Indians spent over Rs 5000 crore not on luxury purchases but on Cosmetics in the last six months. Indians spent over Rs 5000 crore not on luxury purchases but on Cosmetics in the last six months. Among Asian Countries, India stands out as one of the fastest-growing markets for cosmetics products, particularly in the colour cosmetics industry, which includes eye, facial, and lip makeup categories. Rakesh Deshmukh / Monday, August 7, 2023 0 414 Article rating: 5.0 As per the report, working women who engage in both online and offline cosmetic shopping tend to spend 1.6 times more than the average amount spent by all cosmetic buyers. Read more