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Saint-Gobain India charts more than Rs 2,500 cr investment plan

Thursday, 18 Nov 2021
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Saint-Gobain India, a leading manufacturer of glass and building material, will invest more than Rs 2,500 crore in India in the home and construction space in the next two years while introducing innovative home solutions range under the brand ‘MyHome’.

The company will be opening 50-plus MyHome stores by the end of 2021 across Tier-I, Tier-II and Tier-III cities to provide a touch-and-feel experience. It has set a target of generating up to Rs 1,000 crore revenue from the home solutions business in the next three to five years.

The company has already opened stores in Kochi, Mumbai and Chennai. Saint-Gobain will be investing more than Rs 2,500 crore in India between FY22-23 in the home and construction space.

As part of the MyHome launch, Saint-Gobain has unveiled its uPVC windows collection, followed by the shower cubicles manufactured with European design and engineering at the company’s Rs 100 crore highly automated & digitalised factory.

These solutions are fully customised – the consumers can choose from a combination of different product types, sizes, glazing and accessories to align with aesthetics of their homes.

The shower cubicles range, consisting of glass and hardware along with doorstep measurement and installation, are available in 500-plus design options to suit a bathroom of any size and shape.
 
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