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

April 07, 2026 | By Textile Sphere India

The engagement will utilise PDS’ network spanning vendor management, compliance and supply chain execution.

PDS Limited has secured a strategic sourcing mandate valued at nearly Rs 450 crore from a major United States-based value retailer, marking an important milestone in expanding its footprint in the US market.

The global fashion infrastructure platform stated that it has signed a sourcing as a service (SaaS) agreement with the retailer to deliver end-to-end sourcing support through its worldwide capabilities. The engagement will utilise PDS’ network spanning vendor management, compliance and supply chain execution.

The US-based value retailer operates across both urban and rural regions and provides a wide range of daily essentials, including consumables, apparel, home products and seasonal merchandise at value-driven price points. The company caters to a broad consumer base across the country.

Under the agreement, the engagement is expected to generate sourcing volumes of about Rs 450 crore, equivalent to nearly $50 million, with scope for gradual scaling over time.

The mandate will be carried out through PDS’ subsidiary GSCL under the leadership of Michael Yee. Yee, who joined the PDS platform over the past year, is spearheading 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 the partnership highlights the resilience of the company’s platform and the strength of its global ecosystem amid macroeconomic uncertainty and shifting consumer demand.

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

#TAGS PDS Limited, United States, US market, GSCL, Pallak Seth, Sanjay Jain,