PDS Limited, stock traded at ₹387.15, up by 1.28% on the NSE, as the Mumbai-listed fashion supply chain company, has entered into a strategic partnership with Busana Apparel Group, one of Indonesia's largest apparel manufacturers, the companies announced.
The deal links PDS's sourcing and design platform, which handles over $2.2 billion in Gross Merchandise Value, with Busana's manufacturing operations that generate annual revenues exceeding $500 million. Busana operates facilities across Indonesia and holds a presence in India, Bangladesh, Nicaragua, Honduras, and Italy.
The partnership is aimed at jointly pursuing global brands and retailers looking to diversify their supply chains amid shifting trade dynamics, including China Plus One sourcing strategies and evolving tariff structures.
Customers are expected to benefit from greater production scale, faster speed-to-market, and improved supply chain resilience across multiple geographies, the company said.
Pallak Seth, Executive Vice Chairman of PDS, said the tie-up broadens the company's manufacturing footprint while strengthening flexibility and speed for customers. Sanjay Jain, Group CEO, described it as the next step in building a diversified, multi-country manufacturing business.
Busana Chairman Maniwanen Marimutu said the partnership creates an end-to-end platform to serve evolving global brand requirements.
PDS reported consolidated revenues of ₹13,110 crore in FY26 and operates across 22 countries with over 4,400 employees.
Published on July 15, 2026
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