L’Oréal announces its first global tech hub in Hyderabad at the World Economic Forum

L’Oréal today announced the launch of its first global Tech Hub located in Hyderabad, India. The announcement followed a high-level meeting at the World Economic Forum (WEF) 2026 between D. Sridhar Babu, Hon’ble Minister for IT, Electronics & Industries, Sanjay Kumar, Special Chief Secretary, Government of Telangana and Nicolas Hieronimus, CEO of L’Oréal.

This first-of-its-kind Beauty Tech hub will serve as a flagship for crafting the next generation of AI-powered beauty innovation and services. With an initial investment of over ₹3,500 Crores (€350 million) through 2030, the hub is set to become a global powerhouse, unleashing the potential of Data, AI, Generative AI, and Agentic AI, alongside emerging technologies. The hub will create 2,000 highly skilled advanced tech jobs including AI specialists, tech engineers, and data scientists, and will accelerate the delivery of state-of-the-art, AI-powered beauty solutions at scale.

The landmark partnership ...