L'Oréal to Launch World's First Beauty-Tech GCC in Hyderabad This November

• L'Oréal announced the establishment of the world's first Beauty-Tech Global Capability Center (GCC) in Hyderabad, set to open in November.
• The decision was made during a meeting between CM Revanth Reddy and L'Oréal CEO Nicolas Hieronimus at the World Economic Forum in Davos.
• Hyderabad will become a global hub for L'Oréal's innovation, technology, data, and supply chain, with the GCC providing tech solutions in Digital Transformation, AI, and Analytics worldwide.
• CM Revanth Reddy and Minister Duddilla Sridhar Babu have been invited to the GCC inauguration, with the Telangana government assuring full support.
• L'Oréal also expressed readiness to explore future manufacturing investments in Telangana, recognizing the state's infrastructure and industrial ecosystem.

Why It Matters: L'Oréal is establishing its pioneering Beauty-Tech GCC in Hyderabad, boosting the city's global tech and innovation profile.