Saint Gobain unit to be ready by March

Saint Gobain Glass India has been investing about Rs 500 crore in expanding its float glass- making facility at Sriperumbudur.

The company had been building an automotive glass making facility over 60 acres of land at its Sriperumbudur plant, which was expected to be completed before March 2005, Sreeram Srinivasan, Team Leader (operations), SGGI, told PTI.

The automotive glass facility was being set up with an investment of Rs 200 crore, he said.

The Indian subsidiary of the French multinational company is also creating another float glass line on an area of 120 acres with an investment of Rs 350 crore, which is expected to be ready by June 2004.

The company had invested Rs 525 crore in creating the state-of-art float glass manufacturing plant at Sriperumbudur, around 50 km from Chennai.

It started commercial production in July 2000. The plant's capacity is 650 tonnes float glasses per day.

After expansion, the Sriperumbudur plant would represent Saint-Gobain's largest investment at a single location, Srinivasan said.

600450 Saint Gobain unit to be ready by March
Date: 15 October 2004

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