Saint-Gobain India investing Rs 3,400 crore in TN
B Santhanam, CEO of the Asia Pacific and India region, as well as Chairman of Saint-Gobain India, stated, "We are dedicating Rs 3,400 crore to diverse business segments, including glass wool, gypsum plasterboard, plaster, acoustic ceiling, float glass, solar glass, adhesives, sealants, mortars, and ceramics, as part of our upcoming expansion phase in Tamil Nadu."
The announcement came following a meeting between the Saint-Gobain Global Board, led by Chairman Pierre-Andre de Chalendar and CEO Benoit Bazin, and Tamil Nadu Chief Minister M K Stalin, along with state government officials.
This substantial investment by Saint-Gobain India is expected to foster economic growth and development in Tamil Nadu, while further solidifying the company's presence in the region.