Search Business Opportunities
Business Categories
Apr, 01 2007

Jean Claude Biguine to open in Mumbai, Delhi

French salon Jean Claude Biguine, a Euro 150 million hair and beauty chain will be opening salons soon first in Mumbai and then in Delhi.

The company hopes to have 50 salons in the top cities by 2010, using an investment of Rs 1 billion.

India's personal care industry is estimated to be worth $38 million is likely to grow to $150 million by 2010. India is seen as an extremely lucrative market with its rising incomes and increasing number of people working in MNCs and BPOs who are ready and willing to spend money on them. Other target groups will be women belonging to households of more than Rs 5 lakh, which at present number around 50,000 from 2.5 million households and is expected to grow to 1 million by 2010

Comment
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
Trending
More Stories

Free Advice - Ask Our Experts