Walmart to launch Rs 1,200-crore cosmetics brand ‘Made in India’ in 2018

Walmart will launch its new cosmetics brand, Made in India, in 2018, the company said on Tuesday.

The cosmetics brand will offer a range of products, including skin care, haircare and makeup, the Wal-Mart India unit said in a statement on its website.

Walmart, the world’s biggest retail chain, is also eyeing to invest in India as the country continues to grow.

In 2018, Walmart has set aside $1 billion for investment in the country, it said.

The company has set up factories in India for its manufacturing plants and will open up a second plant in Bengaluru, which is about 100 km from the state capital, for further expansion, the statement said.