Global cosmetics giant L’Oréal aims to double its business in India over the next few years, while also strengthening its local production capacity. “India is a very strategic market for L’Oréal,” said Nicolas Hieronimus , the group’s CEO, during a meeting with journalists held during the official visit to France by Piyush Goyal, India’s Minister of Commerce and Industry, according to the Press Trust of India.

“We intend to more than double our business in the coming years, expand our factories—which already produce 95% of what we sell in India—and increase our exports to the broader region,” the executive stated.

L’Oréal currently manufactures approximately 500 million units annually in India, with a significant share destined for export. According to India Retailing, these exports pr

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