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News Saint-Gobain India planning US$215m capacity expansion spend in 2023

Saint-Gobain India planning US$215m capacity expansion spend in 2023

Written by Global Gypsum staff
12 December 2022
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India: Saint-Gobain India is planning to invest around US$215m towards capacity expansion plans in 2023. The building materials producer said in an interview with the Financial Express newspaper that it is part of a wider scheme to spend up to US$970m between 2022 and 2025. It aims to increase its annual revenue to US$3.7bn by 2030. The expenditure is separate from any plans for mergers and acquisitions. The company is expanding all its businesses in the country, including gypsum wallboard, glass, construction chemicals and ceramics.

Published in Global Gypsum News
Tagged under
  • India
  • SaintGobain India
  • SaintGobain
  • investment
  • GGM51

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