Overview
- The company plans to invest more than ₹3,500 crore (about €350 million) in the Hyderabad centre through 2030.
- About 2,000 advanced-tech roles are expected, including AI specialists, engineers and data scientists.
- The centre will build solutions using data, generative AI and agentic AI for deployment across L’Oréal’s global network.
- The announcement came at the World Economic Forum in Davos following meetings between CEO Nicolas Hieronimus and Telangana’s ‘Telangana Rising’ delegation.
- Telangana invited L’Oréal to explore local manufacturing, and Hieronimus expressed interest, though no manufacturing commitment has been made.