L’Oréal CEO Nicolas Hieronimus has announced plans to double the company’s business in India within the next few years, calling the country one of the group’s most important and fastest-growing markets. Over 95% of L’Oréal’s products sold in India are already locally manufactured, and the company aims to further expand its factory capacity and boost exports to neighboring regions. India’s beauty market, projected to reach $30 billion by 2027, is attracting increased attention from global cosmetics giants amid slowing growth in mature markets.