Chennai, 21st August 2024: The Hon’ble Chief Minister of Tamil Nadu, Thiru. M. K. Stalin, today, laid the foundation stone for Saint-Gobain’s new site in Oragadam, Chennai. This site, poised to become the Saint-Gobain World Complex is spread over 122 acres and is the first phase of the MoU signed with the Government of Tamil Nadu committing an investment of INR 3,400 crores.
The Saint-Gobain World Complex will feature manufacturing facilities across different Saint-Gobain businesses: Glasswool, Gypsum Plasterboards, Plasters, Acoustic Ceilings, Float Glass, Solar Glass, Adhesives, Sealants, Mortars and will create more than 1,100 direct and indirect employment opportunities.
Mr. B. Santhanam, CEO, Asia Pacific and India region and Chairman, Saint-Gobain India said,
“India’s rapid urbanization opens significant opportunities for light and sustainable solutions in the housing, construction, and infrastructure sectors. The Saint-Gobain World Complex will focus on producing innovative solutions that blend sustainability with high performance. We are glad to partner with Tamil Nadu in setting up this one-of-a-kind Saint-Gobain World Complex. Our current commitment of INR 3,400 crores in Tamil Nadu will increase our total investment in the state to over INR 8,000 crores, representing more than 50% of our overall investment in India.”
The Saint-Gobain World Complex will progressively house multiple manufacturing lines starting with the Insulation line, followed by the Gypsum Plasterboards in the next 6 months, bringing two new businesses of Saint-Gobain to Tamil Nadu.
About Saint-Gobain
Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group’s commitment is guided by its purpose, “MAKING THE WORLD A BETTER HOME”.
€47.9 billion in sales in 2023
160,000 employees, locations in 76 countries
Committed to achieving net zero carbon emissions by 2050
For more information about Saint-Gobain India, visit www.saint-gobain.co.in
Source: www.saint-gobain.co.in
