L'Oréal to Open First Global Beauty Tech Hub in Hyderabad with Rs 3,500 Crore Investment

French cosmetics company L'Oréal plans to inaugurate its first global Beauty Tech Global Capability Centre (GCC) in Hyderabad in November 2026. The company will invest over Rs 3,500 crore (approximately 350 million Euros) by 2030, creating around 2,000 skilled jobs in AI, data science, and technology engineering. The Hyderabad hub will support L'Oréal's global digital transformation, AI, and analytics initiatives, serving as a center for innovation, technology, data, and supply chain operations. This investment aligns with Telangana's growing status as a key destination for global enterprise operations and innovation.