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L'oreal to invest ₹350 crore in Hyderabad, signs historic deal with Telangana government at Davos

L'Oreal will launch the world's first beauty-tech Global Capability Centre in Hyderabad to drive global innovation, AI, and supply-chain solutions by November 2026.

  • On January 21, 2026, L'Oreal announced it will open the world's first beauty‑tech Global Capability Centre in Hyderabad in November 2026 after talks with the Telangana Rising delegation at the World Economic Forum, Davos.
  • Telangana Chief Minister A. Revanth Reddy's delegation met L'Oreal CEO Nicolas Hieronimus at Davos, securing his assurance and invitations for the centre's inauguration with support from D. Sridhar Babu, Industries & IT Minister, Telangana.
  • The GCC will act as L'Oreal's global innovation, technology, data and supply‑chain hub, supplying AI, analytics, and tech solutions to its offices and factories worldwide.
  • It positions Hyderabad as a growing GCC centre by expanding beyond med-tech to beauty-tech, joining recent investments by Vanguard, Netflix, and Marriott in Telangana.
  • Special Chief Secretary Sanjay Kumar invited L'Oreal to explore manufacturing in Hyderabad beyond the GCC, and Nicolas Hieronimus responded positively, with the Telangana government offering full support.
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The Star Kuala Lumpur broke the news in Malaysia on Wednesday, January 21, 2026.
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