Hotline: 1800 102 2007
X
Search Business Opportunities

Soon to be 'billion dollar’ firm, French beauty giant L'Oréal ramps up India operations

With the mens grooming and skincare category booming over the last few years, L’Oréal India is also increasing its presence in the category. The brand’s consumer category product Garnier for Men is now available in some South East Asian markets.

Soon to be  'billion dollar’ firm, French beauty giant L'Oréal ramps up India operations

L'Oréal ramps up India operations
Soon to be 'billion dollar’ firm, French beauty giant L'Oréal ramps up India operations
Intro: With the mens grooming and skincare category booming over the last few years, L’Oréal India is also increasing its presence in the category. The brand’s consumer category product Garnier for Men is now available in some South East Asian markets.

As a part of its 2020 roadmap to become a 'billion dollar' company in India, French beauty major L'Oréal is significantly stepping up its research and innovation (R&I) division in the country.

"Our R&I centres in Mumbai and Bangalore are working on sustainable innovation to meet our target of reducing carbon emissions by 60 per cent at our plants and distribution centres by 2020," as informed to PTI by Jean-Christophe Letellier, Managing Director, L’Oréal India.

He also said, "Sustainable development is as important as the business and financial objective and L’Oréal is investing in integrating processes to reduce our carbon footprint here.”

This is part of the company's overall strategy to make India among its top five markets in the next few years. The company has set itself an ambitious target to clock revenues of Rs 7,000 crore by 2020.

Significantly, L’Oréal had pumped in Rs 1,000 crore in 2011 to ramp up manufacturing and set up research facilities here, and Letellier hinted at further investments to increase production in accordance with the growth of the business.

"Besides the unit in Pune, we have set up a manufacturing unit in Himachal Pradesh in 2013 for hair colour, which is built to be growth ready," noted the L’Oréal India MD said.

Meanwhile, talking about the research facilities, Letellier said, "India is one of five hubs globally where we conduct research. While each market has its own roadmap we operate in a very open system, and best ideas can be implemented elsewhere."

Several local innovations include non-sticky hair oil and hair cream, and face wash could be taken to other markets, said he.

Garnier for Men, the male grooming range, which was developed locally, is now available in some South East Asian markets. With the mens grooming and skincare category booming over the last few years, L’Oréal India is also increasing its presence in the category.

Comment
Related opportunities
  • About Us Ross Warner HR Solutions is an ISO 9001:2000- certified..
    Locations looking for expansion Maharashtra
    Establishment year 2007
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Others Dealers And Distributors
    About Us: Forsch is premium engine oil and lubricant brand headquatered..
    Locations looking for expansion Karnataka
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Banglore Karnataka
  • Casual dine Restaurants
    About: Gola Sizzlers is a well established authentic chain of restaurants..
    Locations looking for expansion Delhi
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Career Counselling & Brain Programming
    About Us: Brain Checker Techno Services (India) is India's Largest Career..
    Locations looking for expansion Maharashtra
    Establishment year 2007
    Franchising Launch Date 2012
    Investment size Rs. 2lac - 5lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Nashik Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts