PDS secures ₹450-crore sourcing contract from leading US value retailer

PDS Limited has secured a strategic sourcing mandate worth around ₹450 crore from a leading United States-based value retailer, marking a significant step in strengthening its presence in the US market.

The global fashion infrastructure platform said it has entered into a sourcing as a service (SaaS) contract with the retailer to provide end-to-end sourcing support through its global capabilities. The engagement will leverage PDS’ network across vendor management, compliance and supply chain execution.

The US-based value retailer operates across both urban and rural markets and offers a wide assortment of everyday essentials, including consumables, apparel, home products and seasonal merchandise at value price points. The company serves a broad consumer base across the country.

Under the agreement, the engagement is expected to generate sourcing volumes of approximately ₹450 crore, equivalent to around $50 million, with potential for gradual scaling over time.

The mandate will be executed through PDS’ subsidiary GSCL under the leadership of Michael Yee. Yee, who was onboarded onto the PDS platform over the past year, is leading the company’s efforts to scale its US operations, focusing on strengthening customer relationships and expanding strategic presence in the market.

Pallak Seth, Executive Vice Chairman of PDS, said securing the partnership reflects the resilience of the company’s platform and the strength of its global ecosystem amid macroeconomic uncertainty and changing consumer demand.

Group CEO Sanjay Jain said the company’s investments in cost transformation, digital capabilities and AI-led initiatives have strengthened its sourcing platform and enhanced its value proposition, enabling it to deliver scalable and efficient solutions to global retailers.

Also read: Order book growth and cost optimisation to support PDS in second half of FY26

Shares of PDS Limited ended at ₹286.90 on the NSE on April 6, rising ₹1.75 or 0.61%.