Mumbai, July 14 -- Under the agreement, PDS will manage and operate the retailer's textile sourcing operations across Bangladesh, Pakistan, India, Sri Lanka, and Turkey, further strengthening its presence in the global sourcing and supply chain services market.

The French retailer, one of the world's largest retail groups, serves millions of customers daily through an extensive network of stores across multiple countries.

Under the agreement, PDS will provide end-to-end sourcing and supply chain services through a dedicated operating subsidiary, supporting the retailer's textile sourcing strategy with a more agile sourcing model. The company expects to manage apparel sourcing valued at more than $250 million in annual free-on-board (FOB...