Saint-Gobain to Boost India Investments, Eyeing Export Hub Status by 2026
Business
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CNBC TV1821-01-2026, 00:02

Saint-Gobain to Boost India Investments, Eyeing Export Hub Status by 2026

  • Saint-Gobain plans to accelerate capital expenditure and acquisitions in India, positioning it as a strategic manufacturing and export hub.
  • The company has invested nearly €2 billion in India over three decades, operating 82 manufacturing plants, with business doubling every five years.
  • Acquisitions, like Fosroc (construction chemicals), are key to growth, focusing on sustainable construction and high-performance materials.
  • India's export contribution is projected to rise from 5% to 10-15% in five years, targeting Southeast Asia and Australia.
  • India is a top-five market globally for Saint-Gobain in profitability and number one for growth, driven by infrastructure and housing demand.

Why It Matters: Saint-Gobain will significantly increase investments in India, leveraging its growth and making it a global export base.

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