PDS Multinational Fashions’ Subsidiary company -- Smart Notch Industrial has entered into Shareholders agreement with Filkor. The investment is in line with the Sustainability and Circularity (ESG) goals of the Company. Through this investment, the Company foresees to be able to provide its customers a complete sustainability and end of life solution (from takeback to resell to upcycle) for all fashion products. It would help alleviate major pain point of customers with respect to the sustainable solution to excess stock and enables the product to be securely destroyed in one single operation, effectively and quickly, providing fashion houses with a socially and environmentally acceptable solution.
PDS Multinational Fashions, through its subsidiaries, designs, develops, sources, manufactures, and distributes various readymade garments and other consumer products in India and internationally.
