PSB is a unit of the Little People Education
Society (LPES) which is promoted by the House of Pearl as a part of its
Corporate Social Responsibility initiatives. The House of Pearl is an
entrepreneurial venture born out of the vision of the Chairman of PSB
Management Board, Mr. Deepak Seth. Started in 1987, it has grown on the
strength of its entrepreneurial vision into a global enterprise. Today it
comprises manufacturing facilities in India, China, Indonesia and Bangladesh
and business operations in Hong Kong, UK, USA, and Germany. Its turnover
exceeds US$350 million and services all aspects of the fashion and apparel
business. The House of Pearl stands today posed for significant growth with
high level of client and investor confidence reflected in the success of its
recently majority oversubscribed IPO.
The House of
Pearl start the Pearl Academy of Fashion (PAF)
in 1993 in Delhi. It reflected a synergistic extension to its line of business
and its corporate social responsibility programmed under LPES of spreading
education. This outlook stems out of a deep rooted belief that investment in
education is the pathway to self reliance and progress. LPES started with a
school Little Pearls in 1992. Now besides PAF, it is setting up PSB which
focused on entrepreneurship, reflects the ethos of the Pearl Group of spreading
the entrepreneurial mindset, as it deeply committed to unleashing the potential
of entrepreneurial talent to further economic and social growth through the
setting up of creative ventures.
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