Shahnaz Hussain - A Successful Indian Woman Entrepreneur
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Case Details:
Case Code : LDEN012
Case Length : 11 Pages
Period : 1980-2003
Pub Date : 2003
Teaching Note :Not Available
Organization : Shahnaz Husain Herbals Industry : Cosmetics and Skin Care
Countries : India
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"I do not sell products. I sell an entire
civilization in a jar."
- Shahnaz Husain.
"She lives, sleeps, breathes her business. She is
consumed with building a successful company which she has done."
- Janine Sharell, Correspondent, CNN.
Introduction
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She captured the markets around the world and now she wants to conquer space.
In
an innovative move, Shahnaz Husain has started work on formulations that
astronauts could carry with them in their extraterrestrial sojourns to protect
their skin from the ravages of space travel and slow down the ageing process.
She has sent National Aeronautics and Space Administration (NASA) free samples
of her moisturizers, hoping that they will be used on space expeditions.
Shahnaz
Husain is one of India's most successful women entrepreneurs.
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Her company, Shahnaz Husain Herbals is one of the largest manufacturers of
herbal products in the world. It formulates and markets over 400
products for various beauty and health needs and has a strong presence
across the globe, from the USA to Asia.
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In 2002, the Shahnaz Husain Group, based in New Delhi, was worth $100 million.
It employed about 4200 people in 650 salons spread across 104 countries. The
Group has seen a good growth rate in the 25 years that it has been in
business. The average growth rate in the initial years (late 1970s to the
early 1980s) was 15-20%. In the 1990s the average growth rate was 19.4%.
A number of awards, both national and international have been conferred on
Shahnaz Husain. Some of them are "The Arch of Europe Gold Star for Quality",
"One of the Leading Women Entrepreneurs of the World", "The 2000 Millennium
Medal of Honor", "Rajiv Gandhi Sadbhavana Award", etc. (Refer Exhibit I &
II).
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Shahnaz Hussain - A Successful Indian Woman Entrepreneur
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