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L’Oréal, the world’s largest cosmetics maker, is setting up one of its largest Global Capability Centres (GCCs) in Hyderabad, according to reports. The new centre will focus on driving global technology, innovation and research for the French group.

According to reports the centre will be separate from L’Oréal’s existing India research facilities in Mumbai and Bengaluru. The company has started scouting for senior leadership, including personnel from its Paris headquarters.

This development is part of L’Oréal’s growing focus on India, where it already runs several research hubs. In July, the company appointed Jacques Lebel as India country manager, reflecting the country’s increasing importance within the group.

GCCs are offshore hubs that handle critical functions such as technology, analytics, operations, and R&D for multinational companies. India has emerged as a top destination for GCCs due to its large pool of engineering and digital talent, cost advantages, and ability to scale teams rapidly.

Hyderabad has been a popular location for GCCs in India, attracting companies from various industries. The city offers a skilled workforce and a favourable business environment, making it an attractive destination for multinational companies.

L’Oréal’s decision to establish a GCC in Hyderabad underscores the city’s growing importance as a hub for technology and innovation. The company expects India to become one of its top 10 markets in the next few years, with annual revenue of ₹1 billion.

The development is also a testament to India’s growing prominence in the global business landscape, with many multinational companies setting up GCCs in the country to take advantage of its talent pool and favourable business environment.