Clovia To Expand Production Capacity To 12 Lakh Units In 2017
Fashion You Intimate|November 2017

Delhi-based Purple Panda Fashions, which owns and operates online lingerie store Clovia, is set to expand its production capacity from 5 lakh to 12 lakh units by the end of 2017.

"We are expanding our production capacity to 12 lakh units, with the growth of our business," Pankaj Vermani, co-founder and chief executive officer of Clovia, told.

The company expects to grow its business by 50 per cent quarter-on-quarter in 2017-18, he added.

"By the end of this fiscal, we expect our revenues to grow 1.5 times," he said.

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