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Naturals Family Salon, a pan-India name in the Indian beauty industry, has opened its fourth salon in Kerala at Kakkanad near Kochi. With this launch, the salon chain has touched the mark of 89 in the country. There are also plans to complete inaugurating its 100th outlet by the end of this month, Ms Veena Kumaravel, Founder-Chairman of Naturals Beauty Salon India Pvt Ltd, said.
As part of country wide expansion plans, she said, the company aims to open 500 by the end of the fiscal year 2013. Of this, 26 salons are planned in Kerala.
The company is all set to achieve a turnover of Rs 60 crore by the end of this fiscal against Rs 35crore achieved last year. With phased pan-India expansion, Naturals salon chain anticipates to achieve Rs 150 crore turnover by March 2012 and Rs 250 crore for the fiscal year closing during March 2013.
With the expansion plan underway, Naturals intends to produce 1000 women entrepreneurs and provide job opportunity to 15,000 people. The salon boasts of already having 70 women entrepreneurs in its chain, she added.
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