L'Oréal Establishes Beauty-Tech Hub In Hyderabad

L'Oréal announced on 21 January plans to invest over Rs 3,500 crore ($383 million) to establish a beauty-technology hub in Hyderabad, scheduled to open in November. The facility will be the world's first Global Capability Centre dedicated to beauty-tech, centralizing innovation, data analytics, AI and supply chain operations to support L'Oréal's global digital transformation, and could prompt local hiring and manufacturing investment.