Expansion● Neutral for Indian equities
Saint-Gobain eyes more India acquisitions as CEO Sreedhar targets $4.3 billion business
The brief
- Saint-Gobain plans to invest ₹11,000 crore in India over five years
- It is targeting a $4.3 billion India business through construction chemicals, insulation and acquisitions
- Expansion and acquisitions may create opportunities for Indian construction-materials and chemicals suppliers