The "Dhoom 3" star says it's an "incredible privilege to join this league of ladies" and feels honoured.
"It's been a brand that I have always admired for its glamour and powerful message of ‘Because you're worth it'. The stunning women that represent the brand across the globe are strong motivators," Katrina Kaif said in a statement.
Global ambassador for L'Oreal Paris Aishwarya Rai Bachchan, who has been a part of the brand for 12 years, said: "I would like to extend a warm welcome to Katrina to the L'Oreal Paris family. I am sure she will enjoy representing team India as brand ambassador and I wish her the very best."