New Launch13 May 2025, 04:27 pm
PDS Ltd Incorporates NexStyle Apparel Manufacturing Limited in Mauritius
AI Summary
PDS Limited has announced the incorporation of NexStyle Apparel Manufacturing Limited in Mauritius, a wholly owned subsidiary of the Company in India. The new entity, effective from May 13, 2025, will be engaged in the business of manufacturing garments and apparel. The primary objective of incorporating the new subsidiary is to strengthen the PDS Group’s global manufacturing footprint and improve operational efficiency.
Key Highlights
- PDS Limited incorporates a new subsidiary, NexStyle Apparel Manufacturing Limited, in Mauritius
- NexStyle Mauritius is a wholly owned subsidiary of NexStyle Apparel Manufacturing Limited (India)
- NexStyle Mauritius will be engaged in the business of manufacturing garments and apparel
- The new subsidiary aims to strengthen the PDS Group’s global manufacturing footprint
- The incorporation is expected to improve overall value creation, profitability, and operational efficiency