Mary Kay to invest $9 mn in India

Mary Kay to invest $9 mn in India

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The US based company entered the Indian market in 2007 and has plans to invest $9 million in India over the next three to four years to boost its infrastructure, technology transfer and training, revealed president, Asia Pacific, . The company is hopeful of adding more brand experience centers in India where customers can interact with beauty consultants for a real experience. At present it has one brand experience centre each in Delhi, Mumbai and Aizwal and will add three to four more such centres annually.

In India, Mary Kay cosmetics are contract-manufactured at factories in Himachal Pradesh and Uttranchal. In 2009-2010, the company saw a year-on-year growth of 45 percent in India.

Source: LiveMint