Rites Ltd. (RITES)

Overview

RITES Limited, along with its subsidiaries, operates in a multifaceted capacity providing a wide array of consultancy, engineering, and project management services. Focused primarily within domains such as railways, highways, airports, ports, ropeways, urban transport, inland waterways, and renewable energy, RITES caters to a diverse clientele. The company's operations are broad, segmented into consultancy services, leasing of railway rolling stock and equipment, exports of rolling stock along with spares and comprehensive turnkey construction projects. Known for its robust involvement in infrastructural development, RITES has established a significant presence not just in India, but also in various parts of Asia and Africa. Established in the year 1974 and headquartered in Gurugram, India, the firm has consistently played a pivotal role in shaping infrastructural development across its operational domains.

Products and Services

• Consultancy Services: Involves survey and feasibility studies, detailed design and engineering, project management consultancy, technical audits, third-party inspection, and quality assurance. These services extend across several infrastructure sectors, ensuring projects are designed and executed to meet global standards.
• Leasing of Railway Rolling Stock & Equipments: Offers leasing solutions for locomotives and rolling stock, supporting clients with operational efficiency and flexibility without the need for significant capital investment. Additionally, the segment covers maintenance and operational facilities, including smart yards and maintenance depots.
• Export of Rolling Stock, Equipments and Spares: Facilitates the global reach of Indian railway engineering and manufacturing capabilities, exporting a range of rolling stock, equipment, and spares to international markets, enhancing India’s position in the global rolling stock market.
• Turnkey Construction Projects: Specializes in executing comprehensive construction projects ranging from railway workshops, track doubling/tripling/quadruplicating, new/additional railway lines, railway electrification, and redevelopment of railway stations to institutional buildings, and renewable energy projects. This includes both wind and solar energy plants, emphasizing RITES’ commitment to sustainable development.
• Civil Construction: Engages in a broad spectrum of civil construction works, ensuring infrastructure is not just functional but sustainable. This includes constructions of railway tunnels, urban engineering projects, electrical engineering works, and more, delivered with a focus on innovation and excellence.
• Additional Services: Delivers expertise in areas such as road/railway tunnels engineering, urban engineering, electrical engineering, information technology, privatization and concession projects, railway electrification, rolling stock design, railway equipment, signaling & telecommunications, surveys, and training programs. These services support the broader mission of developing infrastructural solutions that are efficient, sustainable, and forward-looking.