PDS Limited has announced a strategic partnership between its manufacturing business and Busana Apparel Group, one of Indonesia's leading apparel manufacturing companies. The collaboration aims to build the next generation of global apparel manufacturing, strengthening PDS' global manufacturing ecosystem. The partnership will enable customers to benefit from diversified manufacturing, greater production scale, and enhanced supply chain resilience.

The global apparel industry is witnessing shifts in sourcing dynamics due to new trade agreements and China Plus One strategies. PDS Limited, with a Gross Merchandise Value (GMV) of over USD 2.2 billion, provides end-to-end solutions across design-led sourcing and manufacturing. Busana Apparel Group generates annual revenues of over USD 500 million and operates facilities across Indonesia, India, Bangladesh, Nicaragua, Honduras, and Italy.

Strategic Benefits

The partnership brings together the complementary strengths of both organizations to jointly pursue new opportunities with global brands. The key benefits for customers include:

• Diversified manufacturing and customer base
• Greater production scale and flexibility
• Faster speed-to-market through an integrated global network
• Enhanced supply chain resilience and risk diversification
• World-class manufacturing excellence and innovation

Financial Overview

PDS Limited reported the following financial metrics for the recent fiscal year:

Pallak Seth, Executive Vice Chairman, stated that the partnership reflects the philosophy that manufacturing is a strategic capability creating lasting value. Sanjay Jain, Group CEO, added that the partnership marks the next step in the company's journey, significantly strengthening its manufacturing platform.

PDS Limited has entered a multi-year Sourcing as a Service (SaaS) contract with the global sourcing arm of a leading French-headquartered global supermarket to manage and operate the retailer's textile sourcing operations across Bangladesh, Pakistan, India, Sri Lanka, and Turkey. The partnership is expected to commence from November 1 and reflects the company's continued expansion of long-term platform relationships with leading global retailers. The retailer is one of the world's largest retail groups, serving millions of customers daily through an extensive network of stores across multiple countries.

Under the agreement, PDS will provide end-to-end sourcing and supply chain services through a dedicated operating subsidiary, supporting the retailer's textile sourcing strategy with a more agile sourcing model. The company expects to manage apparel sourcing valued at over $250 million of FOB (Free on Board) volume annually. This partnership leverages the capabilities built across PDS's global sourcing platform, including sustained investments in digital capabilities, technology, and operational excellence.

Pallak Seth, Executive Vice Chairman, PDS Limited, stated that the partnership reflects the strength of the company's platform model and its ability to deliver sourcing at scale with speed, agility, and responsibility. Sanjay Jain, Group CEO, added that the scalable and agile operating model enables the company to support the evolving sourcing needs of leading global retailers while creating long-term value for stakeholders.

Key Details of the Partnership

The following table outlines the core parameters of the multi-year SaaS agreement between PDS Limited and the French-headquartered global supermarket:

About PDS Limited

PDS Limited is a global fashion infrastructure platform offering product development, sourcing, manufacturing, and distribution for major brands and retailers worldwide. The company handles over $2.2 billion of Gross Merchandise Value and operates a vast global network covering over 90 offices in 22 countries. With over 4,400 employees and 7,500 factory associates worldwide, the company reported consolidated revenues of ₹13,110cr in FY26.