Building, Finishing work, DIY

India’s growth picture is as clear as glass for Saint Gobain

Purva Marwaha - 15-févr.-2018 11:23:20

Saint Gobain, the French maker of plasterboard and glass, is betting big on the Indian market and is aiming to triple revenues in the next ten years to ₹20,000 crore, its chairman said. “India is one of the fastest growing countries for Saint Gobain. India is the number one country for us — even more than China,” Pierre-Andre De Chalendar , chairman of the Saint-Gobain Group, told ET in an interview recently. About €130 million, or 10% of Saint Gobain’s investment capex, find their way into India that contributes only 2% of its sales. The share of India in total manufacturing is around 4%, he added. The last three years have seen the French company plough back all the profits it made in India to grow its business here. Chalendar is encouraged by the proactive reforms undertaken by the Indian government. “There has been a progressive reduction in bureaucracy. The tax reforms of last summer have been good. So, I am positive about the economic climate in India. It’s improving and I am confident that it will continue to improve.” Saint Gobain was set up in France in 1665, and made glass for the French King Louis XIV. It is present in India through three entities. “…at the moment in terms of growth capex, India is the number one country for us, even more than China,” Chalendar said.   Recommended By Colombia The company has grown by 19% since 1996 when it started operations in India through its listed company Grindwell Norton BSE 0.78 % (GNO). Over the years, capital expenditure for growth in the country has been the highest in all the countries that it has businesses in, amounting to around $100 million in the last few years. “Most of our investments in India have been funded by our existing company in India. It is a sign of the strength of our Indian business. So, we plough back all our profits in India. We haven’t sent money out of India for the last few years now. The cash that we generate, we invest back,” Chalendar added. In India, its biggest investment is in the glass business. It is the market leader in making glass for buildings, automotive windshields etc, and value-added glass like coated glass. The other business is gypsum plasterboard which is in the materials space and abrasives, refractories, high-performance plastics etc. “It is a sign of the strength of our Indian business,” Anand Mahajan, chairman of Saint Gobain Group in India, told ET in the same interview. Mahajan has been steering the group since its inception in India and leads a wholly Indian team in a French company, a fact that Chalendar takes pride in while talking about the glassmaker’s key successes in India. What gives Chalendar the confidence to bet on India is the rising demand that the company is seeing from its glassmaking segment. It makes flat glass that is used as windshields in automobiles and in buildings, where demand for green alternatives is pushing the sales up for its coated glass.        Source:  Economic Times,  http://bit.ly/2o1vtoj


FRENCH ARCHITECTS EYE INDIAN SMART CITIES

Thomas ILHE - 07-mai-2015 13:50:26

  A delegation of world renowned French architects will come to India from May 20 th to 25 th to visit a series of cities including Delhi and surrounding areas (Noida, Gurgaon), Chandigarh and Navi Mumbai. As part of their visit, the delegation will meet potential partners: local authorities and decision makers, experts in urban development, investors and real estate developers. The architects will also present their expertise during the “ The French approach to the Sustainable City ” seminar, which will be held at Pragati Maidan in Delhi, on 21 st May, as part of Smart Cities India 2015 .    In June 30th 2014 in Delhi, Mr. Laurent Fabius, the French Minister for Foreign Affairs and International Development announced that France will be proposing one billion euros over the next three years (2014-2016) for sustainable infrastructure and urban development in India through AFD. This has been confirmed during the visit to France of the honourable Prime Minister of India, Mr. Narendra Modi, early April.     Furthermore, during this official visit, the two countries launched a range of cooperation initiatives to promote and preserve the unique heritage of the two countries including an arrangement for training of Indian heritage professionals related to museums, exchange of best practices, training and deployment of experts in the area of underwater archaeology, inclusion of heritage preservation as an area of cooperation within the ambit of the JWG on Urban Development, an arrangement for twinning of historical monuments and sites and finally, arrangements for cooperation between architecture schools for training, joint research and exchange of students and faculty.     In this context of mutual alliance and assistance, the biggest French architecture offices, supported by Business France – the French National Agency for the Internationalisation of the French economy – and AFEX – the French Architects Association for Export – will elaborate on their most important projects executed in India until now. Some of these offices have entered the Indian market. Their visit in late May aims at showcasing their expertise to Indian decision-makers, to meet the needs of infrastructure, which can cater to the growth of urban population in India (estimated to reach 590 M by 2030). For more information:     Vanessa PRETEUX Head of mission - Business France Paris Tél. : +33 1 40 73 36 41 vanessa.preteux@businessfrance.fr   Brinder RAULT Trade Advisor – Business France Delhi Tél. : +911 43 196 324 brinder.rault@businessfrance.fr   Press contact:   Thomas ILHE Trade Officer – Business France Delhi Tél. : +911 143 196 303 thomas.ilhe@businessfrance.fr           List of French architects delegation - Thursday 21 ST May 2015 at Pragati Maidan, Delhi :   Seminar “The French Approach to the Sustainable City”   Name of the Architecture Firm Internet Site   Subject URBAN DESIGN ATELIERS 2/3/4 www.a234.fr The Issue of Density in the Sustainable City ENIA ARCHITECTECS www.enia.fr City on the Move GREEN ARCHITECTURE   TERRENEUVE ARCHITECTES www.terreneuve.fr Sustainable development in a plural city SAMYN & PARTNERS http://samynandpartners.be/fr Architecture and Engineering for Joyful and Economical Buildings latelier. architectes www.latelierarchitectes.eu Architecture in tropical environment, a bioclimatic approach LANDSCAPE   FLORENCE MERCIER www.fmpaysage.fr The Perspective of Landscape in Urban Planning phytolab www.phytolab.fr Man in the City, City in the Nature  


