New Delhi, Mar 7 (UNI) Surat based manufacturers and exporter of women ethnic wear firm Parnika India on Friday announced its expansion plans to southern and eastern India, along its existing base in Maharashtra and Gujarat, as the company sets an ambitious target of achieving a revenue of Rs 160 Crore by the end of FY 25-26.

Operating on a B2B model, the company is seeking to broaden its reach as well as its production capacity, which is currently more than 5 lakh pieces per month.

Parnika India is actively involved in several social initiatives and empowers women by offering employment and entrepreneurial opportunities, one of their goals is to have at least 50 percent female staff which shows their commitment towards women empowerment, the company said in a release.

"Parnika India is expanding its network and production capacity. We are extending our operations to the eastern and southern parts of India and adding new product lines, including uniforms and men’s wear, alongside our women's ethnic wear. We are committed to maintaining high-quality standards and are strengthening our leadership team to support our aggressive growth plans," said Vishal Pacheriwal, Managing Director of Parnika India.

Parnika India ensures streamlined logistics and a supply chain management system by working with reliable logistics partners. They have invested in advanced inventory and distribution systems that enable efficient management of orders, shipping, and warehousing. They also leverage technology to track and manage their operations across multiple locations, ensuring timely delivery and seamless supply chain management.

The company has experienced consistent growth, with its market expanding both domestically and internationally. Parnika’s growth rate has averaged 15-20 percent annually, with a significant increase in demand for their high-quality fabrics and collections.

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