Mira Kulkarni, 

Estée lau der will soon increase its stake in Mountain Valley Springs to 40% or thereabouts. That comes on the back of the 20% it owns of the company. As the accompanying article ( http://bit.ly/2dXZS3K) argues, Lauder’s continued interest in Mountain Valley is an unqualified endorsement of Kulkarni’s leadership. Her products are sold under a more familiar brand name, Forest Essentials, supplied to 252 hotels and 130 spas countrywide. Then there are the 38 company-owned stores. Kulkarni says that ayurvedic formulations made at her two factories form the bedrock of her product range. She also expects to launch at least two new products next year. “We already have our trademark registered in 70 countries where we sell,” she says.