L’Oréal to invest $383 million in Indian beauty tech hub

The logo of French cosmetics Groupe L'Oreal is seen on the L'Oreal group's headquarters building in Clichy, near Paris, France, April 14, 2025. REUTERS/Stephanie Lecocq

(Corrects spelling of ‌L’Oréal in headline and text)

Jan 21 (Reuters) - French ‌cosmetics giant L’Oréal 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).