L'Oréal announces 35 billion rupee investment for global AI beauty tech hub in Hyderabad
L'Oréal will invest over 35 billion rupees in a new AI-driven beauty tech hub in Hyderabad. The facility aims to create 2,000 jobs by 2030 for global innovation.
Insights:
L'Oréal S.A. has officially announced the establishment of a beauty tech hub in Hyderabad, India 
IN, with an initial investment exceeding 35 billion rupees, which is approximately $383.4 million. This new facility is designed to serve as a global base for AI-driven beauty innovation, positioning the region as a central pillar in the company's worldwide technological strategy and future development.
IN, with an initial investment exceeding 35 billion rupees, which is approximately $383.4 million. This new facility is designed to serve as a global base for AI-driven beauty innovation, positioning the region as a central pillar in the company's worldwide technological strategy and future development.The formal partnership was announced at the World Economic Forum in Davos by Nicolas Hieronimus nicolas hieronimus, the CEO of L'Oréal S.A., and the Telangana state government. This agreement highlights the growing prominence of Telangana, which has rapidly emerged as a key investment and technology hub in southern India, attracting major multinational corporations to its expanding digital ecosystem.
