French multinational Saint-Gobain will invest an additional EUR 1 billion in India over the next five years, Chairman and Chief Executive Officer Benoit Bazin said on Thursday, describing India as the company’s fastest-growing market globally.

Speaking after meeting Prime Minister Narendra Modi in Paris, Bazin said India occupies a key place in Saint-Gobain’s global strategy and underlined the company’s commitment to expanding its presence in the country through investments in manufacturing, research and development, and information technology.

Très heureux d’avoir échangé avec M. Benoit Bazin de Saint-Gobain. L’Inde connaît une transformation sans précédent de ses infrastructures et de son développement urbain. Nous avons discuté des manières de développer la présence de Saint-Gobain en Inde et de développer des… pic.twitter.com/6cK1KfjWhj

— Narendra Modi (@narendramodi) June 18, 2026

Saint-Gobain Announces Fresh Investment Commitment

Bazin said he was honoured to brief Prime Minister Modi on the company’s growth in India and its plans for the future.

“I feel very honoured, and I could highlight to the Prime Minister the importance of Saint-Gobain in India, where we have tripled our sales in the last 10 years. We have been there for three decades. It’s the fastest-growing country around the world, and we are committed to investing another 1 billion euros just in the next five years,” he told ANI.

He said India has become one of the most important markets for Saint-Gobain and reaffirmed the company’s long-term commitment to the country.

“India is a very important country to Saint-Gobain, and I could highlight all the strengths of our presence and how committed we are in India,” Bazin said.

Company Expanding Manufacturing and Export Operations

According to Bazin, Saint-Gobain currently operates 82 plants across India and continues to strengthen its presence through investments in manufacturing, research and development and information technology.

He said the company’s Indian operations are increasingly emerging as an export base serving overseas markets.

“I am extremely honoured to meet with Prime Minister Modi and to highlight all the investment and the successes of Saint-Gobain in India for the last three decades and more to come because I could tell him that we have committed one billion euros of further investment for the next five years,” he said.

“We already have 82 plants in India investing in research and development, on IT, on manufacturing and more importantly, not only manufacturing for India but more and more to export in the Gulf countries, in South East Asia, and in Australia,” he added.

Sustainability and Innovation Discussed With PM Modi

Bazin described his meeting with Prime Minister Modi as “fantastic, insightful, inspiring” and said the discussions covered sustainability, circular economy initiatives and opportunities for greater collaboration in research and innovation.

“It was a fantastic, insightful, inspiring meeting with Prime Minister Modi, and I can share with him all my confidence about the fantastic teams that we have running our operations in India. A lot of commitment on all sides, moving also on the circular economy, which is important for India, and moving on the sustainability agenda, we shared views on how we can bring it to the next level in India, also on what we can do for more R&D, more innovation, and new products,” Bazin said.

He added that the interaction reflected the growing momentum in economic and industrial cooperation between India and Europe.

“A lot of powerful energy and ideas for the success going forward, and also to tighten and reflect on this great EU-India industrial trade partnership,” he said.

Three Decades of Presence in India

Founded in 1665, Saint-Gobain is among the world’s oldest companies and specialises in advanced materials and solutions for construction, mobility and industrial markets.

Headquartered in Courbevoie, France, the company has maintained operations in India for more than three decades and has steadily expanded its footprint across the country.

The latest investment commitment comes amid strengthening economic ties between India and Europe and follows growing interest among global companies in expanding their presence in the Indian market.

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