RITES Limited is an Indian public sector undertaking which operates under theMinistry of Railways,Government of India. Incorporated in April 1974, it is designated as aNavratna[vague] Central Public Sector Enterprise (CPSE). The company provides consultancy, engineering, and project delivery services in the field including railways, highways, metros, tunnels, bridges, urban development, buildings, airports, ports, ropeways, inland waterways, multimodal logistics parks and green mobility.[2]
RITES was established in 1974 to provide consultancy services to theIndian Railways, including feasibility studies, project planning, and infrastructure development. Over the years, its scope expanded to cover other transport sectors and overseas markets.[3] The company has undertaken more than 5,000 projects in India and over 55 countries across Asia, Africa, and Latin America. In 2018, RITES became a publicly traded company listed on theBombay Stock Exchange and theNational Stock Exchange of India.[4] The company has also been involved in the planning and design of high-speed rail networks, dedicated freight corridors, and urban metro systems.[5]
RITES' engineering design activities include theengineering consultancy, feasibility studies, design and planning, environmental assessments, and project management services across multiple sectors. It also prepares detailed project reports, environmental and social impact assessments, and undertakes geotechnical investigations and surveys.[6]
The company undertakes project management through advisory services for project appraisal,procurement assistance, project management consultancy, third‑party inspections and authority engineer roles.[7]
It is engaged in the export of rolling stock such aslocomotives,coaches, wagons and other railway equipment, providing commissioning, warranty and spare parts support, incidental services etc.[8]
RITES operates a fleet of over 90 locomotives provided to non-railway clients, including but not limited to ports, cement plants, coal plants, power plants, container deports, project sites etc. RITES also manages operations and maintenance (O&M) services of rail assets at more than 30 sites across India.[9]
In turnkey construction, the company executes Engineering, Procurement and Construction contracts coveringrailway electrification, stations, bridges, tunnels, depots and related facilities.[10]
RITES has worked on railway modernisation and transport infrastructure in Sri Lanka,[22] Bangladesh, Mozambique, Mauritius, and other countries in Africa and Latin America.[23]
RITES’ is involved in the export operations to international markets across Asia, Africa, and Latin America. It has supplied more than 175 locomotives and 900 coaches over the years and has undertaken projects involving the export of rolling stock to various African and South Asian countries fromSri Lanka,Angola,Bangladesh,Myanmar toMozambique, aCape Gauge country.[24]
₹2,539 crore (US$300 million) (2023-24)
