That’s it. That’s what I learned today.
Parachute is an iconic brand. And it’s safe to say most people have heard about Parachute coconut oil. But the interesting bit is that the product oil isn’t sold or marketed as hair oil. Instead, Marico classifies them as edible oil. The reason is quite simple. Edible oil carries a low tax rate. Cosmetic hair oil is taxed at a higher rate.
When Sachin wasn’t a cricketer (Don’t get misled by heading of the article)
I did a double take when I read this and had to rush to see my Parachute hair oil bottle to confirm this.
