New Delhi, May 9: India’s Commerce and Industry Minister Piyush Goyal held a significant meeting with Mr. Vincent Estouaux, the International Relations Director of LVMH Group Moët Hennessy Louis Vuitton. The discussions focused on strengthening manufacturing in India, increasing exports, investing in local talent, promoting Indian culture globally, and advancing a balanced trade partnership beneficial for both parties.
Minister Goyal shared on the social media platform X, “Had a fruitful meeting with Mr. Vincent Estouaux from LVMH Group. Our discussions centered around enhancing manufacturing in India to boost exports, investing in local talent, promoting Indian culture through collaboration, and fostering a balanced and mutually beneficial trade partnership.”
Earlier, Goyal met with senior officials from France’s leading beauty and personal care company, L’Oréal Group. The talks revolved around strengthening sourcing, manufacturing, and exports from India.
He mentioned on X that he met with a delegation led by Vismay Sharma, President of L’Oréal Group for South Asia Pacific, Middle East, and North Africa. The meeting extensively discussed opportunities to increase production and exports from India.
The minister noted that L’Oréal recently launched the world’s largest Beauty Tech Global Capacity Center in Hyderabad, which aims to enhance new opportunities in India’s beauty and personal care sector. Earlier this year, the French cosmetics giant announced an initial investment of approximately $383.4 million to establish a Beauty Tech and Innovation Hub in Hyderabad.
My name is Kuldeep Singh Chundawat. I am an experienced content writer with several years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.
