By Mieke Meintjes
L’Oréal is planning to significantly expand its India business operations over the next few years, positioning the country as a central hub in its global growth strategy.
CEO Nicolas Hieronimus has confirmed the move during a recent meeting in Paris, France, with India’s Commerce and Industry Minister Shri Piyush Goyal, citing local manufacturing expansion and export growth as key priorities.
“India is a very strategic market for L’Oréal,” said Hieronimus. “We intend to more than double our business in the next couple of years, expand our factories — which are today manufacturing 95% of what we sell in India — and also export to the rest of the region.”
The company is already seeing strong momentum in the market. In its Q1 2025 financial results, L’Oréal identified India as one of its fastest-growing markets, alongside Brazil and Thailand.
The broader SAPMENA region, which includes India, posted 10.4% like-for-like and 12.2% reported growth, with robust performance across all product categories.
The beauty giant currently produces approximately 500 million units annually in India, with many products shipped to the Gulf region. “It is the beginning of a big adventure,” Hieronimus added.
