Over the past few years, PDS’ manufacturing segment has undergone a strong transformation, stabilising operations and delivering profitability, with revenues increasing from ₹285 crore (~$31.35 million) and a PBT loss of ₹104 crore (~$11.44 million) in FY21 to ₹788 crore in revenues and PBT of ₹33 crore in FY25. With this foundation in place, the Company is focused on scaling its manufacturing operations by aligning customer engagement and operational best practices across units. While individual manufacturing units – including Good Earth and Progress Apparels in Bangladesh and recently acquired (May 2025) Knit Gallery in India with revenue of ₹267crore in FY25, will continue to operate as independent profit centres, this approach allows PDS to present its combined manufacturing capabilities to customers, support longer-term and higher-value relationships, and drive cost efficiencies and consistent operating practices as scale increases.
PDS has strengthened its manufacturing leadership to scale operations, deepen customer engagement and move up the value chain.
After turning its manufacturing segment profitable, PDS will align capabilities across units while retaining independent profit centres.
Abhishek Nawani has been appointed CEO–manufacturing to drive growth, customer engagement and P&L performance.
As part of this strategy, Abhishek Nawani, has been appointed as the CEO – Manufacturing. He will be responsible for customer engagement, growth initiatives, and overall P&L responsibility for the manufacturing segment. Abhishek has been associated with PDS for the past four years and brings nearly three decades of experience in global apparel sourcing and manufacturing operations across India, Bangladesh, Cambodia, Indonesia, and Egypt. Prior to joining PDS, he held senior leadership roles at PVH, where he led sourcing offices in Egypt, Bangladesh, and Indonesia as part of the global supply chain team. He has also worked with JMS Group and Busana Apparel Group, further strengthening his deep, on-ground expertise across manufacturing operations.
Commenting on the development, Pallak Seth, Executive Vice Chairman, said, “This step is a part of our ongoing efforts to streamline focus within the manufacturing business. The next phase is about scale, integration, and deeper customer engagement. This strategic realignment strengthens our ability to deliver consistent value, improve efficiencies, and support sustainable long-term growth.”
Sanjay Jain, Group CEO, further added, “As we scale manufacturing, it is critical that we align capabilities, drive synergies, and maintain strong operational discipline. This strategy positions us well to support customers while enhancing returns across our manufacturing operations.”
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Fibre2Fashion News Desk (RM)
