A day after Singur Divas, two possibilities have made their way into Bengal’s industry kitty

VOLVO LAND

Calcutta, Sept. 15: Mamata Banerjee today announced the government had given 25 acres to Volvo in Burdwan’s Panagarh industrial park for an assembling unit.

“Volvo had sought land. We have provided them 25 acres in the Panagarh industrial park,” the chief minister said at Nabanna today.

Swedish giant Volvo, which has a bus-manufacturing unit and a construction equipment and truck-producing factory in Bangalore, had been in talks with the Bengal transport department to set up an assembling unit. 

“The company is looking to tap the market in the east and the Northeast, besides catering to Bangladesh and Nepal,” a transport department official said. “The company plans to assemble parts for its buses (in Bengal).”

“Volvo will submit a detailed project report,” the official added.  

GERMAN SLEEPERS

Siliguri, Sept. 15: A rail equipment-making company in Germany that is owned by a businessman in Bengal will send a team to the state soon to scout for options to set up a unit to make sleepers.

PCM Rail.One AG, owned by the Siliguri-based PCM Group of Industries, has footprints in a number of countries, including the US.

Kamal Kumar Mittal, the chairman of the supervisory board of PCM Rail.One, said that after the chief minister’s visit to Germany “Jochen Riepl, the CEO of PCM Rail.One AG, announced that it would set up an industrial unit in Bengal to make composite railway sleepers”.

Mittal said around Rs 250 crore would be invested in the project.