Saint-Gobain to invest Rs. 3,400 crore across different businesses in Tamil Nadu
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Saint-Gobain to invest Rs. 3,400 crore across different businesses in Tamil Nadu

The company is investing in glasswool, gypsum, plasterboard, plaster, acoustic ceiling etc,

  • By ICN Bureau | January 10, 2024

Saint-Gobain India represented by B. Santhanam, CEO, Asia Pacific and India Region and Chairman, Saint-Gobain India signed a Memorandum of Understanding with the Tamil Nadu Government in the presence of Chief Minister M. K. Stalin, senior ministers, and officials of the Government of Tamil Nadu during the Global Investors Meet, 2024.

The MoU entails a series of green and brownfield investments in several manufacturing sectors in Tamil Nadu, taking Saint-Gobain India’s total investment in the state to over Rs. 8,000 crores. This collaboration underscores Saint-Gobain's dedication to furthering economic development in the state.

The Chief Minister appreciated Saint-Gobain’s contribution over the past two and a half decades in the economic and industrial progress of the state. The Chief Minister urged Saint-Gobain to continue to play an important part in fulfilling his vision to make Tamil Nadu a ‘One Trillion Dollar Economy’.

Santhanam said, "We are investing Rs. 3,400 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 trailblazers in Light & Sustainable Construction, we are well poised to provide building material solutions that combine performance, aesthetics, and sustainability.”

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