Wednesday, 4 February 2015

Ghanshyam Sarda Actively Promotes Monorail Project

A monorail project of major scale is coming up in the city of Kolkata. With the initiative of the chief minister of West Bengal, the state is looking forward to a variety of measures related to industrialization. The current chief minister wants new industries in the state which can enhance its image to the outside world.  Recently, a business summit of grand scale was held in the city of Singapore where industrial leaders from different parts of the world participated.

This was a global business summit and several important decisions regarding investment in the state of West Bengal was taken here. Ghansyham Sarda is one of the renowned names from the industrial circle of the state and the multi-crore Sarda group participated in the event. Scomi Engineering, one of the most important companies with a foothold on the global monorail business also participated in the event. It stood out as one of the most important meetings for the two groups.

Some of the most important members from the Ghanshyam Sarda Kolkata group participated in the event.  In the business discussion which was held at the summit, the members talked about the various ways to take the project forward. The total estimated investment for the project stands at 2,500 crores and both the groups agreed on the same. A memorandum of understanding with the government of West Bengal was also signed in this particular regard.


Scomi Engineering is one of the market leaders in the periphery of global monorail business. It has already successfully completed projects in some of the most important cities like Mumbai, Kualalampur and Sao Paulo. The Rajarhat Newtown area of Kolkata has been identified as the best possible venue for the project.  Over the years, this area has undergone rapid urbanization and the monorail project will improve it further. 

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