Saint Gobain recently announced its investment of  USD 400 million in the state of Tamil Nadu. On October 6th, the Saint Gobain Global board represented by Chairman Mr. Pierre-Andre de Chalender and CEO Mr. Benoit Bazoin, met Chief Minister M K Stalin. Currently, Saint Gobain is committed to a series of greenfield and brownfield investments in several manufacturing sectors in the state. Furthermore, the Group is planning to infuse about USD 961 million in the next 4-5 years.

B Santhanam, CEO of Asia Pacific and India region and Chairman of Saint Gobain India said “We are investing INR 3400 Crores across different businesses: Glasswool, Gypsum, Plasterboard, Plaster, Acoustic Ceiling, Float Glass, Solar Glass, Adhesives, Sealants, Mortars and Ceramics in our next phase of expansion in Tamil Nadu. As pioneers in Light and Sustainable Construction, we are well-poised to provide building material solutions that combine performance, aesthetics, and sustainability.”

About Saint-Gobain

Saint Gobain is a French multinational corporation, founded in 1655. The company mainly focuses on designs, manufactures, and distributes materials and services for the construction and industrial markets. Currently, the company has a presence in over 75 countries. In addition, they employ around 168,000 people.