Saint-Gobain to Double India Business, Eyes 100 Plants with Acquisitions & Investment

• French construction materials giant Saint-Gobain plans significant expansion in India through acquisitions and capital investments.
• Global CEO Benoit Bazin highlighted India's huge growth potential due to its population and urbanization, aiming to double the current 2 billion euros annual business every five years.
• The company currently operates 82 plants in India, with plans to exceed 100 soon, utilizing a combination of organic and inorganic growth strategies.
• India serves as a key hub for Saint-Gobain's R&D and IT, with over 400 researchers in Chennai and 2,000 IT developers contributing to global innovation.
• Saint-Gobain exports Indian talent globally and uses India as an export base for Southeast Asia, the Middle East, and Australia, anticipating continued 10% volume growth.

Why It Matters: Saint-Gobain is aggressively expanding its India operations, leveraging local talent and manufacturing for global growth.