Pearl Global targets $1billion revenue by 2030

Pearl Global targets $1billion revenue by 2030

 

New Delhi-based apparel manufacturer with 24 facilities across nine countries, Pearl Gobal aims to achieve $1 billion in revenue by 2030. Having reported revenues of $530 million in FY2025, the company projects an annual growth rate of approximately 15 per cent.

Pearl Global has allocated a capital investment of Rs 250 crore (approximately $30 million) for the current fiscal year. The majority of this investment will be directed towards Bangladesh, a key manufacturing hub for the company. Domestically, the company has opened a new plant in Bihar, India, and plans to upgrade it similar to its facilities in Chennai and Bengaluru. Besides, the company will also invest in its operations in Vietnam.

Demonstrating its global design capabilities, Pearl Global maintains design offices in the UK, Spain, and the US. According to Pallab Banerjee, Managing Director, nearly 50 per cent of the garments manufactured by the company are designed in-house, highlighting its integrated approach from concept to production.

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