Blossom Kochhar Beauty Products Pvt Ltd would shortly roll out a new range of cosmetics primarily aimed at the up-market buyers. The company is in the process of setting up a new facility in Uttaranchal for the new products.

The Managing Director of the company Col V. Kochhar told Business Standard that the company was contemplating to remodel the pacakging of the existing beauty products to attract more buyers.

Kochhar added that contrary to the other businesses those were effected by the economic slowdown, the beauty business was on upswing. "It seems people now have more time to visit saloons and we do not see a meltdown in our business."

"We are steadfast on our expansion and of the 200 day spas we announced we have opened 14 and 6 were in the pipeline", he said.

He added that they focused north India for their salon business and Chennai would be their first venture in down south. Once we are establised there it would be easier to spread our opreations in the near-by towns.

Kochhar told that the company clocked in an export turnover of about Rs 8 cr last year and is projected to double its exports in the next financial year with the launch of new range and new pacakging.

According to Kochhar the company registered a turnover of Rs 30 cr last year.

He told that they were exporting to the dedicated buyers so did not fear the impact of fianacial meldown on their export business.

According to Kochhar the company registered a turnover of Rs 30 cr last year.

He apprised that the first training institute would be opened in Jallandhar very shortly.

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