India is fast cementing itself as a powerful player in the global beauty market and strategics are taking note.  The Estée Lauder Cos., for example, recently entered into an agreement to acquire the remaining 51 percent of Indian ayurvedic beauty brand Forest Essentials. It first made a minority investment in 2008 and increased its stake to 49 percent in 2020.  Founded in 2000 by Mira Kulkarni, as a luxury ayurvedic skin, body and hair care manufacturer based in Nida, a suburb of New Delhi, Forest Essentials has expanded to nearly 200 freestanding stores, primarily in India , and is forecast to grow net sales by low double-digits over the next few years. Related Articles Forest Essentials Courtesy “It’s a brand that is unique in so many ways in a market that is full of potential,” said chief executive officer of the Estée Lauder Cos., Stéphane de La Faverie.…