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

Business
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CNBC TV18•21-01-2026, 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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