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.”

Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

Fibre2Fashion News Desk (RM)

Production in this industry amounted to 134 trillion soums (~$11.2 billion), the amount of foreign investment utilised reached $2.1 billion and exports amounted to $2.5 billion in 2025, he was told.

Uzbekistan plans to raise textile production by 10 per cent YoY in monetary terms and their exports by 32 per cent YoY in 2026, President Shavkat Mirziyoyev was informed.
The target is to raise production to $12.2 billion and exports to $3.3 billion.
The plan is to attract $2.2 billion in foreign investment into the sector next year.
Jobs in the sector are planned to be raised to 650,000 next year.

Employment in the sector increased to 623,000 this year, with the potential to rise to 650,000 next year.

The processing of cotton fibre will be further deepened and the capacity utilisation rate for the production of fabrics, knitwear and finished products will be increased in 2026, a release from the President’s office said.

The target is to raise production to 147 trillion soums (~$12.2 billion) and exports to $3.3 billion. The government plans to attract $2.2 billion in foreign investment into the sector next year.

This will create additional capacity for the production of 207,000 tonnes of synthetic and blended yarn, 397 million square metres of fabrics and 224 million units of apparel and knitwear.

The meeting discussed dependence on imports to meet part of the demand for cotton fibre, the high cost of financial resources, growing logistics costs in external markets and a shortage of qualified specialists in several areas.

To address these problems, the government has planned a gamut of measures for next year. Enterprises will be provided with preferential loans worth $200 million to replenish working capital, financial recovery will be undertaken for 138 enterprises and another 100 companies will be involved in export activities.

Special attention will be paid to introducing international standards and certification. The creation of a modern textile laboratory capable of analysing the quality of finished products across 24 areas is planned.

ERP systems and artificial intelligence technologies will be implemented at 40 textile enterprises.

Fibre2Fashion News Desk (DS)