Dr. Ruby's Afterglow Advanced Laser Clinic and Dr. Mohiuddin Makani's Cosmedicure are coming together to for a new venture which will operate under their respective brand names. The merger has allowed them to offer an umbrella of services under cosmetology and hair transplantation procedures. There is true synergy between both the brands as they truly believe in providing exceptional medical care and giving their patients a new fresh start in their lives.
“Indian Cosmetic Sector Forecast to 2015”, states that the Indian cosmetics industry holds promising Growth prospects for both existing & new players. The forecast for Hair and Beauty industry is pegged at a base per capita annual spend of USD 1.2 which is expected to grow to USD 6.2 by 2015 . The Country’s Cosmetic sector has, in fact, emerged as one of the markets holding immense growth potential. According to a latest research report, the Indian cosmetics market registered impressive Sales, and with rising Purchasing power and growing fashion consciousness, the industry is estimated to expand at a an annual growth rate of around 17% during 2013-2015.
Considering the huge potential there is in India under comsetic and hair industry, the merger of Afterglow and Cosmedicure is a business marriage that makes perfect sense. Afterglow and Cosmedicure will continue to operate at their respective locations for now and will come up with multiple locations both nationally and internationally under the new brand name in the near future.