Saint Gobain to Invest 720 Cr in Tamil Nadu

French glass manufacturing company Saint Gobain began its new float glass manufacturing unit on 28th January 2019, which has come up at the cost of Rs 1,200 crore at its current plant at Sriperumbudur.

French glass manufacturing company Saint Gobain began its new float glass manufacturing unit on 28th January 2019, which has come up at the cost of Rs 1,200 crore at its current plant at Sriperumbudur.

Chief Minister Edappadi K Palaniswami inaugurated the facility. The new buildings are the third manufacturing unit at its existing plant at Sriperumbudur. The new assembly has been created to meet the growing need of both national and global glass markets.

The new plant is an automatic, energy-efficient, scalable and state-of-the-art combined facility. The modern plant has been provided with advanced robotic technology, and it has a 3.5-MW rooftop solar power generation facility.

“I am happy to see the growth of the company. It has been continuously advancing in the state, and during the newly concluded Global Investors Meet also, it proclaimed to invest another Rs 720 crore,” said Palaniswami. The brand-new unit will help in creating at least 400 jobs.   

Along with the brand-new unit, an advanced magnetron coater and glass solutions line and a 72-million-litre-capacity rainwater collection reservoir facility were also presented by the Chief Minister at the plant site.

The magnetron coater facility can produce 140 million sq ft of high-performance and energy-efficient glass catering business across  Africa, West Asia, ASEAN, Oceania region.

“This new development will accelerate Saint Gobain’s momentum in realising the vision of being the clear alternative for glass solutions in India and adjoining region. Furthermore, the Sriperumbudur plant will become a regional hub for providing to the needs of international clients,” said B Santhanam, managing director of Saint Gobain India Private Limited.

“As one of the fastest growing economies in the world, India is an important market and investment destination for Saint Gobain,” said Pierre-Andre de Chalendar, Chairman and Chief Executive Officer, Compagnie de Saint-Gobain, France.

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