"Liva has experienced a successful journey in women's wear in past one year. We have associated with leading women's brands in India and have penetrated more than 2000 retail outlets across the country. Liva-tagged sarees would be the first time that Liva is entering the saree segment, though it was used in the past in the generic category," Birla Cellulose president MBDD Manohar Samuel said in a statement.
The company expects the saree category being extended to dhoti saree, pre-plated saree, pant sarees, lehenga saree, jumpsuit sarees among others.
As per estimates, the saree market in India is growing at around 6 per cent CAGR and is the largest category going by fibre consumption.
"Liva has clear plans to grow in the premium and mid segments in the coming years," Samuel said.
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