PDS Enters Strategic Sourcing Partnership with Global French Supermarket Chain
PDS Limited, a global fashion supply chain solutions provider, has signed a multi-year Sourcing as a Service (SaaS) contract with the sourcing arm of a leading French-headquartered global supermarket group. This partnership involves PDS managing and operating the retailer's textile sourcing operations across several key markets, including Bangladesh, Pakistan, India, Sri Lanka, and Turkey.The agreement positions PDS to provide end-to-end sourcing and supply chain services through a dedicated operating subsidiary, supporting the multinational retail giant with an agile sourcing model. PDS expects this contract to encompass apparel sourcing valued at over US$250 million of FOB Volume annually. The partnership is scheduled to commence on November 1st, marking another step in PDS's expansion of long-term relationships with top global retailers.
Pallak Seth, Executive Vice Chairman of PDS Limited, stated that the partnership underscores the strength of PDS's platform model and its capability to deliver sourcing at scale, speed, agility, and responsibility. "We are delighted to partner with one of the world's most respected retailers," Seth said. "We look forward to building a long-term relationship that creates real value for the Retailer, its customers and our supply chain partners."
Sanjay Jain, Group CEO, added that the deal is a confirmation of PDS's established capabilities within its global sourcing platform. He noted that sustained investments in digital capabilities, technology, and operational excellence have created a scalable and agile model that enables the company to meet the evolving sourcing requirements of major global retailers.
About PDS Group
PDS Limited operates as a comprehensive fashion infrastructure platform, offering services that cover product development, sourcing, manufacturing, and distribution for various major brands and retailers internationally.The company maintains extensive operational reach across multiple countries. Key details regarding PDS's global footprint and financial standing are summarized below:
| Metric | Detail |
|---|---|
| Business Focus | Fashion infrastructure platform (development, sourcing, manufacturing, distribution) |
| Gross Merchandise Value Handled | Over $2.2 billion |
| Global Network | Over 90 offices in 22 countries |
| Workforce Size | Over 4,400 employees and 7,500 factory associates globally |
| Consolidated Revenues (FY26) | ₹13,110cr |
PDSL Stock Price Movement
Today, shares of PDS Limited edged higher, closing at ₹359.35 after gaining 0.11%. The stock settled on a solid trading day amidst robust activity, with a total traded volume reaching 68,812 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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