Rail India Technical and Economic Service
 | |
| Formerly | Rail India Technical and Economic Service |
|---|---|
| Type | Public |
|
NSE: RITES BSE: 541556 |
|
| Industry | Infrastructure |
| Founded | 1974 |
| Headquarters |
, India
|
Area served |
Worldwide |
Key people |
|
| Services | Consulting |
| Revenue |
 ₹2,734.51 crore (US$340 million) (2020)
|
|
₹881.27 crore (US$110 million) (2020)
|
|
|
₹626.16 crore (US$78 million) (2020)
|
|
| Total assets |
₹5,902.64 crore (US$740 million) (2020)
|
| Total equity |
₹2,714.75 crore (US$340 million) (2020)
|
| Owner | Government of India (72.20%) |
Number of employees |
2800 (March 2022) |
| Website | RITES |
RITES Ltd, formerly known as Rail India Technical and Economic Service Limited a Navaratna, Central Public Sector Undertaking under the Ministry of Railways, incorporated on April 26, 1974 is a multidisciplinary engineering and consultancy organization, providing a comprehensive range of services from concept to commissioning in all facets of transport infrastructure and related technologies.
RITES is a leading player in the transport consultancy and engineering sector in India and uniquely placed in terms of diversification of services and geographical reach in various sectors such as railways, highways, urban engineering (metros) & sustainability, airports, ports, ropeways, institutional buildings, inland waterways, and renewable energy. The company is the only export arm of Indian Railways for providing rolling stock except Thailand, Malaysia, and Indonesia.
RITES business spans over 49 years covering more than 55 countries across Asia, Africa, Latin America, South America, and Middle East regions.
RITES became a listed company in July 2018, and it has made it to the Top-500 listed Indian companies based on its market capitalization.
Key Services
- Consultancy services which includes:-
- (1)Techno-Economic Viability
- (2)Project Management Consultancy
- (3)Detailed Project Reports
- (4)Construction Supervision
- (5)Design Engineering
- (6)Quality Assurance & Inspection Services
- (7)Transaction Advisory
- Export of rolling stock & spares
- Turnkey Construction Projects
- Locomotive Leasing Services
- Urban Infrastructure and Sustainability
Railway projects
Major railway companies and projects that have had projects with RITES as a consultant include:
- SNTF, Algeria, Consulting
- Luanda Railway (CFL), Angola, Feasibility study for rehabilitation
- Bangladesh Railway, Bangladesh, Consultation
- Belize Railways, Belize, Planning
- Belmopan Commuter Rail, Belize, Planning
- Botswana Railways, Botswana, Management Support and Consultation
- Cambodian Railways, Cambodia, Rehabilitation
- Red Atlantic Railway Network, Colombia, Equity partner, Technical and Managerial support
- Ghana Railway Corporation, Ghana, Consultation
- Iran Railways, Iran, Planning
- Iraqi Republic Railways, Operation and Maintenance of Baghdad – Al Qaim – Akashat Section.
- Railways of Jamaica
- Kenya Railways, Kenya, Locomotive operation, Restructuring, Planning
- Central East African Railways, Malawi, Management services.
- Beira Railroad Corporation (CFM Central), Mozambique, Rehabilitation and Management
- Nicaraguan Railways, Nicaragua, Planning
- Nigerian Railways, Nigeria, Complete management (3 years), Revitalization, Planning
- Philippine Railways, Philippines, Rehabilitation
- Sri Lanka Railways, Sri Lanka, Consulting and Management assistance
- Sudan Railways, Sudan, Consulting
- Tanzania Railway Corporation, Tanzania, General management
- Uzbek Railways, Uzbekistan, Expert based consultancy for Elastic Fasteners and Accounting System project
- Zambian Railways, Zambia, Improvement project
- National Railways of Zimbabwe, Zimbabwe, Investment plan
- Bangalore Metro Rail Corporation, As a lead partner to General Consultants.
- Bogibeel Bridge at Dibrugarh, as Design Consultants.
- Patna Metro, for preparing its DPR Detailed Project Report.
- Gorakhpur Metro, for preparing its DPR Detailed Project Report.
- Nagpur Metro, As a partner in the consortium of General Consultants.
- Ahmedabad Metro.
- National High Speed Rail Corporation Limited (NHSRCL).
- Mumbai Metro Line 3 (Colaba – Bandra – Seepz Metro)