L'Oreal to Invest ₹3,500 Crore in First Global Tech Hub in Hyderabad

• L'Oréal announced its first global Tech Hub in Hyderabad, focusing on AI, data, and advanced digital technologies.
• The company plans to invest over ₹3,500 crore (€350 million) by 2030, creating approximately 2,000 high-skilled jobs.
• The hub will serve as a global center for developing AI-powered beauty technologies, including data science, generative AI, and agent-based AI systems.
• This initiative is part of the 2026 India–France Year of Innovation, strengthening technology collaboration between the two countries.
• Telangana Chief Minister Revanth Reddy welcomed the investment, aligning it with the state's vision to become a global AI and digital hub.

Why It Matters: L'Oréal establishes its first global Tech Hub in Hyderabad with a significant investment, boosting AI and job creation.