India Leadership Conclave 2017 nomination process journey began in the first quarter of the calendar year in 2017 from Jan-March to find out the best talents, innovators, reformers, social entrepreneurs, public administrators in the top categories through a very standard fair & independent way of bringing top six names to the final list of voting. The internal team of experts at Network 7 Media Group, the flagship media property of Indian Affairs looked at the all round progress of the individuals/companies & consultations were made with various associations of india & trade bodies. Final selections were made by public from the recommendations of the top industry associations & chamber of commerce. Upon much consideration, research & detailed analysis, nominees were found based on a robust process that involved considerable comprehensive mechanism that Network 7 Media Group do years after years.
Very importantly, India Leadership Conclave’s mantra is very simple & clear. We dont follow a fixed set of rules of traditional theories of selecting a nominee in the final six list either based on seniority, age or celebrity status. We go by our research, experts advise & bring to light those talent & innovators who never got noticed in mainstream media or recognized. When they see their names in the big six final list, they feel proud, for us, that is the winning moments after relentlessly following & chasing for finding the credible
India’s Most Valuable Luxury Cosmetics Beauty Brand 2017
1. M.A.C.(67)
2. Lakme.(68)
3. Revlon.(59)
4. L’Oreal.(70)
5. Elle 18.(71)
6. Sephora.(72)
Currently, India is ranked 14th in terms of consumption of beauty products globally. The country is on track to move to the sixth place by 2025, thanks to the rise of a middle class with high purchasing power that is set to double over the next decade, according to a recent report by Altios International, which specialises in global business development. India has a strong economic performance and youthful demographic structure, ensuring a great future for this industry. All that retailers need to do to be successful, is price their products well and position them intelligently!. The future prospects for this industry seem to be very good. With increasing awareness, more disposable incomes and the low per capita spend on cosmetics in the country, this industry will surely soar in the time to come. As the Indian cosmetics industry is still small, compared to international markets; it points that there is greater growth potential.
India is a very price sensitive market and the low per capita expenditure on personal products has offered impressive growth opportunities to this industry. Greater interest in personal grooming, along with increasing disposable incomes has helped the industry reach this stature. Moreover, with enhanced living standards, growing competition, marked shift in consumer attitude towards spending, coupled with aspirational lifestyles and quality products available at affordable prices, cosmetics have grown from being luxury products to necessity products.