Apparel exporter targets capacity growth and wider manufacturing footprint across global markets

Pearl Global Industries plans to invest ₹200-250 crore during FY27 as the apparel exporter looks to expand manufacturing capacity and strengthen its global production network. The company aims to scale operations as part of its long-term target of becoming a ₹6,000-crore company by 2028.

Apparel exporter Pearl Global Industries is planning to infuse ₹200-250 crore in the current financial year to support capacity expansion and infrastructure development across markets.

Pallab Banerjee, Managing Director of Pearl Global Industries, said the company intends to continue scaling operations after recently crossing ₹5,000 crore in annual revenue.

“Last year, we committed ₹250 crore and those projects are currently under progress. This year again, we have committed ₹200-250 crore towards growth and infrastructure building,” Banerjee said.

Pearl Global manufactures apparel across India, Bangladesh, Vietnam, Indonesia, and Guatemala, with an installed production capacity exceeding 100 million pieces, including partner factories.

India contributes nearly 26 million pieces to the company’s production base, while Bangladesh remains its largest manufacturing hub with around 59 million pieces.

The company serves global apparel brands including Gap, Zara, Tommy Hilfiger, and Calvin Klein.

Banerjee said Pearl Global has developed a diversified manufacturing and market presence to reduce risks arising from geopolitical and trade-related disruptions.

“If an opportunity comes for 20-30 per cent growth, definitely we are ready for it,” he said, adding that the company can scale production rapidly depending on order flows.

Growth Outlook

Pearl Global continues to maintain an annual growth target of 12-14 per cent, although growth during FY25 was significantly higher at nearly 30 per cent.

The company indicated that demand from global retailers has remained resilient despite geopolitical tensions and increasing raw material costs.

“We have not seen any slowdown in the US in terms of consumer behaviour. The buying pattern remains stable, the demand is stable,” Banerjee said.

Expanding Manufacturing Footprint

According to the company, global brands are increasingly preferring suppliers with multi-country manufacturing capabilities following disruptions caused by the pandemic and geopolitical conflicts.

Retailers are also seeking quicker replenishment cycles and greater emphasis on sustainable sourcing practices from international vendors.