Discussion Paper: Industry Outlook on Policy Frameworks for the Cosmetics Sector
India’s cosmetics sector is set to generate USD 20 billion by 2025, growing at 8-9% annually. It is a significant contributor to the economy, driven by evolving consumer preferences, global beauty trends, and increasing digital adoption. However, the sector is governed by pre-independence legislation, including the Drugs and Cosmetics Act, 1940, and the Cosmetic Rules, […]
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