Saint-Gobain Signs MoU for ₹8000 cr Investment in Tamil Nadu

Saint-Gobain India, represented by Mr. B. Santhanam, CEO - Asia Pacific and India Region & Chairman, has signed a Memorandum of Understanding (MoU) with the Tamil Nadu Government during the Global Investors Meet, 2024. The MoU outlines a substantial series of green and brownfield investments across various manufacturing sectors in Tamil Nadu, bringing Saint-Gobain India’s total investment in the state to over INR 8000 Crores. This commitment reflects Saint-Gobain's dedication to contributing to the economic development of the state.

The Hon’ble Chief Minister M K Stalin, along with senior ministers and officials of the Government of Tamil Nadu, witnessed the signing of the MoU. The Chief Minister acknowledged Saint-Gobain’s significant contribution to the state's economic and industrial progress over the past two and a half decades. He urged Saint-Gobain to continue playing a pivotal role in realizing his vision of making Tamil Nadu a ‘One Trillion Dollar Economy.’

B. Santhanam, CEO, Asia Pacific and India Region, and Chairman, Saint-Gobain India, shared details of the investment, stating, “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.”