Union Minister of Commerce and Industry Piyush Goyal recently held high-level meetings with senior executives from L’Oréal India and Temasek to explore avenues for boosting exports, enhancing foreign investments, and advancing skill development in India’s key sectors.
In a meeting with Aseem Kaushik, Managing Director of L’Oréal India, and Krishna Vilasini Bharadwaj, Director of Corporate Affairs & Engagement, discussions centered on the company’s expansion plans and strategies to increase exports of beauty and personal care products. The dialogue also focused on strengthening India’s skill development ecosystem by training professionals in the beauty industry—an initiative aligned with the government’s Make in India and Skill India missions.
L’Oréal India, a subsidiary of the global cosmetics giant, has been operating in the country for over two decades. The company’s leadership has identified India as a strategic market with plans to more than double its business in the coming years, leveraging the country’s manufacturing capabilities and growing consumer base.
Minister Goyal also met with Ravi Lambah, Head of Strategic Initiatives and Head of India at Temasek, a Singapore-based global investment firm. The meeting highlighted Temasek’s expanding investment footprint in India and its role in supporting innovation, job creation, and economic growth. Goyal welcomed Temasek’s continued engagement in strategic sectors and reaffirmed the government’s commitment to fostering a conducive environment for global investors.
These engagements underscore India’s proactive approach to attracting foreign investment and promoting its position as a global hub for manufacturing and services.
