India, March 12 -- The Government of India issued the following news release:

The Department for Promotion of Industry and Internal Trade (DPIIT) and The Estee Lauder Companies Inc. (ELC) have signed a Memorandum of Understanding (MoU) to foster innovation and entrepreneurship in India's rapidly growing beauty and personal care industry. This partnership aims to strengthen India's startup ecosystem and provide emerging beauty brands with essential resources and support.

This collaboration will integrate Startup India's national platform with ELC's flagship entrepreneurial program, BEAUTY&YOU India. The initiative will provide startups with funding, mentorship, industry insights, and access to a global network of beauty experts. Additional...