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The cosmetics market of India is expected to triple by 2025. Wikimedia Commons
  • Beauty has become a business in the world today, and its booming rapidly in India
  • The $6.5 billion cosmetic industry is expected to grow to reach $20 billion by 2025 making India among the top 5 biggest in the world
  • Fashion consciousness is being further fueled by India’s young demography as well as social media

July 13, 2017: The beauty and cosmetic industries of India are growing at a pace never witnessed before. This isn’t just the tale of big cities but in all parts of the nation.

The young demography of India is expected to continue fuelling the industry making it bigger and bigger. As the reports from RedSeer Consulting firm estimates; the market for cosmetics and mainly hair products, skin creams, deodorants, and more, is expected to triple from present $6.5 billion to $20 billion by 2025.


It also estimates that the compounded annual growth rate will reach 25 percent, which is way above the global average of 4.3 percent. This will make India amongst the top 5 biggest markets for cosmetics in the world.

As Shubham Anand (head of retail and consumer practice at RedSeer) points out, “this booming growth has a lot to do with India’s younger demographic. These Indians want to look good all the time.”

ALSO READ: Heard of Tandoori Momos? : Tibetan Refugees Contribute to Indian Cuisine

Social media has also played an important role. Additionally, online retailers such as Flipkart, Nykaa, and Amazon are making products accessible. Online cosmetics sale is at $50 million.

The report also mentioned that the boom is certainly an attractive business expansion for luxury brands like Labiocos, Victoria’s Secret and others.

– by Saksham Narula of NewsGram. Twitter: @Saksham2394


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Photo by Wikimedia Commons

Delhi to get new QR-based driving livenses and registration certificates.

In a step towards digitisation of the system, Delhi Transport Department will soon issue QR based Smart cards for driving licenses (DLs) and registration certificates (RCs).

As per a statement, the new driving licence will have an advanced microchip with features like Quick Response (QR) code and Near Field Communication (NFC). The new RC will have the owner's name printed on the front while the microchip and the QR code would be embedded at the back of the card.

The cards earlier had embedded chips, but chip reader machines were not available in the required quantity with both the Delhi Traffic Police and the Enforcement Wing of the Transport Department. Moreover, chips were designed and implemented by the states concerned, which resulted in difficulties in reading the chip and retrieving information, especially in case of defaulters.

"Now with the QR based smart card, this issue is resolved. This will enable unification in linking and validating one's information to smart cards with Sarathi and Vahan, the two web-based databases of all driving licenses and vehicle registrations," the release added.

The QR is also being implemented nationwide, the QR code reader is easily procurable and will do away with the requirement of any manual intervention altogether. The new cards will also allow two specific materials for their card manufacturing -- PolyVinyl Chloride or PVC, or PolyCarbonate which is slightly more expensive but more durable. (Card Size - 85.6mm x 54.02 mm; Thickness minimum 0.7 mm)

An October 2018 notification of the Ministry of Road Transport and Highways (MoRTH) had made changes to the Driving License and Registration Certificate. The new Smart card based DL and RC, will have chip based/ QR code based recognition system. At the same time, documents such as driving license or registration certificates in electronic formats on DigiLockers and mParivahan were also made valid in place of physical documents and treated at par with original documents.

The QR code also has an added advantage of acting as a safety feature on the smart card. The department will be able to retain records and penalties of the DL holder for up to 10 years on the VAHAN database as soon as a driver/ owner's Smart card is confiscated. The new DLs will also help the government in maintaining records of differently-abled drivers, any modifications made to the vehicles, emission standards and the person's declaration to donate organs. (IANS/JB)

Keywords: Delhi, Driving License, Registration License, Digitisation.


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