The funds will also be used to launch more brands under the Honasa Consumer Pvt Ltd
Rising technological developments and product innovations are projected to be introduced in the next five years in countries such as China, India, Japan and South Korea, says Dr Mosongo Moukwa
The last time Congress thoroughly overhauled the regulation of personal care products like cosmetics and shampoo, World War II had not yet begun.Nearly 80 years later, personal care is a multibillion-dollar business, and many of the ingredients used in soaps and face creams are complex - and potentially dangerous - chemical compounds. But the laws on the books have not kept up with the times: If a shampoo makes your hair fall out, no government agency can easily compel a recall.That could change soon. Legislation that would introduce a far more serious degree of regulatory oversight to the personal care products industry is proceeding in the Senate and the House of Representatives. Consumer safety groups are pushing for stricter laws. And the call for more stringent oversight of the industry is coming from a coalition of companies that includes Beautycounter, a plucky start-up that is pitching natural face creams as well as regulation.Beautycounter is the brainchild of Gregg Renfrew, a
The new unit, envisaged to be commissioned in early 2017, will augment the production capacity of personal care products for the company