Under the agreement, PDS will oversee textile sourcing operations in Bangladesh, Pakistan, India, Sri Lanka and Turkey through a dedicated operating subsidiary. The retailer is one of the world’s largest retail groups, serving millions of customers every day through an extensive network of stores across multiple countries.
As part of the partnership, PDS will provide end-to-end sourcing and supply chain services, supporting the retailer’s textile sourcing strategy with a more agile sourcing model. The company expects to manage apparel sourcing valued at more than $250 million in FOB volume annually under the arrangement.
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The partnership is scheduled to commence on November 1 and expands PDS’s long-term platform relationships with leading global retailers.
Pallak Seth, Executive Vice Chairman, PDS Ltd, said, “We are delighted to partner with one of the world’s most respected retailers. This partnership reflects the strength of PDS’s platform model and our ability to deliver sourcing at scale with speed, agility and responsibility. 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, said, “This partnership is a testament to the capabilities we have built across our global sourcing platform. Through sustained investments in digital capabilities, technology and operational excellence, we have created a scalable and agile operating model that enables us to support the evolving sourcing needs of leading global retailers. We look forward to delivering this partnership with excellence while creating long-term value for all our stakeholders.”
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Shares of PDS Ltd ended at ₹357.25, down by ₹0.95, or 0.27%, on the BSE.
(Edited by : Jomy Jos Pullokaran)
First Published: Jul 13, 2026 4:11 PM IST