GUPSOS at India Stonemart 2013

Nathalie OSTERNAUD - 13-févr.-2013 08:17:37

  The French company GUPSOS exhibited at the 7 th International Stone Industry Exhibition, INDIA STONEMART 2013 which took place from the 31 st January to 3 rd February 2013 in Jaipur . T his exhibition welcomed around 50 000 visitors from all over the world. GUPSOS which is an engineering company specializing in the study, design and manufacture of industrial equipment for units of plaster, was very pleased to meet the major players of the plaster industry in India. The objective of the company was to study the Indian plaster industry to see the potential for their equipment in India. The company had 8 good quality B2B meetings with renowned plaster producers in India which allowed it to achieve its main objective.   To meet French suppliers, please contact kruttika.dadhe@ubifrance.fr  


FRENCH BUILDING INDUSTRY TAKING UP QUARTERS AT BIG FIVE

India - 12-oct.-2012 13:58:00

France will be making a good showing in the aisles at the BIG 5. Brought together in the national pavilion organised by UBIFRANCE – the French Agency for International Business Development –, thirty companies will unveil their latest innovations at the building industry’s star event opening in Dubai next November 5th. There are currently a slew of large-scale projects happening in the Emirates. Qatar is in the midst of a boom on account of the World Cup that the country will be hosting in 2022. This makes for a host of exciting perspectives for French building industry companies looking to develop business in the Gulf countries . As the tenth-ranking exporter worldwide, France makes two-thirds of its foreign sales in the European Union, while the Middle East only accounts for 2% of the sector’s export turnover. Yet the French building industry has substantial experience in many fields . Having set long-term environmental and energy-savings objectives for the country, the Grenelle Roundtable on the Environment has given a shot in the arm to innovation, which together with quality and design, make up the strong points in France’s offer. There will be major groups and specialised firms, representing the various trades in the building industry: architecture and interior design services, façade and roofing products, plumbing fixtures, tooling, protective and safety equipment, composite materials, miscellaneous hardware and fittings… the list is a long one! The solutions on offer tend to favour environmental protection and energy savings, without in any way overlooking quality or longevity, as well as paying careful attention to adapting to local constraints. The companies’ are also demonstrating a long-term approach. Over fifty of them will be taking part in the Region’s three main events, namely the BIG FIVE SHOW and MIDDLE EAST CONCRETE in DUBAI (November 5th to 8th), and SAUDI BUILD in RIYADH (November 11th to 14th). Expect many first-time participants this year in the UBIFRANCE pavilion, as over time, the older ones strike partnerships and get permanently established on the market.   For further information : UBIFRANCE Mr Jean-François LEBORGNE Tel. : + 33 4 96 17 25 46 jean-francois.leborgne@ubifrance.fr www.ubifrance.fr UBIFRANCE Mrs Brinder RAULT Tel.: + 91 11 43 19 63 00 brinder.rault@ubifrance.fr www.ubifrance.fr / www.ubifrance.com/ind  


About
  Lifestyle, Consumer Goods and Healthcare The Consumer Goods and Healthcare Department assistsFrench companies in their international development strategy and promotes trade between France and India. In order to maximize commercial opportunities between French and Indian companies, the Department organises French Pavilions at a number of key exhibitions in India, as well as offering other B2B networking events and individual partnering services. The Department provides expertise in : • Fashion and Accessories • Home Furnishing and Interior Design • Cosmetics, OTC and Natural products • Healthcare Equipment and Biotechnology Head of Department  : Ms. Brinder RAULT brinder.rault@businessfrance.fr

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