Suyog Gurbaxani Funicular Ropeways Limited (SGFRL), established in 2010, specializes in the design, construction, and operation of funicular ropeway systems in India, particularly for steep terrains. Operating under a Build, Operate, and Transfer (BOT) model, SGFRL focuses on Public-Private Partnerships (PPP) to enhance connectivity in hilly regions. Their flagship project, the Saptashrungi Funicular Ropeway at Nashik, includes comprehensive facilities such as a shopping complex, hotel accommodations, and extensive parking.
SGFRL is notable for its pioneering role in India's ropeway sector, offering services that include infrastructure development, construction, and hospitality. The company's commitment to safety and innovation is supported by international accreditation, ensuring advanced braking systems and emergency mechanisms. SGFRL's operations are bolstered by a robust workforce and subcontractor partnerships. In November 2021, SGFRL launched an IPO, raising Rs. 29.49 Crore, highlighting its growth and market presence.
