Hotline: 1800 102 2007
Hotline: 1800 102 2007
Apr, 10 2018

VLCC India To Open 50 Institutes; Plans Entry Into International Market

The company has crossed Rs 50 crore target and is set to go over Rs 100 crore with international expansion by this fiscal end.

VLCC India To Open 50 Institutes; Plans Entry Into International Market

Beauty and wellness firm VLCC has planned to expand with 50 new training institutes in India over the next five years.

The company, which has about 70 institutes in India, has also chalked out plans to foray into international markets such as Canada, Malaysia, Srilanka, Kenya, Oman and Bangladesh.

With the opening of more institutes, VLCC is eyeing a 35 per cent year on year revenue growth. In FY 2018, it had a turnover of Rs 55 crore for the skilled business.

VLCC Group Director Sandeep Ahuja said, "We will add 50 new institutes in India and also in countries such as Canada, Malaysia, Oman and Srilanka with a target to train approximately 15,000 students.”

The company offers about 100 courses and workshops in the beauty and wellness space and has trained over 1 lakh students so far.

As per the company, the institutes have crossed Rs 50 crore target and is set to go over Rs 100 crore with international expansion by this fiscal end.

With regard to retail expansion in the personal care category, Ahuja said VLCC has recently added close to 100 new distributors and is betting on the modern trade across national and regional customers besides giving leverage to the e-commerce.

The contribution from e-commerce was close to 15 per cent in FY 2018. Total turnover from personal care category stood at Rs 400 crore in the last financial year. The company has 197 wellness centres in India and markets over 169 skincare, haircare, body care, functional foods and fortified food products.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Men's Clothing
    Barcelona is an initiative of Stitched Textiles Private Limited. Barcelona..
    Locations looking for expansion Gujarat
    Establishment year 2017
    Franchising Launch Date 2012
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
  • Bakery & Confectionary
    Big Mishra Pedha is one of the renowned sweets and..
    Locations looking for expansion Karnataka
    Establishment year 1955
    Franchising Launch Date 1983
    Investment size Rs. 10lac - 20lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Hubli Karnataka
  • AVA Merchandising Solutions Pvt Ltd is India’s No.1 in-flight travel..
    Locations looking for expansion Haryana
    Establishment year 2009
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Pest Control
    DR pest control is one of the leading businesses in..
    Locations looking for expansion West bengal
    Establishment year 2009
    Franchising Launch Date 2021
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Kolkata West bengal
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities