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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
Bangla’s Harnest launches platform for sustainable appare...
2026-04-23 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
Assef Shaikh, CEO of Harnest, inspects a Harnest product.

Assef Shaikh, CEO of Harnest, inspects a Harnest product.

Harnest, a Bangladesh-based company, has launched the ‘Responsible Trims Collection’, a manufacturing platform designed to help brands adopt recycled, next-generation and biodegradable trims, threads and accessory components within existing supply chains at an industrial scale.

A media statement said that trims account for more than 40 per cent of a garment’s bill of materials and remain one of the least-addressed barriers to textile recycling. Today, fewer than 1 per cent of global textile materials come from recycled fibre.

The collection is built on five partnerships with materials innovators: OceanSafe, Ambercycle, BlockTexx, Indorama Ventures, and Jiaren. Together they span textile-to-textile recycling, advanced polymer regeneration, and biodegradable material innovation, it said.

The first material integrated into the collection is OceanSafe’s naNea, a synthetic material engineered as a direct alternative to conventional polyester. Unlike conventional polyester, naNea’s polymer structure allows it to break down in the environment rather than persist for centuries, the statement said.

Quoting Assef Shaikh, CEO, Harnest, the statement said, “Trims are one of the most overlooked constraints in circular fashion. Brands may focus on the main fabric, but the threads, elastics and labels within a garment also influence whether it can be more effectively recovered, recycled or redesigned for lower-impact outcomes. The Responsible Trims Collection is about making better material choices viable in the real world -- at scale, and with commercial discipline.”

Published on April 23, 2026