% bonded, export-orientated manufacturer producing threads, covered yarns, elastics, tapes, drawstrings, labels, and packaging for fashion and apparel brands. Revenue is generated through the sale of manufactured trim products to global fashion brands, with debt-free, self-financed operations delivering reliability, speed, precision, and consistency.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Harnest is a vertically integrated Bangladesh-based manufacturer producing industrial sewing threads, covered yarns (ACY, SCY, DCY), elastics and tapes, drawstrings and drawcords, woven and printed labels, and packaging and print products (hang tags, duplex board, cascade boxes) for global fashion and apparel brands. Operating from a 600,000-square-foot LEED Platinum-targeted facility, the company offers a one-stop-shop direct-to-source model with in-house processing from raw material through twisting, texturing, dyeing, coating, and finishing, including integrated yarn dyeing and continuous tape dyeing with Dyed-To-Match precision.

Product overview

Harnest is a vertically integrated manufacturer and one-stop-shop for fashion brands seeking threads and trims solutions. The company operates as a 100% bonded, export-orientated manufacturer offering six core product categories: Threads (spun polyester, core spun, textured variants), Elastics & Tapes (jacquard, knitted, woven constructions), Covered Yarns (air, single, and double covered for stretch fabrics), Drawstrings & Drawcords (dye-to-match cords), Labels (woven, care, heat transfers, patches), and Packaging & Print (hang tags, duplex board, stickers). The product portfolio is unified under a shared manufacturing platform that includes integrated yarn dyeing, zero-waste closed-loop water recycling, and LEED-certified facilities. The Responsible Trims Collection serves as a sub-brand offering sustainable material options using recycled and biodegradable inputs from partners Ambercycle, OceanSafe, Indorama Ventures, and Jiaren.

Differentiator

Problem solved

Functional benefit

Products and services

• Threads

Quantifiable outcome

• Thread breakage reduced by 30–50% using High Performance Spun Polyester
• +8 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

Four partnerships are on record, tiered core and minor.

• AmbercyclecoreStrategic or Co-development PartnerAmbercycle provides its Cycora technology — a next-generation regenerated polyester made from end-of-life textile waste using molecular regeneration technology — integrated into Harnest's Responsible Trims Collection. Cycora replaces virgin polyester with less than half the associated CO2 emissions while maintaining performance and integrating into existing supply chains. Harnest offers Cycora-based textured polyester threads, jacquard elastics, knitted elastics, drawstrings, and woven labels.
• Indorama VenturescoreStrategic or Co-development PartnerIndorama Ventures contributes established recycled polyester capability (textile-to-textile) to Harnest's Responsible Trims Collection, giving fashion brands access to commercially credible solutions backed by scale and manufacturing relevance. Harnest integrates Indorama T2T recycled textured polyester threads and elastics into its trim product lines.
• OceanSafecoreStrategic or Co-development PartnerOceanSafe provides its NaNea biodegradable polyester — a drop-in alternative to polyester combining biodegradability, PET recyclability, performance parity, and industrial scalability — validated at >93% marine biodegradation in 99 days with no persistent microplastics and no heavy metals. The material holds Cradle to Cradle Certified Material Health Gold certification. Harnest integrates NaNea into textured polyester threads, jacquard elastics, knitted elastics, drawstrings, and woven labels.
• JiarenminorStrategic or Co-development PartnerJiaren adds commercial recycled material supply capability to Harnest's Responsible Trims Collection, supporting broader sourcing flexibility and scalable product application across the trim product range.

Scale indicators19 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Birla Cellulose (Aditya Birla Group): Birla Cellulose is one of the world's largest man-made cellulosic fiber producers, supplying sustainable fiber inputs to global apparel brands. Comparable to Harnest as an upstream textile-materials supplier focused on responsible, certified inputs, though at fiber rather than finished-trim level.
• YKK Corporation: YKK is the dominant global zipper and trim manufacturer with a much broader fastening and apparel accessory portfolio. Overlaps with Harnest's trims and packaging offering and competes for the same fashion brand trim budgets, though YKK's scale and zippers-first focus make it a broader incumbent rather than a pure thread peer.
• Avery Dennison: Avery Dennison is a global leader in labels, packaging, and RFID solutions serving apparel and retail brands. Overlaps with Harnest's Labels (woven, care, heat transfers) and Packaging & Print product lines, particularly on sustainable substrates and brand authentication.
• CCL Industries: CCL Industries is a large diversified specialty label and packaging manufacturer with deep apparel/retail exposure through its CCL Label and Avery divisions. Comparable to Harnest's labels and packaging-print business on customer base and certification-driven value proposition.
• Hyosung TNC: Hyosung TNC is a major global spandex and nylon producer (creora spandex, regen recycled nylon) supplying fiber inputs to the apparel trims value chain. Comparable to Harnest's covered yarn elastane and recycled fiber sourcing, and a natural upstream/adjacent competitor in performance stretch trims.

Direct peers

• Coats Group: Coats is the world's largest industrial thread and trims manufacturer, directly competing with Harnest in sewing threads, elastics, and zippers supplied to global apparel brands. Both serve the same fashion/apparel customer base with vertically integrated, sustainability-certified trim portfolios.
• A&E (American & Efird): A&E is one of the world's largest industrial thread producers serving apparel and footwear brands globally with a broad product range and a growing sustainable thread portfolio. Directly comparable to Harnest on thread manufacturing scale, customer profile, and global export orientation.
• Sinterama: Sinterama is a European producer of polyester and textured yarns, including covered yarns and specialty threads for apparel, automotive, and technical textiles. Comparable to Harnest's Covered Yarns business (ACY/SCY/DCY) and textured polyester/nylon thread ranges.
• Stretchline Holdings: Stretchline is a global specialist in elastics, narrow fabrics, and specialty stretch trims for intimates, sportswear, and activewear brands. Highly comparable to Harnest's Elastics & Tapes and Drawstrings lines, including dyed-to-match capabilities and brand-direct supply to global apparel customers.
• Amann Group: Amann is a leading European thread manufacturer producing industrial and embroidery threads, with strong sustainability positioning (recycled and bio-based threads) that mirrors Harnest's Responsible Trims Collection. Both target apparel and footwear OEMs requiring certified, performance-grade threads.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/harnest-label-industries-ltd

Compliance15 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Harnest