Indian sacrifices keep the West supplied with hair extensions



CHENNAI // Strong religious belief and spirituality, coupled with sky-rocketing demand from western women, have made India the world leader in the hair extension trade.
The country has long been the world's biggest exporter of human hair, and companies involved in the sector estimate that the business is worth up to 8.5 billion rupees (Dh735 million) a year.
Hair is offered as a sacrifice to the hundreds of thousands of gods in the Hindu pantheon for reasons as diverse as seeking to ward off ill-health to wanting to bring luck and fortune.
The practice is common in southern India, especially at temples in Tamil Nadu state, where people from all over the country come to be shaved.
But those in the hair trade that feed off the ritual fear for the future, as modern India changes on the back of its recent economic boom, opening up the vast country to more secular, consumerist pursuits and outside influences.
George Cherian, the chief executive of Raj Hair International in the state capital, Chennai, said: "There has been a change or trend in the reduction of the younger generation going to the temple and tonsuring their hair. They might cut their hair length half-way through but not necessarily fully shave their hair."
For now though, business remains brisk. On a religious festival day, up to 1,000 people, including 50 to 60 women, undergo the ritual at the Tiruttani temple north of Chennai.
Indian women like Anandi Perumalswamy are the mainstay of the industry, even if their lives are a world away from the fancy salons in the United States and Europe, where demand for hair extensions is highest.
"Our favourite god is Lord Muruga. We had lots of problems, like debt, many types of problems," said Perumalswamy, a 45-year-old mother of two.
"I had prayed for my son to get married. I had promised that if he gets married, then I would offer my hair."
The marriage took place a few months ago and so she came to Tiruttani to uphold her part of the bargain.
Tonnes of tresses are cut every day and mostly sold at auction to wholesalers, which then prepare and export them for use across the world.
The practice has even become a lucrative sideline for temples, who use the money raised for charitable activities. Some suppliers have also gone into business themselves, cutting out the need for wholesalers.
The vogue for hair extensions among Hollywood actresses such as Gwyneth Paltrow and other celebrities has pushed up demand. Cheaper synthetic hair was popular in the 1990s and caused a slump in business for Indian firms but human hair is now favoured, adding to its market value.
One kilogram of Indian hair fetches on average $250 (Dh900); 15 years ago the cost was $20 a kilo, Mr Cherian said.
The most expensive type is "remy" hair, which is shaved directly from the scalp. It makes up 25 per cent of the market; "non-remy" hair, which accounts for the rest, comes from comb waste.
"Indian hair is the most sought after for the only reason that it belongs to the Caucasian race to start with," said Mr Cherian said.
"And the natural colour, black, matches the hair colour of the Africans as well as, when bleached, the colour of the Europeans or the Americans."
The end product is supplied to women such as Fereena West, who goes to the ColourNation salon in central London, where a full head of natural Indian hair can cost more than $3,000 and take up to four hours to put in.
Ms West, a 25-year-old part-time model, said: "The hair extensions that I get, they're quality. They're 100 per cent human hair and they are quite expensive but you have to pay for what you get."

The specs
Engine: 77.4kW all-wheel-drive dual motor
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Torque: 605Nm
Transmission: Single-speed automatic
Price: From Dh219,000
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UAE team
1. Chris Jones-Griffiths 2. Gio Fourie 3. Craig Nutt 4. Daniel Perry 5. Isaac Porter 6. Matt Mills 7. Hamish Anderson 8. Jaen Botes 9. Barry Dwyer 10. Luke Stevenson (captain) 11. Sean Carey 12. Andrew Powell 13. Saki Naisau 14. Thinus Steyn 15. Matt Richards

Replacements
16. Lukas Waddington 17. Murray Reason 18. Ahmed Moosa 19. Stephen Ferguson 20. Sean Stevens 21. Ed Armitage 22. Kini Natuna 23. Majid Al Balooshi

Tips for newlyweds to better manage finances

All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.

Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.

Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.

Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.

Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.

Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.

COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
 
 
 
 
 
 
 
The Bio

Name: Lynn Davison

Profession: History teacher at Al Yasmina Academy, Abu Dhabi

Children: She has one son, Casey, 28

Hometown: Pontefract, West Yorkshire in the UK

Favourite book: The Alchemist by Paulo Coelho

Favourite Author: CJ Sansom

Favourite holiday destination: Bali

Favourite food: A Sunday roast

Various Artists 
Habibi Funk: An Eclectic Selection Of Music From The Arab World (Habibi Funk)
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Company Profile

Company name: Big Farm Brothers

Started: September 2020

Founders: Vishal Mahajan and Navneet Kaur

Based: Dubai Investment Park 1

Industry: food and agriculture

Initial investment: $205,000

Current staff: eight to 10

Future plan: to expand to other GCC markets

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PROFILE OF HALAN

Started: November 2017

Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga

Based: Cairo, Egypt

Sector: transport and logistics

Size: 150 employees

Investment: approximately $8 million

Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar