Maharashtra Governor Bhagat Singh Koshari has released the book “Resolute By Design” about Deepak Seth, Chairman of PDS Limited.Photo: PDS Limited
This book summarizes the inspiring journey and life lessons of Deepak Seth, who created one of the most trusted businesses in fashion and retail around the world.
“Resolute By Design” – The biography of Deepak Seth, Chairman of PDS Limited, was unveiled today by Maharashtra Governor Bhagat Singh Koshyari at a ceremony at Raj Bhavan in Mumbai. PDS Limited is a global fashion infrastructure company providing customized end-to-end fashion and retail solutions to the world’s leading brands and retailers.
This book chronicles Deepak Seth’s early life and follows his professional journey over the next 50 years as he built a successful global venture. It goes back to his childhood and adolescence and captures the lessons he learned and the principles that guide him to this day. Readers can follow the exciting moments from a humble order of 6,000 shirts to what is now a global company spanning multiple regions and categories.
On the solid foundation laid by my father, Pallak Seth, Vice Chairman, PDS, with his keen business acumen and global experience, has taken the company to new heights. Pallak has built his PDS from a single entity to an entrepreneurial coalition, fashion and retail solutions collaboration his platform. Furthering this strategic vision, he Group CEO Sanjay Jain is focused on further growth of this asset-light and agile model of offering design-led sourcing, sourcing-as-a-service, apparel manufacturing, and brands for retail customers. Together, the two leaders have crafted a strong strategy and delivered excellent results, as evidenced by his $1.2 billion in revenue recorded in fiscal 2022.
Regarding the biography, Paraxes says: His entrepreneurial journey is an inspiration to all, and his learning has been immortalized in print and is a fascinating read! I am delighted that readers of this book can gain inspiration and insight not only about this eminent leader, but also about my father, a family member, friend and generous philanthropist. ”
Commenting on the wisdom, knowledge and experience the team has always drawn from Deepak Seth, Sanjay Jain said: Deepak Seth is a true visionary and his indomitable brilliance inspires everyone he meets. Success with PDS is no accident. This is the result of a clear vision and uncompromising values that permeate the culture of the organization, further driven by Seth’s strategic advice. I look up to Mr. Seth as an industry veteran and look forward to the next generation of young professionals reading his unique story of fortitude and glory. ”
PDS’ strengths lie in its strong leadership, focus on environmental, social and governance factors (ESG), financial growth, technology-savvy platform, and ability to deliver innovation that delivers quality and efficiency to its clients. As the company grows and delivers, its commitment to sustainable fashion remains core to its business. We have taken a new step. With this, PDS is pioneering a highly integrated and professional sourcing service for its customers. The company has focused on expanding its business model, fostering strategic partnerships and realigning day-to-day operations to move into its next phase of growth.
In the financial year 2021-22, PDS Limited reported consolidated revenue of SEK 8,828, an increase of 1.8 times over the last five years. Additionally, after-tax profit increased at his CAGR of 50% over his five-year period, with a ROCE (return on capital employed) of 38% in 2021-22.
Fiber2Fashion News Desk (RKS)
PDS Chairman Deepak Seth’s Book “Resolute By Design” Released
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