Pearl Global to deploy ₹200-250 cr in FY27 to scale manufacturing across five countries

Apparel exporter behind Gap, Zara, Tommy Hilfiger and Calvin Klein commits ₹200-250 crore FY27 capex to expand India, Bangladesh, Vietnam, Indonesia and Guatemala plants. Targets ₹6,000 crore revenue by 2028 from ₹5,000 crore base, with capacity already past 100 million pieces.

— Source publishedMon, 18 May, 2026, 20:40 IST·First seen Mon, 18 May, 2026, 20:50 IST·Source The Hindu BusinessLine

What happened

Pearl Global Industries · Apparel exporter Pearl Global plans ₹200-250 crore FY27 capex to expand manufacturing across India, Bangladesh, Vietnam, Indonesia and

Key facts

  • ₹200-250 crore FY27 investment
  • ₹250 crore prior year commitment
  • ₹5,000 crore annual revenue
  • ₹6,000 crore target by 2028
  • 100 million pieces capacity
  • 26 million pieces India
  • 59 million pieces Bangladesh
  • 12-14% annual growth target
  • 30% FY25 growth

Why this matters

Pearl's footprint expansion across India, Bangladesh, Vietnam, Indonesia and Guatemala reshapes the contract-manufacturing competitive map and could pressure smaller exporters into consolidation conversations.