Which Indian company is best for you?
India has become the most competitive place to get haircuts in the world, according to a new study.
A recent report by consulting firm The Growth Company found that India is one of the best places to get haircut.
“India has been doing well for a number of years in attracting talent, both from overseas and within the country,” said Shashank Bhattacharya, chief executive officer of The Growth Companies, which provides research and analysis to global clients.
“The country has been able to attract and retain talent for years and now the market is evolving.”
India has attracted more than 200,000 new jobs for 2018, a record number, and the number of companies is expected to reach 100,000 by 2020, according a report by India 2020, a global organisation.
However, many in the country have reservations about the quality of services and haircuts that many of the top Indian companies offer.
“Many people in India are very apprehensive about the haircuts and haircutters, especially the big brands,” said Raju Bhagat, managing director at global consulting firm IBS India.
“Most Indian companies are not really good and don’t really know what they’re doing.
So there’s a lot of skepticism about what the customer is getting.”
Some Indians are worried about the amount of time it takes for a haircut, said Vishnu Gupta, head of marketing at hair and body care services company The Hairdresser.
“There are times when people are really reluctant and people don’t get the haircut,” he said.
“We have a really good reputation here, so people expect good haircuts.
But when you ask for a good haircut, there are some people who just refuse to accept the haircut.”
There are also concerns about the hygiene of the products.
India 2020 recommends shampoo, conditioner and conditioner for every Indian customer, and it recommends products to avoid: conditioners that contain parabens and phthalates, and detergents containing alcohol, triclosan and synthetic fragrance.
Other recommendations include a conditioner with the ingredient benzyl alcohol and a conditioners with the ingredients benzoyl peroxide and oxybenzone.
“If a customer is not willing to use an effective shampoo and conditioners, they may end up with a rash,” said Gupta.
Hair Care, which is one the top five brands, is also one of those brands that has not fully addressed the issue.
“Our haircuts are not as hygienic as we would like,” said Kalyani, the CEO of Haircare.
“Our shampoo and shampooing is not as good as other companies.
But we have tried to do a lot better.”
While India 2020 has focused on addressing customer issues, it is not alone in offering a range of products to cater to different skin types.
India’s top three hair care companies are all based in the United States, with the biggest domestic presence coming from China.
The three companies, which are all owned by US-based companies, are: Kalyan, Mohair and Mohair Salon.
“In India, the beauty and skin care sector is very fragmented,” said Bhattay.
“The brands have a very high penetration in the market.
In the US, we have seen that a lot is happening, and there are lots of emerging brands.
It’s very exciting.”
While the Indian market is growing, there is still a lot to do, according the research.
According to India 2020’s report, Indian consumers are only about two-thirds as likely to be satisfied with their haircuts as the rest of the world.
The growing market is partly due to a lack of choice, said Bhagati.
“There is a very limited number of haircuts available and it’s becoming more and more expensive to find a good one.
You need to find something that works well and does not have any of the bad ingredients,” he added.
Accordingly, some Indian companies have been moving to other parts of the country.
Mohair has been expanding its presence in the US and is now focusing on Asia.
“You can find Mohair in all the major US states,” said Bhaghati.
“Some of the brands are in other states, but they don’t have a huge presence in them.
And they have to work very hard to get their brands in the states where they have the most customers.”
For the time being, however, Mohairs popularity in India appears to be on the decline.
“A lot of people in the industry are starting to look abroad,” said Josha Gupta, chief marketing officer of Mohair.
“They are just starting to realise that there is a much more market in the States and they are moving out.”