Mumbai, Oct. 4 -- The board of French company L'Oreal, the world's largest beauty group, is set to visit India next week to gauge opportunities in one of the world's fastest-growing beauty and personal care markets.

The first such visit by L'Oreal's board comes amid recent management changes at the India arm of the Maybelline lipstick maker.

While India still remains a value-driven market, global companies such as ZZZ and ZZZ are launching their beauty products in the country to capitalize on growing demand for international brands.

"The board is coming to study the market opportunity since growth among new customers is in India," said a person aware of developments at the company.

L'Oreal's board will visit Mumbai, where the company ...