Biggest franchise chain of wellness and beauty VLCC is coming forth with a plan to set up 100 new outlets in India as well as in foreign markets, which includes Africa. The plan of expansion is maintained to be accomplished in next two years.
“We are planning to grow our centres in India as well as globally. Our aim is to open 100 more centres in the next two years,” VLCC Founder and Mentor Vandana Luthra mentioned.
The expansion is part of the three-year Rs 200 crore investment plan, which the company kick-started last year.
The company currently has a total of 300 outlets comprising beauty and slimming centres, nutrition institutes and exclusive beauty zones in 16 countries.
It is eyeing to enter new markets in Africa and South East Asia.
In India VLCC has around 170 centres and it plans to add another 30 outlets in the next two years.
“Apart from the countries we are present currently; we are looking at countries like Singapore and Indonesia in South East Asia. We are also looking to enter North Africa and East Africa with both our products as well as services businesses,” VLCC Managing Director Sandeep Ahuja said.
VLCC, which operates a mix of company-owned and franchise outlets, is eyeing 20 per cent growth year-on-year on back of its expansion.