ABOUT INDIA'S HUMAN HAIR INDUSTRY

                                   

• The global hair wigs and extensions market is expected to be valued at over $13 Billion by 2026.
• India's human hair market alone has a share of over 30% of this global market and exports human hair worth over $200 million approximately.
• India is the second largest exporter of human hair next to China and is known for its chemically untreated and fine hair.
• Due to religious beliefs, many Indians donate their hair mostly at Venkateswara Temple in Tirupathi.
• Reportedly, Barbers shave heads every 5 minutes in Indian temples.
• The business of donating hair is so lucrative that temples in India annually earn over $300 million from this and also pay hefty taxes.
• However, the dark side of this business is that as workers are often underpaid and human hair smuggling is more than the legal trade.

 Popular Brands - First Products & its Current Products

• Colgate      -       Candles

• IKEA         -       Pens

• Nokia       -       Toilet Paper

• Sony          -       Electric Rice Cookers

• Samsung   -      Fruit & Fresh

• Toyota        -      Looms

• Tiffany & Co.     -    Stationery

• Lego          -      Wooden Toy Ducks

•  DuPont     -      Gunpowder

• Nintendo    -      Playing Cards

• Wrigley      -      Soap

• Hasbro       -     Textiles

• Avon        -       Books  

 Desi to Videsi - Brands started by Indians and acquired by MNC's

1. Lakme started by Tata Group in 1952 and acquired by Hindustan Unilever in 1996

2. Sofit started by Giovani Amaral in the year 2010 acquired by The Hershey Company.

3. MTR Foods Launched by P Sadananda Maiya in 1976 and acquired by Norwegian conglomerate Orkla Group in 2007.

4. Flipkart launched by Sachin & Binny Bansal in 2007, acquired by Walmart in 2018.

5. Thums Up launched by Chauhan Brothers in 1977 and acquired by Coca - Cola in 1993.