The centre would come up in the second tower of IIT Madras Research Park for which the construction is expected to begin next year.
Float glass manufacturer Saint Gobain has proposed to set up its seventh global research and development centre in India with an investment of Rs 30 crore over the next two-three years. In this connection, the company has entered into an agreement with Indian Institute of Technology Madras.
The French company currently has six R&D centres across the globe and has over 400 patented products. According to Ramamurthi, the centre would come up in the second tower of IIT Madras Research Park for which the construction is expected to begin next year.
Saint Gobain Country-Head Anand Mahajan said, "The Research and Development Centre is being established to support innovation and product development. We will be investing about Rs 25-Rs 30 crore over the next two to three years in R&D activities."
Talking to reporters, after exchanging the documents with the IIT- Chennai Research Park- Chairman Bhaskar Ramamurthi for the Centre to come up on a 120,000 sq ft land he said, We are very proud to start our new centre. This collaboration will help us in global processes."