PDS Ltd Announces Manufacturing Leadership Changes and Revenue Growth

PDS Ltd has informed the stock exchange about a press release titled “PDS Strengthens Manufacturing Leadership to Drive Growth and Operational Excellence.” The company has announced changes in its manufacturing leadership and reported significant growth in its manufacturing segment. The press release highlights the company’s strategic focus on enhancing its manufacturing capabilities and customer engagement.

PDS Ltd reported an increase in its manufacturing revenues from ₹285 crore in FY21 to ₹788 crore in FY25. The profit before tax for the manufacturing segment improved from a loss of ₹104 crore in FY21 to a profit of ₹33 crore in FY25. The company acquired Knit Gallery in India in May 2025, which contributed ₹267 crore in revenue for FY25. PDS Ltd’s consolidated revenues for FY25 were ₹12,578 crore.

The company is focusing on scaling its manufacturing operations by aligning customer engagement and operational best practices across its units. Individual manufacturing units, including Good Earth and Progress Apparels in Bangladesh, will continue to operate as independent profit centers. This approach allows PDS to present its combined manufacturing capabilities to customers, supporting longer-term and higher-value relationships. The strategy aims to drive cost efficiencies and consistent operating practices as scale increases.

Abhishek Nawani has been appointed as the CEO of Manufacturing. He will be responsible for customer engagement, growth initiatives, and overall profit and loss responsibility for the manufacturing segment. Nawani has been associated with PDS for the past four years and has nearly three decades of experience in global apparel sourcing and manufacturing operations across India, Bangladesh, Cambodia, Indonesia, and Egypt. His previous roles include senior leadership positions at PVH, JMS Group, and Busana Apparel Group.

The press release includes statements from Pallak Seth, Executive Vice Chairman, and Sanjay Jain, Group CEO, emphasizing the company’s focus on scaling, integration, and deeper customer engagement. The strategic realignment aims to deliver consistent value, improve efficiencies, and support sustainable long-term growth.

PDS Ltd 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 4,500 employees and 6,000 factory associates worldwide. PDS Ltd is listed on leading stock exchanges in India, BSE Ltd. and the National Stock Exchange of India Ltd.