Beauty & Wellness sector to create 7 million jobs in India
“The quest for beauty is creating new employment opportunities in India. As any as 7 million job prospects can open up in the beauty and wellness industry,” says Mahendra Nath Pandey, Skill Development Minister. The sector has a market potential to grow to 800 million, he revealed during the 18th annual convocation of VLCC Institute of Beauty and Nutrition. On a global front, the cosmetic market is expected to extend over $13 billion by 2019, according to WNB report. The salon and spa business accounts for 31% of the beauty and wellness market in India.