L'Oreal bets on quick commerce, local products to accelerate India growth

L'Oreal is seeing substantial growth in its Indian market, supported by enhanced team capabilities and localization strategies. The company's consumer products division reported double-digit growth, particularly in haircare and skincare. L'Oreal is expanding its skincare brands CeraVe and La Roche-Posay into new cities to meet rising consumer demand. Additionally, L'Oreal has acquired a majority stake in Innovist to boost its digital-first marketing approach in India.