L Oreal SA and Shiseido, two major cosmetics companies, highlight India s growing importance as a key growth driver in the beauty industry, driven by a large population and increasing affinity towards beauty products. L Oreal sees India as its fifth largest market in the professional products division, with significant untapped potential across the country.
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After fashion, Myntra has added a second growth engine beauty products. The company is making investments in technology, supply-chain and brand partnerships. The inside story.
L Oreal SA and Shiseido, two major cosmetics companies, highlight India s growing importance as a key growth driver in the beauty industry, driven by a large population and increasing affinity towards beauty products. L Oreal sees India as its fifth largest market in the professional products division, with significant untapped potential across the country.
Incorrect, incomplete, or ambiguous addresses are a huge drain on the countrys fast-growing e-commerce industry. While last-mile logistics companies have been using address-correction tools of some kind, the advent of generative AI can be a game-changer since it can reduce errors to a great extent.