Source: Hindu Business 9/15/2007
Mary Kay to Invest 20 Million in India
Mary Kay has introduced around 60 products designed specifically for the Indian market through its subsidiary Mary Kay Pvt Ltd. It also has a beauty centre in Delhi to train consultants.
"The company would invest $6-7 million in the first year of operation. In terms of market share we are third in China and anticipate generating same success in India,'' Mary Kay Asia Pacific President K K Chua told PTI.
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