India boasts a rich heritage of wellness practices spanning from Ayurveda to yoga. Recognising the intrinsic value of this heritage in driving national development, the Indian government has embarked on a journey to harness its potential in alignment with the vision of Atma Nirbhar Bharat. This vision seeks to fuse traditional wisdom with modern innovations, positioning India as a global leader in offering comprehensive wellness solutions. Moreover, according to projections by the Global Wellness Institute, the Indian wellness market is expected to exhibit a CAGR of 5.55% during 2023-2028, underscoring the sector’s immense growth potential and significance.
Recognising this, ASSOCHAM organised the 5th Wellness and Personal Care Conference cum Felicitation Ceremony on January 17th, 2024, at the prestigious Hotel The Lalit, New Delhi, that focused on “Decoding the Changes and Future of Industry.”
What’s the Objective?
Highlighting the transformative growth amidst global shifts and technological advancements in the beauty, wellness, and personal care industries, ASSOCHAM organised the event with a focus on “Decoding the Changes and Future of Industry.”
Serving as the official media partner, GlobalSpa Magazine seized the opportunity to underscore the significance of wellness in the beauty sector. Mrs. Parineeta Sethi, Chief Editor and Publisher of Global Spa India and the Middle East, as well as PEAKLIFE Magazine, assumed the role of session moderator for the “Strengthening the Ecosystem of the Wellness Industry ” segment. Some of the key discussion points included exploring the synergy between Ayurveda and cosmetics in wellness, examining current and evolving practices in quality control, and reviewing skill development initiatives in the wellness and beauty sectors.
A Synergy of Technology and Wellness
The event spotlighted the intersection of technology and wellness, featuring esteemed speakers from the health and wellness sector who shared profound insights. Delving into pivotal themes such as AI-driven skincare solutions, sustainable manufacturing processes, and consumer-centric approaches, the discussions reflected how technological advancements are reshaping the landscape of beauty and personal care. Additionally, there was a notable emphasis on sustainability, aligning with global initiatives for environmental conservation.
A standout moment was the ‘Walk for Cause’ initiative led by Dr. Sanjana Jon, emphasising social responsibility and inclusive growth by advocating for the livelihood of weavers. The event also featured a prestigious felicitation ceremony, honouring exemplary achievers across various categories encompassing cosmetics, natural products, Ayurveda, and more.
A Confluence of Visionaries and Experts
The lineup of esteemed speakers reflected a convergence of expertise and vision from diverse sectors within the industry. From government officials such as Hon’ble Dr. Manoj Nesari, Adviser Ministry of AYUSH, to regulatory authorities like Shri. Pramod Tiwari, Director General of the Bureau of Indian Standards, and industry leaders such as Dr. Blossom Kochhar, Co-Chairperson ASSOCHAM National Wellness Council -Chairperson Aroma Magic Pvt. Ltd., the event promised a rich exchange of insights and perspectives. With representatives from renowned organisations like Hindustan Unilever Ltd., Reliance Retail Ltd., Marico India Ltd., and Godrej Consumer Products Ltd., alongside experts in research, innovation, and sustainability, the conference serves as a dynamic platform for shaping the future trajectory of the beauty, wellness, and personal care industries.
Notable names include Mrs. Parineeta Sethi, Chief Editor and Publisher, Global Spa India, Middle East, and PEAKLIFE Magazine; Ms. Swagatika Das, CEO and Co-Founder, Nat Habit; Mr. Ashish Dixit, Head of Regulatory Affairs, Dabur India Ltd.; and more.
