Home >> News & Events >> Yash Birla Group's 'Evolve Medspa'
Mumbai, Aug 25 : Evolve Medspa, a JV company of Yash Birla group and Singapore-based Pacific Healthcare Holding, is on an expansion spree and has decided to open 20 healthspa centre by 2010 with an investment of Rupees 60 crores.
With the beauty and healthcare poised to grow to trillion dollars by 2010, Evolve has plans to capitalise on the growing demand for quality solutions on wellness and explore newer verticals by continuously staying abreast of the innovations of the beauty industry, according to a release here today.
Evolve plans to further expand with new offerings and bolder eco-friendly initiatives, latest technology, cutting-edge treatments and ramping up of the global spa brands.
It has also decided to introducing 45 cosmetic centers at 12 locations across India by March 2012 with two more outlet in Andheri, Mumbai and Ahmedabad, Gujarat by end of the current quarter.
Other locations are Delhi, Pune, Chennai, Hyderabad, Jaipur, Nagpur, Indore among others.
'' The spa and wellness industry in India is estimated at Rs 11,000 crores growing rapidly at 25-35 per cent. We want to excel in this growth story. With our expansion plans we hope to tap the Pan India presence and expertise,''said Yash Birla Group chairman Yash Birla.
Evolve offers a range of scientific makeover solutions to help enhance beauty using state-of-the-art equipment.