French construction major Saint-Gobain will make a series of greenfield and brownfield investments in Tamil Nadu with an outlay of investing Rs 3,400 crore. This would be spread across the company’s different businesses and takes its total investment in the state to over Rs 8,000 crore.
Saint-Gobain’s top executives met Tamil Nadu CM MK Stalin and other state officials alongside the company’s first global board meeting in Chennai.
The businesses include gypsum plasterboard, acoustic ceiling, float glass, solar glass, and others. Besides its manufacturing facility in Sriperumbudur, Chennai, the company also has a research facility, Saint-Gobain Research India (SGR India), located within the IIT Madras Research Park.
The company, which is well poised to provide building material solutions focused on performance and sustainability, has 168,000 employees across its locations in 75 countries.