Surging Demand For "Virgin Hair" Boosts Indian Export To $138 Mn
The term black gold is usually used for crude petroleum; as it is such a valuable commodity. But India has its very own ‘black gold’ opportunity - hair. India accounts for 88% of total global hair exports. This black gold economy generates a whopping $550 million annually from hair and related products. India’s export value of hair related products stands at 138 million dollars, the scale of which can be best understood as the second biggest exporter, Pakistan, has 4.4 million dollar in revenue from these exports. And the entire global export value of hair is around $157 Mn
