By  on June 1, 2012

India’s beauty business is “looking great and feeling good,” according to Vivek Bali, vice president and business head of cosmetics and fragrances in the lifestyle division of Reliance Retail Ltd., a diversified behemoth.

The industry’s sales are growing dramatically, having doubled between 2006 and 2011, when revenues reached $4.25 billion. “And the business will accelerate to about $5.8 billion by 2013,” he projected.

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