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Saint Gobain opens 3 facilities with investment of Rs 1200 cr.

Saint-Gobain, today, inaugurated three world class facilities to meet the growing demand of the glass markets – both domestic and international.  Set up with an investment of over INR 1200 Crs, this takes the cumulative investment in the World Glass Complex, Sriperumbudur to more than Rs 3000 crore.

“As one of the fastest growing economies in the world, India is an important market and investment destination for Saint-Gobain. As a global leader in the construction industry we see immense opportunities in India to utilize our expertise in sustainable building solutions to enhance human habitats and promote well-being in living spaces. Over the past two decades we have consistently invested in developing new markets, in building new world-class manufacturing facilities, in technology and in human capital. We are an innovation driven company and our investment in Saint-Gobain Research India, our world-class Research Centre in Chennai, is aimed at developing innovative solutions not only for markets such as India, but also for the world. And India has consistently encouraged and supported us – our products are well accepted; our businesses have leadership positions; the Brand recall of Saint-Gobain in India is as good as that in France. Indeed, we are as much an Indian Company as we are French.” said Mr Pierre-André de CHALENDAR, Chairman and Chief Executive Officer, Compagnie de Saint-Gobain, France.

“India is amongst the best performing regions for Saint-Gobain and it has been our constant endeavor to develop the markets in India by bringing the best technologies and building world-class manufacturing facilities, in line with the Government’s ‘Make in India” mission. Over the years, we have made significant investments across all our businesses – Glass for buildings and for automotive, Gypsum Plasterboard and Plasters, Abrasives, Ceramic Materials, Performance Plastics and so on. Since our entry into India in 1996, we have invested about Rs.7500 crores. Today, we have built a pan-India manufacturing presence and have developed strong market positions in all our businesses.  About 95 % of our local sales are of products manufactured at our plants in India.” said Mr. Anand Y Mahajan, Chairman, Saint-Gobain India Private Limited.

“We strongly believe in India’s future and have consistently invested ahead of time in Capacity, Capability, Technology and Innovation. The World Glass Complex at Sriperumbudur, Saint-Gobain’s largest investment in a single location worldwide is set to welcome the largest and most advanced glass manufacturing plant in India along with advanced magnetron coater and glass solutions line. This new expansion will accelerate Saint-Gobain’s momentum in realizing the Vision of being the Clear Choice for Glass Solutions in India and the adjoining region.” said Mr. B Santhanam, Managing Director, Saint-Gobain India Private Limited.

 

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