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L'Oreal expands operations in India, enters dermocosmetic market
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L'Oreal on Thursday announced its entry into the Indian dermocosmetic market and said it has introduced L'Oreal Dermatological Beauty (LDB) in the country. LDB, a new division for the Indian market will bring products to dermatologists, patients, and consumers, a company statement said.
It will start its journey in India with CeraVe, a leading dermatologist-recommended skincare brand in the US market.
L'Oreal India Managing Director Aseem Kaushik said the entry is significant for India where the ratio of dermatologists to consumers is one of the lowest in the world (0.7 dermatologists for every 1,000 people).
«We believe everyone deserves access to expert dermatological care and effective skincare solutions.
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