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Home > Finance > L'oreal to invest $383 million in Indian beauty tech hub

L'oreal to invest $383 million in Indian beauty tech hub

Published by Global Banking and Finance Review

Posted on January 21, 2026

2 min read

Last updated: January 21, 2026

L'oreal to invest $383 million in Indian beauty tech hub - Finance news and analysis from Global Banking & Finance Review

Tags:investment technology financial services

Quick Summary

L'Oreal is investing $383 million to set up a tech hub in Hyderabad, India, aiming to boost the local economy and enhance its tech capabilities.

L'oreal Announces $383 Million Investment in Hyderabad Beauty Tech Hub

L'oreal's Investment in Hyderabad

Jan 21 (Reuters) - French cosmetics giant L'oreal said on Wednesday it will set up a beauty tech hub in the south Indian city of Hyderabad with an initial investment of over 35 billion rupees ($383.4 million).

Partnership with Telangana Government

The hub aims to be a global base for AI‑driven beauty innovation, create 2,000 tech jobs through 2030, and speed up the rollout of advanced AI beauty solutions, the company said in a statement.

Impact on Local Economy

Nicolas Hieronimus, L'oreal's CEO, and the state government of Telangana formalized the partnership at the World Economic Forum, Davos.

Bilateral Trade Relations

Telangana has rapidly emerged as a key investment and technology hub in southern India.

Bilateral trade between India and France stood at $15 billion in 2024, and Indian Prime Minister Narendra Modi and French President Emmanuel Macron have been forging warmer ties.

The two sides have also been working to recast their tax treaty since 2024 to modernize it by adapting global standards on tax transparency, Reuters reported in December.

($1 = 91.2860 Indian rupees)

(Reporting by Urvi Dugar and Haripriya Suresh in Bengaluru; Editing by Nivedita Bhattacharjee and Mrigank Dhaniwala)

Key Takeaways

•L'Oreal to invest $383 million in Hyderabad.
•The investment aims to establish a tech hub.
•Hyderabad chosen for its strategic location.
•Investment expected to boost local economy.
•L'Oreal's move highlights India's tech potential.

Frequently Asked Questions about L'oreal to invest $383 million in Indian beauty tech hub

1What is investment?

Investment refers to the allocation of resources, usually money, in order to generate income or profit. It can involve purchasing assets such as stocks, bonds, or real estate.

2What is a tech hub?

A tech hub is a geographical area that fosters technology innovation and entrepreneurship. It typically includes a concentration of tech companies, startups, and support services.

3What is the local economy?

The local economy refers to the economic activities and financial transactions that occur within a specific community or region. It encompasses businesses, jobs, and services that support local residents.

4What is a financial service?

Financial services are economic services provided by the finance industry, including banking, investment, insurance, and real estate services that facilitate transactions and support economic growth.

5What is a currency exchange rate?

A currency exchange rate is the value of one currency in relation to another. It determines how much of one currency you can exchange for another and is influenced by various economic factors.

L'oreal's Investment in Hyderabad

Partnership with Telangana Government

The hub aims to be a global base for AI‑driven beauty innovation, create 2,000 tech jobs through 2030, and speed up the rollout of advanced AI beauty solutions, the company said in a statement.

Impact on Local Economy

Nicolas Hieronimus, L'oreal's CEO, and the state government of Telangana formalized the partnership at the World Economic Forum, Davos.

Bilateral Trade Relations

Telangana has rapidly emerged as a key investment and technology hub in southern India.

Bilateral trade between India and France stood at $15 billion in 2024, and Indian Prime Minister Narendra Modi and French President Emmanuel Macron have been forging warmer ties.

The two sides have also been working to recast their tax treaty since 2024 to modernize it by adapting global standards on tax transparency, Reuters reported in December.

($1 = 91.2860 Indian rupees)

(Reporting by Urvi Dugar and Haripriya Suresh in Bengaluru; Editing by Nivedita Bhattacharjee and Mrigank Dhaniwala)

Frequently Asked Questions

1What is investment?

Investment refers to the allocation of resources, usually money, in order to generate income or profit. It can involve purchasing assets such as stocks, bonds, or real estate.

2What is a tech hub?

A tech hub is a geographical area that fosters technology innovation and entrepreneurship. It typically includes a concentration of tech companies, startups, and support services.

3What is the local economy?

4What is a financial service?

Financial services are economic services provided by the finance industry, including banking, investment, insurance, and real estate services that facilitate transactions and support economic growth.

5What is a currency exchange rate?

A currency exchange rate is the value of one currency in relation to another. It determines how much of one currency you can exchange for another and is influenced by various economic factors.