The Office of Ananya Birla, Aditya Birla Group, strengthens its presence in the beauty industry with the launch of LOVETC, a brand designed to redefine the beauty landscape with quality homegrown brands that address the market gap for high-performance, premium color cosmetics in India.
This strategic expansion follows Birla Cosmetics Pvt. Ltd.’s (BCPL) successful launch of Contraband earlier this year. The announcement reinforces BCPL’s commitment to providing high-value offerings to Indian beauty enthusiasts. The company’s foray into color cosmetics is part of its long-term vision to build a dynamic beauty portfolio, leveraging deep consumer insights and expertise in delivering product excellence. India’s beauty market, valued at USD 629.42 million in FY2024, is projected to more than double to USD 1,305.69 million by FY2032, reinforcing the immense potential for fresh homegrown brands to thrive.
Speaking about LOVETC, Ananya Birla, founder and chairperson of Birla Cosmetics Pvt. Ltd., shared, “The launch of LOVETC reiterates our constant belief that price is not what defines luxury; the quality of the product does. Better quality at a better cost, LOVETC offers a fresh new take on beauty by offering world-class, high-performance color cosmetics where luxury comes as a promise of a better future.” She adds, “With a strategic and consumer-first approach, we are poised to capture a 5-8% share of India’s rapidly expanding cosmetics market, leveraging our expertise to drive meaningful impact and long-term growth.
LOVETC will be positioned as a premium brand created in India for consumers in the market and across the world. The launch portfolio includes advanced lipsticks, long-wear eyeliners, and volumizing mascaras—all formulated with ingredients that prioritize performance and user delight.
To amplify its market entry, BCPL has signed Indian actress Janhvi Kapoor as LOVETC’s exclusive brand ambassador. Known for her effortless elegance and modern appeal, Kapoor’s association enhances consumer engagement and elevates the brand’s presence among aspirational beauty consumers.
LOVETC will debut on its direct-to-consumer website (https://lovetc.com/) and on Nykaa’s online platform, followed by a phased retail expansion planned across 200 stores in the top 20 cities in India.
Alongside the recent big power moves by Ananya Birla and her strong business acumen and success mantra, BCPL, which created a big noise just last month with her foray into the beauty industry, is sure to catapult the existing Indian economy to further heights.
