Archive · 21 Jan 2026
L'Oréal to invest $383.4M in Hyderabad
L'Oréal, a big company that makes beauty products, is going to open a special center in Hyderabad, India.
This center is called a Global Capability Centre (GCC) and will be the first one in the world.
It will help L'Oréal with new ideas, technology, and managing their products all around the world.
The center will also work on digital things like AI and data.
The company’s boss and the leader of the local government talked about this plan at a big meeting in Switzerland.
The center will open in November 2026, and the company might also make products there in the future.
L'Oréal will invest 35 billion rupees ($383.4 million) and create 2,000 tech jobs by 2030.
L'Oréal will invest 35 billion rupees ($383.4 million) to set up a beauty tech hub in Hyderabad, India.
The hub will serve as a global base for AI-driven beauty innovation and create 2,000 tech jobs by 2030.
The GCC will be inaugurated in November 2026 and will support L'Oréal’s digital transformation, AI, and analytics initiatives worldwide.
Nicolas Hieronimus, L'Oréal's CEO, and the state government of Telangana formalized the partnership at the World Economic Forum in Davos.
Telangana has emerged as a key investment and technology hub in southern India, with bilateral trade between India and France standing at $15 billion in 2024.
- Who
- L'Oréal, a French beauty care products company
- What
- Setting up the world’s first Global Capability Centre (GCC) in Hyderabad
- When
- Inauguration in November 2026
- Where
- Hyderabad, India
- Why
- To serve as a global hub for innovation, technology, data, and supply chains, supporting digital transformation, AI, and analytics initiatives worldwide
- Company
- L'Oréal
- Location
- Hyderabad, India
- Inauguration Date
- November 2026
- Purpose
- Global hub for innovation, technology, data, and supply chains
- Key Initiatives
- Digital transformation, AI, and analytics
- Announcement Location
- World Economic Forum, Davos, Switzerland
- Key Figures
- Chief Minister A Revanth Reddy, CEO Nicolas Hieronimus
- Investment Amount
- 35 billion rupees ($383.4 million)
- Jobs Created
- 2,000 tech jobs by 2030
Sources
L’Oréal to set up GCC in Hyderabad in November
L'oreal to invest ₹350 crore in Hyderabad, signs historic deal with Telangana government at Davos
L'oreal to invest RS 3500 crore in Hyderabad, signs historic deal with Telangana government at Davos
From Paris to Pearl City: L’Oréal to set up Beauty Tech Hub with ₹3,500 cr investment in Hyderabad
