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Newstrack
Pevonia India to tap the growing spa market
To invest approximately Rs 20 crore in spa institute, spa
products
Sanjeev Bhar - New Delhi
Pevonia India, the Indian arm of the US based company Pevonia
Botanica, is set to tap the growing Indian spa market and will soon set up a
spa academy. Speaking to Express Hospitality, F J Singh, managing director
of the company revealed, "Pevonia India's spa academy is coming up in the
capital within two months. The spa academy is an ambitious project. The 40,000
sq ft academy will be set up as a joint venture and will cater to the needs
of the spa industry. Its in-depth curriculum will target professionals from
the hotel sector. It can accommodate 600 students at any given time." However,
he declined to reveal which company Pevonia India has tied-up with.
Pevonia India is looking to establish a pan-India presence. "We will invest
around Rs 15-20 crores in this phase," Singh said. Pevonia Botanica, an
elite spa care line, is part of the CosmoproGroup which offers product and service
solutions to the spa, salon and medical industry. Other related brands will
also be introduced. Singh disclosed, "We are in talks with high-end French
and Italian companies to bring in quality spa products in India."
Pevonia India's product line also includes spa equipments under the brand Cosmopro
Equipment. It will also provide consultancy to hotel companies for the setting
up of spas, replicating the Cosmopro Groups' Interdesign Spa Consulting Group
(ISCG), which is known for providing pre and post-operational consulting services
for spas. "We are not looking for exclusive contracts. We want an all-India
presence and will tie-up with premier hotel groups or boutique hotel spas. We
hope to achieve our targets in the next four months, with the assistance of
our Mumbai and Bangalore offices," Singh said.
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