Saint-Gobain to invest Rs 10 bn in Rajasthan

CHENNAI: The Indian arm of French float-glass manufacturer Saint-Gobain is setting up a 300,000 tonne plant at Bhiwadi in Rajasthan with an investment of Rs.10 billion ($250 million), top company officials said.

The new plant will take the company's capacity to 750,000 tonnes per annum, as its Rs.15 billion unit at Sriperumbudur near here has a capacity of 450,000, Saint-Gobain India managing director B. Santhanam told a press conference here.

"The investment in the first phase of the new unit will be Rs.10 billion," said Santhanam, who is also president of the group's float glass division for South Asia.

Click on the link bellow to read the entire article.

600450 Saint-Gobain to invest Rs 10 bn in Rajasthan

See more news about:

Others also read

A bright future is ahead for glass, thanks to a serious focus on innovation, the environment, and sustainability, the industry’s annual prestige awards ceremony at the Millennium Gallery in Sheffield heard. (Thurs 22 November).
Let’s re-live the event highlights together.
Saint-Gobain has approved the most important operation planned in Europe, which will be carried out over the next two years.
The façade of the RAL building in Bonn unmistakeably showcases the identity of the client and user of the building.
Glassolutions’ Installation business has relaunched as Facades & Glazing Solutions UK Ltd (FGS) following its sale to private investment firm CoBe Capital.
SUPERCONTRYX - a lead glass should be an extremely important element of your medical facility’s X-ray protection strategy as it attenuates the effect of radiations significantly.

Add new comment