About Rites Ltd
Operating from its headquarters in Gurgaon, Haryana, RITES Ltd has cultivated extensive expertise across multiple transport infrastructure domains. The company’s comprehensive service portfolio encompasses transport infrastructure consultancy and railway inspection services. They also manage airport construction projects and provide specialised industrial services.
The company’s registered office is located at Scope Minar, Laxmi Nagar, Delhi. Meanwhile, the registrar’s office is situated at Beetal House Near Dada Harsukhdas Mandir. A team of managerial promoters oversees the company’s diverse operations. They include
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Rahul Mithal
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Arun Kumar Singh
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Laxman Tammanna Tapashi
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Likha Togu
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Sandeep Jain
Being government-promoted, RITES Ltd maintains substantial promoter shareholding through the Government of India. This means the President owns about 72.20% stake, reinforcing its position as a trusted public sector enterprise.
What distinguishes RITES Ltd is its versatile approach to transport infrastructure development. Their services play a crucial role in enhancing transport systems domestically and internationally. It is not necessarily the market leader in terms of capitalization or market share. However, the company has established itself as a reliable provider of comprehensive transport infrastructure solutions.
The organisation’s expertise spans various facets of the engineering and consultancy sector. Their experience positions them well to deliver high-quality solutions across their project portfolio. As a result, RITES Ltd continues to contribute to transport infrastructure development in India and beyond.
How RITES is Revolutionising Indian Railway Infrastructure
RITES Limited is a transportation infrastructure consulting company. It is playing a pivotal role in revolutionising Indian railway infrastructure. As a Navratna and Schedule ‘A’ Central Public Sector Enterprise under the Ministry of Railways, the firm has been instrumental in shaping the transport landscape in India. With a rich legacy, RITES Ltd has undertaken projects in over 55 countries, showcasing its expertise in various sectors. This includes railways, highways, metros, tunnels, bridges and green mobility.One of the key areas where RITES is making a significant impact is the development of metro projects. The company recently signed a Memorandum of Understanding (MoU) with the Delhi Metro Rail Corporation (DMRC). It is to collaborate on metro projects in India and abroad. This partnership aimed to leverage the strengths of both organisations. As a result, it allowed the company to manage and maintain metro systems. It also helped it provide world-class urban transit solutions. RITES and DMRC seek to tap into growing opportunities in the metro sector by pooling resources and expertise.
RITES is also expanding its international presence in the railway sector. The company recently secured a major international contract for the supply, commissioning, and one-year onsite warranty of an overhauled in-service Cape Gauge 3100 HP diesel-electric locomotive. This contract was awarded by Tsiko Africa Logistics (Pty) Limited. It demonstrates RITES' expertise in railway engineering and logistics. As a result, RITES is expanding its global footprint. The company is also contributing to the development of railway infrastructure in other countries.
RITES is actively involved in various railway infrastructure projects in India. The company is working on high-speed passenger corridors and railway electrification. It is also working on the production units and workshop modernization. These projects are aimed at enhancing the efficiency, safety, and sustainability of the Indian railway.
RITES is focusing on sustainability and green mobility. The company is offering integrated solutions for sustainable infrastructure. This includes the development of low-carbon transportation systems. The firm is adopting innovative systems and technologies. As a result, it is contributing to the transition towards a greener and more sustainable future. This commitment to sustainability is evident in its projects. For instance, the leasing of locomotives to Adani Port for the transportation of raw materials and the export of ‘Make in India’ 3000 HP Cape Gauge AC-AC locomotives to Mozambique.
RITES’ approach to innovation and transformation is driving its success in the railway sector. The company is continuously innovating and adopting new systems to meet the evolving needs of the industry. This has ensured the timely execution of projects and fostered cooperation and collaboration. As a result, RITES is delivering high-quality solutions and services. The company’s market capitalization and recognition as a Navratna enterprise are testaments to its high-quality solutions and services.
Overall, RITES is revolutionising Indian railway infrastructure through its expertise in metro projects and various railway infrastructure projects. The company is committed to sustainability, innovation, and execution. This is driving its success and contributing to the development of a more efficient and sustainable railway network in India. With its strategic partnerships and global presence, RITES is well-positioned to continue making a major impact on the transport landscape in India and beyond.
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