French group L'Oreal, the world's biggest cosmetics maker, is open to acquisitions in Brazil or India, chief executive Jean-Paul Agon told French daily Le Figaro.
India is an important market for the world’s largest beauty and cosmetics company, L’Oreal. This company is doing very well in India. It has been growing at about 32% over the last two years and touched Rs 1000 crore of turnover last year.