Pearl Global sees strong order momentum as demand stays healthy

Pearl Global Industries is witnessing healthy demand across major export markets and expects to benefit from ongoing capacity expansion as order inflows remain strong, according to Pallab Banerjee, Managing Director and Group President of the Gurugram-based clothing vendor and garment supplier.

Banerjee said the company's order book is significantly stronger than it was a year ago, while demand from key markets such as the US, Europe, the UK, Japan and Australia remains stable. He added that Pearl Global has sufficient capacity to scale up production as business volumes increase.

He noted that retailer confidence has improved after a period of caution linked to tariff discussions.

Pearl Global currently has an annual manufacturing capacity of more than 100 million garment pieces and plans to continue expanding capacity. According to Banerjee, investments made over the last year were aimed at positioning the company to capture growth as market conditions improve.



Banerjee said demand trends remain positive despite uncertainty around US tariff policies. While discussions continue around potential

tariff changes and bilateral trade agreements involving India and Bangladesh, he said the industry has learned to operate amid policy shifts.

The United States remains Pearl Global's largest market, accounting for around 50% of group sales. Banerjee said consumer sentiment in the country has remained resilient despite geopolitical developments and inflation concerns.

Banerjee, who was speaking from the US, said interactions with customers during his trip did not indicate any significant slowdown in demand. He added that retailers continue to post healthy business numbers, and some players are gaining market share.

Banerjee said stronger demand across multiple markets has increased pressure on raw material prices. Higher energy and fuel costs following recent geopolitical tensions also added to cost pressures.

He noted that currency movements offer only temporary benefits to exporters because gains from a weaker rupee are typically reflected in future price negotiations with customers. Raw material cost increases are also passed on to buyers over subsequent ordering cycles.



Pearl Global Industries currently has a market capitalisation of ₹7,694.04 crore. The company's shares have gained more than 18% over the past year.

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