Saint-Gobain to invest Rs 2,500 crore in home, construction biz

In the next two years, Saint-Gobain India, a subsidiary of the Saint-Gobain group worldwide, plans to invest more than Rs 2,500 crore in the home and building market in India.

The company said it expects to generate up to Rs 1,000 crore in revenue from the housing solutions industry in the next 3 to 5 years, when it launched its MyHome brand of home solutions.

By the end of 2021, the business plans to open over 50 MyHome stores around the country in tier I, tier II, and tier III cities.

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