RITES Limited is an Indian public sector undertaking which operates under the Ministry of Railways, Government of India. Incorporated in April 1974, it is designated as a Navratna 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]
History
RITES was established in 1974 to provide consultancy services to the Indian 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 the Bombay Stock Exchange and the National 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.