[India] Saint-Gobain Glass India Plans World'S Largest Float Facility

Saint-Gobain Glass India has confirmed plans to set up a float glass line in India at a total investment of Rs 1000 Crore ($21.3M), according to the company's MD, B. Santhanam. At a recent press conference Mr Santhanam said the company was planning to build a 950/tpd facility near Delhi. This would be its second plant in India. Production is expected to start by the end of 2011. It is reported that Saint-Gobain India is the market leader in architectural glass with an 80% market share in India. The company is said to be looking for investment opportunities in the growing solar control and solar power glass segment.