Ananya Birla, under the Aditya Birla Group, has introduced a new premium cosmetics brand called LOVETC through Birla Cosmetics Pvt. Ltd. (BCPL). This move marks the company’s deeper entry into India’s beauty segment, especially after launching Contraband earlier this year. The aim is to offer high-quality, performance-driven colour cosmetics that are homegrown yet world-class.
LOVETC reflects the brand’s mission to create a diverse and innovative beauty portfolio rooted in strong consumer insights and product excellence. Ananya Birla emphasised that luxury is defined by quality, not price, and LOVETC promises better-quality products at better prices. The initiative supports their broader vision of creating future-ready beauty offerings that cater to both Indian and global consumers.
India’s cosmetic market was valued at $629.42 million in FY2024 and is expected to grow to $1.3 billion by FY2032. This rapid growth creates opportunities for new domestic brands to thrive. With a focus on capturing 5-8% of this market, LOVETC aims to establish a strong foothold in the premium segment of beauty products.
The launch collection from LOVETC includes high-performance lipsticks, long-lasting eyeliners and volumising mascaras, all developed with attention to quality, performance and consumer satisfaction. These products are crafted to meet global standards while maintaining affordability and accessibility for Indian consumers.
To enhance its brand visibility, LOVETC has onboarded Bollywood actress Janhvi Kapoor as its official brand ambassador. Her modern and elegant persona aligns with the brand’s identity, aiming to connect with aspirational and style-conscious consumers. This partnership is expected to boost brand recognition and engagement in the competitive Indian beauty market.
LOVETC is set to become a strong player in India’s expanding beauty industry. Ananya Birla’s vision of combining quality with affordability offers a refreshing approach to luxury. Backed by expert insights, a strategic mindset and celebrity support, the brand holds great promise for long-term success and consumer trust in the premium cosmetics space.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Apr 16, 2025, 3:08 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates