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...Read "India Inc.: Bombay's Boom...

Author: /time Magazine | Title: Social Fabric | 2/22/2010 | See Source »

...concern that Britain could become a breeding ground for Islamic extremists, the U.K. is tightening its student-visa standards to bar "bogus" entrants, a move that could reduce by thousands the number of foreigners studying in the country. The move followed the suspension of student-visa applications from northern India, Nepal and Bangladesh after their numbers soared...

Author: /time Magazine | Title: The World | 2/22/2010 | See Source »

Habib's salons aren't India's poshest, but that's not the point. Over the past decade, the New Delhi native has brought branded hairstyling to a country where millions still get their hair trimmed by mummy-ji in the bathroom or by barbers whose salons consist of a tree trunk with a mirror tacked onto it. Habib has helped convince middle India that hair is not just something that grows on your head but a market waiting to be primped and tugged at. "People used to think hair care was a low-grade profession, with no future...

Author: /time Magazine | Title: In India, A Salon A Cut Above the Rest | 2/22/2010 | See Source »

...India's burgeoning middle class has responded with cheerful readiness, spending freely on personal products and services - an industry that McKinsey forecasts will grow 9% annually over the next 15 years. Habib claims his empire grew 1,000% last year. There are now 155 Jawed Habib salons and 42 training academies across Asia, from Malaysia to Nepal and beyond. Like Tata's celebrated Nano, the $2,500 "people's car" launched last year, Habib's services are aimed at those who, perhaps for the first time, are enjoying a modicum of disposable income. In 2009 he launched Hair Espresso outlets...

Author: /time Magazine | Title: In India, A Salon A Cut Above the Rest | 2/22/2010 | See Source »

Habib's ancestors were working with Indian hair since before the subcontinent's independence. His grandfather was barber to both the last British viceroy, Lord Mountbatten, and Jawaharlal Nehru, India's first Prime Minister, and Habib's father cut hair too. But Habib's vision is broader. He wants his business to become the Walmart of hair care...

Author: /time Magazine | Title: In India, A Salon A Cut Above the Rest | 2/22/2010 | See Source »

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