Saint-Gobain India

Saint-Gobain India announced a capex of ₹6,000-8,000 crore from 2021 to 2025 for greenfield and brownfield expansions, and signed an MoU in March 2024 to invest ₹3,400 crore in Tamil Nadu over five years, aiming to triple revenue to ₹36,000 crore by 2032.

Saint-Gobain India is investing Rs 3,400 crore in Tamil Nadu across multiple businesses including glass wool, gypsum plasterboard, float glass, solar glass, and adhesives. This is part of a Rs 8,000 crore commitment for the state over 4-5 years.

Saint-Gobain India announced it will invest Rs 8,000 crore (approximately $970 million) over 4-5 years to fund capital expenditure and acquisitions, with over 90% focused on capex for capacity expansion. The company is financing through internal accruals.

Saint-Gobain India is expanding its float glass capacity at Bhiwadi, Rajasthan, with a new unit expected to be commissioned around March 2023, bringing total capacity to nearly 5,000 tonnes per day.

Saint-Gobain India acquired a minority stake in Livspace and is investing part of its ₹2500 crore commitment in brownfield and greenfield expansions, focusing on green solutions and digital platforms.

The Andhra Pradesh government extended the financial incentives window for Saint-Gobain India's new gypsum wallboard plant at Atchutapuram, Visakhapatnam, until June 2022. The project involves a US$268m investment and will employ 450 locals.

Saint-Gobain India plans to sign an investment deal with the Tamil Nadu government during the Global Investors' Meet 2019, expanding operations across its plants in the state. The investment will focus on new lines of business and advanced products for export.