PDS may invest up to ₹225 cr in India, Egypt to service US mkt
Mint Mumbai|April 13, 2023
Fashion supply chain company PDS Ltd, which counts Tesco, Asos, Primark, Macy’s and Calvin Klein, as its clients, plans to invest ₹170-225 crore to expand its manufacturing facilities both in India and Egypt, a top company executive said.
Suneera Tandon
PDS may invest up to ₹225 cr in India, Egypt to service US mkt

The move will help PDS expand its US business, which requires sourcing units closer to the West.

The company’s expansion plans comes amid increasing interest from retailers worldwide to widen the source base beyond China and Bangladesh since the pandemic disrupted supply chains. Many retailers are also looking at short lead times and sourcing goods from markets closer home.

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