Hotline: 1800 102 2007
X
Search Business Opportunities
Nov, 13 2017

Mitchell eyes rs 100 crore turnover in next three years

Mitchell Products are made specifically for the Indian skin and priced in the range of Rs 580-1700

US-based skincare firm Mitchell is looking at Rs 100 crore turnovers from the Indian market in the next three years as it plans to augment portfolio and stretch its presence to outside metro cities in the country.

Mitchell Fair and White Director Sunita Ramnathkar said “We are looking at a turnover of Rs 100 crore in the next three years. We have entered the Indian market with a portfolio of seven-eight products and will soon add more such as sunscreen and haircare products. After selling Fem, I was in a non-compete agreement in India for five years. I, then, bought stake in Mitchell but had no plans to enter the Indian market. But, we developed a range of skin products made specifically for Indian skin using lotus seeds extracts. We are looking at increasing it to 1,000 outlets by mid of the next financial year. Mitchell Products are made specifically for the Indian skin and priced in the range of Rs 580-1,700. These products are imported from the US in bulk and packaged in India”.

Mitchell products, at present, are are sold through 150 premium multi-brand outlets in metro cities.

Mitchell is also looking at exporting products made for Indian skin to neighbouring counties such as Nepal, Bhutan and Bangladesh.

Comment
image
Related opportunities
  • About Us: Namma Theneer Kadai is an established tea house, which..
    Locations looking for expansion Delhi
    Establishment year 2015
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • After School Activities
    About Us: Brightt kids began its journey from Pune and over..
    Locations looking for expansion Maharashtra
    Establishment year 2009
    Franchising Launch Date 2017
    Investment size Rs. 2lac - 5lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Pune Maharashtra
  • Quick Service Restaurants
    About Us: The inception of the company begin with a humble..
    Locations looking for expansion Andhra pradesh
    Establishment year 2010
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater hyderabad Andhra pradesh
  • Others Food Service
    About Us: Frosty Bee brings you the opportunity of Icecream, thickshake..
    Locations looking for expansion Andhra pradesh
    Establishment year 1975
    Franchising Launch Date 2012
    Investment size Rs. 2lac - 5lac
    Space required 50
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Krishna Andhra pradesh
Insta-Subscribe to
Entrepreneur
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