Global consumer brands deepen India bets with deals, factories and wider distribution

L’Oréal is set to acquire a majority stake in Innovist while scaling CeraVe beyond major cities. Haleon plans a ₹2,000 crore India factory and expands low-price access packs, while Mondelez adds 100,000 stores and grows local Biscoff production.

— Filed Fri, 31 Jul, 2026, 21:07 IST · Source The Hindu BusinessLine · Updated

Global consumer companies are expanding India bets: L'Oreal is acquiring Innovist and scaling CeraVe, Haleon is investing ₹2,000 crore in manufacturing and low-price packs, while Mondelez added 100,000 stores and is expanding Biscoff production.

Why this matters

The move follows L’Oréal’s reported H1 India growth acceleration and planned Innovist majority stake, alongside reports valuing the Innovist deal at ₹4,000 crore.

Retail-company signals are accelerating, up +217567% QoQ.