Saint-Gobain Glass has committed INR 5BN worth of investments to its Indian operations over the next 3-4 years for capital expenditure projects. The investments are destined for the float glass facility in Tamil Nadu, which will increase auto glass production to fulfil strong demand. Anand Mahajan, country head, said the company is also looking out for acquisitions in the domestic market to increase its market share. The company has 4 group companies operating in India, though there are no plans to integrate these business units. "All these units have different business models and products and world over Saint-Gobain manages different business as separate strategic units," Mr Mahajan said. He added that the French parent company is keen to introduce new products on the Indian market and is evaluating opportunities on the building materials market.
