Companies

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

January 21, 2026

L'Oreal has announced a significant investment of ₹350 crore to establish a beauty tech hub in Hyderabad, aiming to serve as a global center for AI-driven beauty innovation. The deal was formalized at the World Economic Forum in Davos, where L'Oreal's CEO highlighted the creation of 2,000 tech jobs by 2030, further solidifying Telangana's status as a growing technology and investment hub.

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

Credit: Livemint

Key Highlights

L'Oreal will invest ₹350 crore to set up a beauty tech hub in Hyderabad.
The hub is expected to create 2,000 tech jobs by 2030.
The agreement was signed during the World Economic Forum in Davos.
The hub will focus on AI-driven beauty innovation and support digital transformation.
Telangana is emerging as a key investment and technology center in southern India.

Hyderabad

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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

Key Highlights

Sources

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