Anand K , CEO, SRL Diagnostics
With the onset of COVID-19 pandemic, we have witnessed a rise in the importance of quick and effective diagnostic systems in the healthcare industry, more so in rural areas. India’s Diagnostic labs played an essential role in making clinical decisions easy and this helped patients during the pandemic. Significant innovations were visible and its access to common man was accelerated in the Indian healthcare and diagnostic sector. SRL Diagnostics is India’s second largest diagnostic company in terms of revenue and the number one in terms of network, with more than 420 plus laboratories across the country which cater to over 600+ cities. Led by Anand K., SRL Diagnostics is recognized as India’s largest chain of diagnostic laboratories by geographic presence and the only lab in India with a pan-India presence, along with branches in Dubai, Afghanistan and Nepal.
The Need for an Ideal Technology Strategy
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Top 10 Leaders in Health & Personal Care Stores - 2022
I ndia’s beauty and personal care market, estimated at $25.9 billion in 2020, is projected to reach $32.7 billion by 2023, growing at a compound annual growth rate (CAGR) of 8.1 percent. The predictions and statistics show that it is the best time ever to run a D2C beauty and personal care brand in India. The smart phone and internet proliferation have helped tremendously in this growth of the industry. Consumers are increasingly discovering a slew of new products and brands online, and are more than willing to experiment, thus boosting growth prospects of firms operating in the space. This has led to a capital flow in the industry pouring from all sides for brands and white label manufacturers.
Earlier, the industry was controlled by legacy brands. However today, the industry is witnessing a boom due to changing perceptions, growing awareness about natural ingredients/chemical-free products, and most importantly, the rise of direct to consumer (D2C) companies making waves in the online retail space. The increasing love for natural, chemical free skin care products, along with India’s traditional knowledge and enhanced manufacturing capabilities give us an unparalleled impetus to become the global destination for skincare manufacturing. This change is quite visible in the market from the growth of many leading Indian manufacturers.
Increasing female working population, growing fashion trends and the popularity of social media channels like Youtube, Facebook and Instagram are considered to be some of the reasons for such a fast growth of industry in India. Asia Pacific is the leading market, followed by North America and Europe due to rising disposable income, foreign direct investments, growing population and increasing internet penetration.
This issue of the CEO Insights magazine introduces you to a list of ‘Top 10 Leaders in Health & Personal Care Stores - 2022’ who have been the torchbearers of success in the field through their high quality products. The list has been crafted by a team of CEOs, VCs and the CEO Insights editorial board.
Company Logo | Company Management | Company Name | Company Description |
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Anand K, CEO | SRL Diagnostics | A leader with 20+ years work experience in the healthcare industry providing quality services via a network of 400+ labs and 1500+ customer touch points |
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Chhavi Singh, Founder | Sacred Salts | A young entrepreneur who stepped into business with the aim of adding value to skin care segment by understanding the demands of consumers |
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Falguni Nayar, Founder & CEO | Nykaa | An Indian businesswoman and one of the self-made female billionaire who started her business journey at her 40s and became a successful leader |
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Joginder Chawla, Managing Director | Nirma | A leader with great vision and passion to his profession who led the company to success |
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Mohit Jain, Co-Founder | Kimirica | Holds Bachelors Degree in Engineering, and Masters in Marketing from University of Birmingham, UK, and uses the expertise for effective execution, conceptualization and branding of ideas & opportunities |
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Pradeep Cholayil, Managing Director | Medimix | A great leaders who became instrumental in launching our flagship brand Medimix all over India and subsequently in international markets |
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Rohit Chawla, Co-Founder | Bare Anatomy | Completing MBA at INSEAD and MS at Carnegie Mellon University, previously he was working as the CEO at Man Company |
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Sanjiv Mehta, CEO | Hindustan Unilever | Having studied advanced management program from Harvard Business school, he currently servs as the President of UNILEVER South Asia |
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S. K. Burman, Founder | Dabur India | A physician from Bengal who suceeded in realizing his mission of providing effective and affordable cure for ordinary people in far-flung villages |
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Toina Kinimi, Founder & CEO | Beauty Barn | A leader in the health and personal care industry helping people to have beautiful and healthy skin through Korean skincare solutions |
Other Issues
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