With growth in incomes, Indian consumers have been spending more on health and beauty products. As in the case of other retailing sectors, small single-outlet retails also dominate sales of health and beauty products.
However, in recent years a couple of retail chains specializing in health and beauty products have sprung up. At present, they account for only a tiny share of these products. As Indians spend more on such products in future, their business will undoubtedly expand substantially. There is also scope for entry of more such chains.
ASSOCHAM is India's premier apex chamber covers a membership of over 100,000 companies and professionals across the country. It was established in 1920 by six chambers, representing all regions of India.
The Associated Chambers of Commerce and Industry of India
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