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Mary Kay Bets on India

Cosmetic firm to invest nearly $20 million over next 5 years.

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By: TOM BRANNA

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Mary Kay India anticipates investing approximately $20 million in India during the next five years, as it eyes expansion in the growing market. Plans include expansion in Goa and Maharashtra with a new warehouse and more offices, according to the company, which first entered the market in 2007. “I am happy to be back again to see Mary Kay India expanding,” said K.K.Chua, president, APAC, Mary Kay Inc. . “Mary Kay entered into the Indian market in 2007 with a commitment to initially inv...

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