Apart from this, Tata also plans to provide experiential shopping facilities at these stores. Hence, customers can browse and buy every cosmetic product digitally.
Tata claims that the 18- to 45-year-old age group in India is the preferred consumer of cosmetics. They mostly buy products from foreign cosmetic brands. Tata is planning to open new stores targeting them.
Tata is negotiating with more than 20 foreign beauty brands for this. If the talks go through positively, the products of the respective brands will be sold only in Tata’s stores.
Currently, the cosmetics market in India is valued at $16 billion. Companies including Naiga are already competing in this market. In this case, Tata is also planning to enter the game.