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Vandana Luthra Curls and Curves India ltd (VLCC)

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Women Entrepreneur - India:Vandana Luthra Curls and Curves India ltd (VLCC) – PowerPoint PPT presentation

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Title: Vandana Luthra Curls and Curves India ltd (VLCC)


1
(No Transcript)
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  • Mrs. Vandana Luthra is the founder of VLCC.
  • India's best known wellness brand.
  • Established in 1989, VLCC is currently present
    across over 315 locations in 140 cities and has
    operations in 11 countries - Bangladesh, Sri
    Lanka, Nepal, UAE, Oman, Bahrain, Qatar, Kuwait
    and India.
  • With her nationwide chain taking beauty and
    fitness to Indians as few others, Mrs. Luthra was
    among the earliest in contemporary India to
    realise the potential of the wellness sector.

3
  • After a degree from Delhi University, Mrs. Luthra
    did courses in nutrition, cosmetology, beauty
    care, fitness and skin care in Germany, London
    and Paris.
  • She made her entrepreneurial debut in 1989 by
    opening India's first Transformation Center with
    weight management programs with cutting-edge skin
    and hair treatments.
  • Her VLCC basically aims at providing several
    services related to beauty and body toning, which
    includes bleaches, manicures, receding hairline
    solutions, hair removal, permanent scar
    confiscation and several other beauty related
    knick knacks and cosmetics.

4
  • Having served over a million customers since its
    inception, VLCC, today, has achieved an iconic
    status across the world and is Indias largest
    and most preferred Slimming, Beauty Health
    brand.
  • VLCC Group serves as an umbrella for all its
    other brands VLCC Health Care Ltd., VLCC
    Personal Care, VLCC Spa, VLCC Institute and The
    VLCC Foundation.
  • VLCC Personal Care leverages the groups strong
    research capability to manufacture over 100
    solution-oriented skin-care, hair-care and body
    care products retailed through a nation-wide
    distribution network of over 150 distributors and
    10,000 retail outlets.
  • VLCC Spa offers various luxurious therapy options
    that are drawn from the wisdom of ancient
    cultures (from traditional Balinese therapies to
    blissful Thai massages) and is dedicated to the
    wellness of the mind, body and soul.
  • VLCC Institute of Beauty Health and Management is
    Indias first comprehensive vocational training
    academy of its kind that offers professional and
    vocational courses in health, nutrition and
    management. Affiliated to the prestigious City
    Guilds of UK, the Institute offers three broad
    categories of diploma courses Health Nutrition
    / Management.

5
The Wall Street Journal(Interview)
6
Entrepreneurship
  • To my mind, entrepreneurship is about people,
    their choices and actions in starting, taking
    over or running a business, or their involvement
    in a firms strategic decision-making
  • Entrepreneurs are a heterogeneous group and come
    from all walks of life. Yet there are certain
    common characteristics of entrepreneurial
    behavior, including a readiness to take risk and
    a taste for independence and self-realization.

7
The Wall Street Journal(Interview)
  • Vandana Luthra, a New Delhi-based entrepreneur,
    says attitudes toward women in India havent
    changed in the last decade. Most Indian men,
    still prefer women to be homemakers.
  • Ms. Luthra, who has two daughters, took the
    plunge into business after marrying into a
    relatively conservative Indian household. In
    1989, when her younger daughter was a toddler,
    she set up a small health and beauty salon in her
    neighborhood.
  • This business has become VLCC Healthcare Ltd.,
    with outlets in 16 countries.

8
The Wall Street Journal(Interview)
  • Q. What was the attitude toward women when you
    first started out as an entrepreneur?
  • People actually looked down on women. They
    probably thought women had no business being
    entrepreneurs. But people on the whole felt, Why
    should women work? They should be at home
    cooking, cleaning, raising children.
  • Q. What challenges did you face in your early
    days as an entrepreneur?
  • My first challenge was obviously arranging
    funds. It took very long to convince people, even
    banks. I didnt want to start with my father
    giving money and my husband giving me money.
    Then, every day was a challenge. From a young
    bubbly teenager, to a wife, to a mother, to a
    daughter-in-law, to being a good daughter, youve
    always got to prove a point.

9
  • Q. Is it tougher for women to set up a business
    in India? Or are attitudes to women the same
    worldwide?
  • Definitely more women are working. But if
    you look at the business class, men still want
    women staying at home and raising their
    kids. They are not given enough opportunity to
    work.
  • Q. What prevents Indian women from starting their
    own business?
  • The ambition is there, the passion is there,
    but somewhere they are restricted. I think it
    could be finance, because they are not able to
    arrange that kind of money. Or they are scared
    they are under lot of pressure because of family.

10
  • Q. What should women do to break the barriers to
    success?
  • Women should never restrict themselves. They
    must be grounded and level-headed. It is
    important to have a balance between the head and
    the heart. If there is a balance between the home
    and the workplace, theres a balance in the head
    and the heart. And an organization cant be run
    completely with the heart, or completely with the
    head.
  • Q. Is this a quality women have and perhaps men
    dont?
  • Women have qualities that men would take a
    while to adapt to. Men work from their head,
    while women work more from their heart, and they
    have a balance. In business, that balance is
    important.

11
  • THANK YOU ?
  • http//www.vlccwellness.com/India/
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