Saint-Gobain bags minority stake in home interior firm Livspace

16 Nov 2021 CW Team

French multinational company Saint-Gobain has acquired a minority stake in Livspace, a home interiors company.

B Santhanam, CEO of Asia-Pacific of Saint-Gobain told the media that This partnership benefits both companies by allowing them to scale up faster and reach a wider audience. Livspace provides a complementary route to market by promoting Saint-Gobain-branded solutions.

In terms of customer behaviour, technology platform, services, and supply chain, we will derive significant synergies and learnings.

Livspace, which was founded in 2015, serves approximately 20,000 homes in India each year. The company recently announced plans to invest $50 million in expanding its business across 80 markets, including 60 new market entries in India and 20 cities across the Asia Pacific.

Livspace said that over the next 18 months, it also plans to open 150 Design Experience Centres (ECs). The company hopes to capture demand for modular solutions in markets such as Indore, Surat, Lucknow, and Mysore, among others, with this phase of expansion.

Over 1,000 new design entrepreneurs will be onboarded by the company across the country.

In India, Saint-Gobain India Private Limited - Glass Business formerly Saint-Gobain Glass India Limited manufactures and markets solar control glass, fire-resistant glass, and other types of float glass. Its manufacturing facility is located in Sriperumbudur, about 40 km from Chennai.

The float-line business of Sezal Glass, based in Gujarat, India, was acquired by Saint Gobain Glass India in June 2011. The deal was worth around $150 million and adds about 550 tonnes per day to the company's capacity.

Image Source

Also read: Home renovation platform Livspace plans $50 mn biz expansion

Infrastructure Urban

29 Oct 2025

Designing Tomorrow: Amaravati’s Net Zero Landmark

Amaravati has achieved a defining landmark in India’s sustainable infrastructure journey with the inauguration of the APCRDA Project Office, the nation’s first government building to earn the IGBC Net Zero Energy Rating – Design Stage. Conceptualised by the Andhra Pradesh Capital Region Development Authority (APCRDA) and certified by the Indian Green Building Council (IGBC), the project exemplifies how governance, design and innovation can converge to deliver measurable environmental impact.A vision rooted in sustainabilitySet within a 4.3-acre site along the Seed Access Road in the Amar..

Pidilite Elevates Construction with PPS

Pidilite Industries introduced Pidilite Professional Solutions (PPS) — a dedicated vertical for the construction and interiors ecosystem — at ACETECH Bengaluru 2025. Designed to empower architects, developers, contractors, and interior specialists, PPS delivers comprehensive support that extends far beyond products to ensure project excellence from concept to completion. Kavinder Singh, Joint Managing Director, Pidilite Industries, noted, “At Pidilite, we believe in enabling the construction fraternity to build boldly and sustainably. With Pidilite Professional Solutions (PPS),..

Punjab, Centre Fast-Track Rajpura-Mohali Rail Line Development

The central government has fast-tracked the construction of the Rajpura-Mohali rail line to enhance connectivity in Punjab. This ambitious infrastructure project, aimed at improving transportation links between Rajpura and Mohali, has been identified as a key step in fostering regional economic growth. Union Minister for Railways, Ashwini Vaishnaw, announced the project’s acceleration during a recent assessment of the area. The rail line is expected to play a significant role in reducing travel time, promoting industrial growth, and boosting logistics efficiency in the region. The project,..