Business & Policy

PDS Limited Secures US Retailer Sourcing Deal

Published: 07/04/2026
Author: Fashion Value Chain

PDS Limited has announced a new Sourcing as a Service (SaaS) agreement with a leading US-based value retailer, further strengthening its global sourcing footprint.

Under this partnership, PDS will deliver end-to-end sourcing support, leveraging its global capabilities in vendor management, compliance, and supply chain execution. The US retailer, known for its strong presence across both urban and rural markets, offers a wide range of everyday essentials including apparel, home products, consumables, and seasonal merchandise at value-driven price points.

The contract is expected to generate sourcing volumes of approximately ₹450 crore (around $50 million), with opportunities for gradual scale-up over time.

Execution of the mandate will be carried out through PDS’s subsidiary GSCL, under the leadership of Michael Yee. Having been integrated into the PDS platform over the past year, Yee is expected to play a key role in expanding the company’s US operations, strengthening customer relationships, and enhancing on-ground execution capabilities.

Pallak Seth, Executive Vice Chairman, said: “In an environment marked by macroeconomic uncertainty and evolving consumer demand, securing this partnership reflects the resilience of the PDS platform and the strength of our global ecosystem. Our widespread sourcing network, deep relationships, and ability to deliver agile solutions continue to position us as a partner of choice for leading global retailers.”

Sanjay Jain, Group CEO, added: “Our continued investments in cost transformation, digital capabilities, and AI-led initiatives have strengthened our sourcing platform and enhanced our value proposition. This partnership is a testament to the robustness of our operating model and our ability to deliver scalable, efficient, and innovative solutions. We remain confident in executing this engagement successfully while continuing to build a strong, future-ready sourcing platform.”

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