+
Saint-Gobain India Sees 10% Growth, Invests In Expansion
ECONOMY & POLICY

Saint-Gobain India Sees 10% Growth, Invests In Expansion

An increase in demand in the Indian market would lead to a 10% growth in volume and mix, according to Saint-Gobain India, a subsidiary of a French glassmaker. Santhanam, the CEO of the Asia Pacific and India region, highlighted excellent growth in industries like construction, building, and industrial solutions. Approximately Rs 13,200 crore in yearly revenue is anticipated for the year, with a predicted 8–10% increase from FY23 to FY24.

Within the global Saint-Gobain company, India is the third most lucrative nation. With a planned 4–5-year cycle investment of around Rs 8,000 crore, mostly in capital expenditures, concentrate on investments in capacity expansion. Investments are financed by internal accruals; the business is debt-free and well-funded for expansion.

An increase in demand in the Indian market would lead to a 10% growth in volume and mix, according to Saint-Gobain India, a subsidiary of a French glassmaker. Santhanam, the CEO of the Asia Pacific and India region, highlighted excellent growth in industries like construction, building, and industrial solutions. Approximately Rs 13,200 crore in yearly revenue is anticipated for the year, with a predicted 8–10% increase from FY23 to FY24. Within the global Saint-Gobain company, India is the third most lucrative nation. With a planned 4–5-year cycle investment of around Rs 8,000 crore, mostly in capital expenditures, concentrate on investments in capacity expansion. Investments are financed by internal accruals; the business is debt-free and well-funded for expansion.

Next Story
Infrastructure Urban

REC honoured with ‘Best Design Thinking Award’ at DNA Awards 2025

REC, a Maharatna NBFC under the Ministry of Power, has received the ‘Best Design Thinking Award’ at the 5th Distinguished NBFC Awards (DNA Awards) hosted by Banking Frontiers.The award acknowledges REC’s digital initiatives in Retail Bonds, highlighting the company’s efforts to leverage technology and design thinking to improve customer experience and service delivery.Jitendra Srivastava, CMD, REC, congratulated the finance team for their commitment and contribution towards driving innovation. Harsh Baweja, Director (Finance), along with senior officials, joined in celebrating the reco..

Next Story
Infrastructure Urban

How India’s Logistics Sector Becoming Smarter, Faster, and Fairer

India’s logistics system, once criticized for being slow and fragmented, is now showing signs of a genuine turnaround. Policy reforms, new infrastructure, and rapid adoption of technology are changing the way goods move across the country. Officials argue the impact will be felt not just in lower costs, but in faster operations and more equitable opportunities for small businesses.Smarter: Digital Innovation Taking HoldThe biggest shift has been digital. Artificial Intelligence (AI), Machine Learning (ML), IoT and block chain are no longer buzzwords, they are now being used on the ground. Fl..

Next Story
Infrastructure Urban

Hindustan Zinc Charts Multi-metal Future as Cornerstone of 2x Growth Strategy

Hindustan Zinc, a Vedanta Group company and the world’s largest integrated zinc producer, has announced a bold transformation agenda – Hindustan Zinc 2.0 – to evolve from a zinc-and-silver leader into a diversified, multi-metal enterprise powering India’s future growth.Addressing shareholders at the company’s 59th Annual General Meeting, Chairperson Priya Agarwal Hebbar said, “Hindustan Zinc is moving beyond its zinc and silver legacy to become a multi-metal, future-ready enterprise. As demand for critical minerals grows across clean energy, digital infrastructure, and national sec..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?