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Saint-Gobain Signs MOU for Significant Investment in Tamil Nadu

February 05, 2024
Last updated on March 01, 2024

Chennai, 8th January 2024: Saint-Gobain India represented by Mr. B. Santhanam, CEO - Asia Pacific and India Region & Chairman signed a Memorandum of Understanding with the Tamil Nadu Government in the presence of Hon’ble 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 INR 8000 Crores. This collaboration underscores Saint-Gobain's dedication to furthering economic development in the state.

The Hon’ble 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 Hon’ble 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’

Mr. B. Santhanam, CEO, Asia Pacific and India Region and Chairman, Saint-Gobain India said, “We are investing INR 3400 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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