pennews
www.pennews.net
Saint-Gobain inaugurates three world class facilities with over Rs 1,200 cr investment
Business

Saint-Gobain inaugurates three world class facilities with over Rs 1,200 cr investment

Agency News

New Delhi, Jan 28: Saint-Gobain, inaugurated three world class facilities to meet the growing demand of the glass markets -- both domestic and international-- on Monday.

Each of these facilities was dedicated to the nation by Tamil Nadu Chief Minister Thiru Edappadi K Palaniswami.

Set up with an investment of over Rs 1,200 crore, this takes the cumulative investment in the World Glass Complex, Sriperumbudur to more than Rs 3,000 crore.

'As one of the fastest growing economies in the world, India is an important market and investment destination for Saint-Gobain. As a global leader in the construction industry we see immense opportunities in India to utilise our expertise in sustainable building solutions to enhance human habitats and promote well-being in living spaces.

Over the past two decades we have consistently invested in developing new markets, in building new world-class manufacturing facilities, in technology and in human capital. We are an innovation driven company and our investment in Saint-Gobain Research India, our world-class Research Centre in Chennai, is aimed at developing innovative solutions not only for markets such as India, but also for the world,' said Mr Pierre-André de Chalendar, Chairman and Chief Executive Officer, Compagnie de Saint-Gobain, France said.

'We strongly believe in India’s future and have consistently invested ahead of time in Capacity, Capability, Technology and Innovation. The World Glass Complex at Sriperumbudur, Saint-Gobain’s largest investment in a single location worldwide is set to welcome the largest and most advanced glass manufacturing plant in India along with advanced magnetron coater and glass solutions line.

'This new expansion will accelerate Saint-Gobain’s momentum in realizing the Vision of being the Clear Choice for Glass Solutions in India and the adjoining region,' said Saint-Gobain India Private Limited Managing Director, B Santhanam. (UNI)