L'Oréal Picks Hyderabad for First Global Tech Hub, Plans Rs 3,500 Crore Investment

• French beauty giant L'Oréal is establishing its first global technology hub in Hyderabad, India, focusing on digital and AI capabilities.
• The new hub, announced after discussions at WEF 2026 in Davos, signifies India's central role in L'Oréal's global tech strategy.
• L'Oréal commits over Rs 3,500 crore investment through 2030, aiming to create 2,000 technology jobs in AI, engineering, and data.
• The Hyderabad facility will develop digital platforms and AI-driven solutions, including generative AI, for L'Oréal's worldwide operations.
• This initiative is a key milestone under the 2026 India-France Year of Innovation, leveraging India's advanced tech talent.

Why It Matters: L'Oréal's first global tech hub in Hyderabad marks a significant Rs 3,500 crore investment, creating 2,000 jobs.