Saint-Gobain eyes Rs 10,000 crore revenue from India

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Press Trust of India Mumbai
Last Updated : Feb 17 2015 | 7:20 PM IST
Riding high on the India growth story, building materials manufacturer Saint-Gobain targets over Rs 10,000 crore in revenues from the country by 2019.
"India has been an important market and investment destination for Saint-Gobain and, going forward, will be even more so. We see a strong and profitable growth of all our businesses here. We expect to more than double our business in India and to exceed sales of Rs 10,000 crore by 2019," Saint-Gobain General Delegate for India, Sri Lanka and Bangladesh, Anand Mahajan told reporters here today.
Currently, the company has 20 manufacturing sites and about 4,900 employees in India. In 2014, Saint-Gobain registered sales of about Rs 4,800 crore, he said.
"We believe that we can play an important role in shaping the future by designing, manufacturing and distributing building and high-performance materials, which provide innovative solutions to meet the challenges of growth, energy efficiency and environmental protection," Mahajan said.
The company is celebrating its 350th anniversary this year and aims to strengthen its commitment by becoming the reference for sustainable habitat in India and doubling the business in the country in the next few years, he said.
Mahajan further said the company will focus on inventing products, solutions and systems for the buildings of the future.
"We will be reducing the environmental impact of our industrial processes and supply chain and will contribute to the development of skills and techniques for modern, efficient construction, manufacturing and logistics," he said, adding the company has recently made investments in new facilities to serve global markets and this trend will continue.
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First Published: Feb 17 2015 | 7:20 PM IST

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