What are Rites?
RITES, short for Rail India Technical and Economic Service, is called RITES Ltd. It is a completely owned subsidiary of the Government of India's Ministry of Railways and Indian Railways. It is an engineering consulting company with a focus on transportation infrastructure.
History of Rites
The Indian Railways founded the organization in 1974 with the initial mission of offering operators in India and overseas consulting services in rail transport management. Since then, RITES has expanded into providing planning and consulting services for various types of infrastructure, such as motorways, ports, airports, and urban planning.
A service for on-shore WDS6 Diesel Loco Leasing has been launched. In 2002, it received the rank of MINI RATNA. On every major continent, it has carried out projects in more than 62 nations. It was carrying out projects in more than 55 nations as of 2011. In July 2018, the business was listed on both of India's major stock exchanges.
Founders and Inception of Rites
Incorporated as a Miniratna (Category I) under the auspices of Indian Railways like the Government of India Enterprise, RITES is a fully owned government corporation.
Chairperson and Directors
Rajeev Mehrotra serves as the organization's chairman and managing director.
Railway Projects Under Rites
The following significant railroad organizations and initiatives have worked with RITES as a consultant:
- SNTF, Algeria; Consulting
- Luanda Railway (CFL), Angola; Rehabilitation feasibility study
- The Bangladesh Railway, Consultation
- Belmopan Commuter Rail, Belize,
- Planning Belize Railways, Belize, Planning
- The country of Botswana, Management Assistance and Advice
- Cambodian Railways, Cambodia's Rehabilitation
- Colombia's Red Atlantic Railway Network equity co-owner, managerial and technical assistance
- The Ghana Railway Corporation Consultation
- Baghdad - Al Qaim - Akashat Section Operation and Maintenance, Iran Railways, Iran, Planning, Iraqi Republic Railways.
- Railway Trains in Jamaica
- The Kenya Railways, Operation of locomotives, Restructuring, and Planning
- Management services, Central East African Railways, Malawi.
- Mozambique's Beira Railroad Corporation (CFM Central), Treatment and Management
- Planning for Nicaraguan Railways, Nicaragua, and Nigerian Railways, 3 years of full management, revitalization, and planning
- Philippines, Rehabilitation, Philippine Railways
- Expert-based consulting for the Elastic Fasteners and Accounting System project for Uzbek Railways in Uzbekistan
- Project for Zambian Railways' Improvement
- The National Railways of Zimbabwe, Plan of investment
- Bangalore As the principal partner of General Consultants, Metro Rail Corporation
- Dibrugarh's Bogibeel Bridge, as Design Consultants.
- For creating its DPR (Detailed Project Report), Patna Metro.
- For creating its DPR (Detailed Project Report), Gorakhpur Metro.
- As a member of the group of general consultants, Nagpur Metro
- Mumbai Metro.
Areas of Operation and Customer Segment
RITES Limited offers design, engineering, and consultancy services in the transportation infrastructure sector with an emphasis on
- Railways, urban transport, ports, inland waterways, roads and highways, airports, and ropeways. These services are provided to various customer segments in the airports, ports, highways, and conveyance sectors.
- Leasing, export, upkeep, and repair of rolling stock and locomotives;
- Undertaking turnkey projects for institutional, residential, and commercial building construction, both with and without equity participation, for the railway line, track doubling, third line, railway electrification, upgrade services for railway transport systems and railway stations and workshops;
- Through our partnerships, we can manufacture wagons, generate renewable energy, and acquire power for the Indian Railways through joint ventures, subsidiaries, or consortium agreements.
In Africa, South East Asia, the Middle East, and Latin America, it has clients in 55 different nations. Its clients mostly include National Governments and other Apex Organizations in international markets. They include the Central Government, Public Sector Undertakings, State Governments, Private Enterprises, Corporations, and Industrial Establishments in India.
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