French multinational personal care corporation L’Oral is expected to inaugurate its Global Capability Centre (GCC) in November this year, official sources said on Wednesday.
The beauty tech company will be investing Rs 3500 crore ( 350 million Euros) by 2030 and will create 2,000 highly skilled advanced tech jobs, including AI specialists, tech engineers, and data scientists and will accelerate the delivery of state-of-the-art, AI-powered beauty solutions at scale, an official release said.
The decision was announced by Nicolas Hieronimus, Chief Executive Officer, L’Oral, on the sidelines of the World Economic Forum being held at Davos, Switzerland, it said.
The L’Oreal facility would be the world’s first GCC in the beauty-tech niche in Telangana. The facility is expected to create jobs for 2000 beauty tech engineers, a government official said.
“This first-of-its-kind Beauty Tech hub will serve as a flagship for crafting the next generation of AI-powered beauty innovation and …French multinational personal care corporation L’Oral is expected to inaugurate its Global Capability Centre (GCC) in November this year, official sources said on Wednesday.
The beauty tech company will be investing Rs 3500 crore ( 350 million Euros) by 2030 and will create 2,000 highly skilled advanced tech jobs, including AI specialists, tech engineers, and data scientists and will accelerate the delivery of state-of-the-art, AI-powered beauty solutions at scale, an official release said.
The decision was announced by Nicolas Hieronimus, Chief Executive Officer, L’Oral, on the sidelines of the World Economic Forum being held at Davos, Switzerland, it said.
The L’Oreal facility would be the world’s first GCC in the beauty-tech niche in Telangana. The facility is expected to create jobs for 2000 beauty tech engineers, a government official said.
“This first-of-its-kind Beauty Tech hub will serve as a flagship for crafting the next generation of AI-powered beauty innovation and … Latest News [ SOBAN NEWS: International and National ]
