RITES

RITES Limited (earlier known as Rail India Technical and Economic Service) is an engineering consultancy company, specializing in the field of transport infrastructure. Established in 1974 by the Government of India, the company's initial charter was to provide consultancy services in rail transport management to operators in India and abroad. RITES has since diversified into planning and consulting services for other infrastructure, including airports, ports, highways and urban planning. On-shore WDS6 Diesel Loco Leasing service has been introduced. It was awarded the status of MINIRATNA in 2002.

RITES Limited
Public Sector Undertaking
Traded asNSE: RITES
BSE: 541556
IndustryInfrastructure
Founded1974
Headquarters
Gurgaon
,
India
Area served
Worldwide
Key people
ServicesConsulting
Revenue₹2,734.51 crore (US$380 million) (2020) [1]
₹881.27 crore (US$120 million) (2020)[1]
₹626.16 crore (US$88 million) (2020)[1]
Total assets₹5,902.64 crore (US$830 million) (2020)[1]
Total equity₹2,714.75 crore (US$380 million) (2020)[1]
OwnerGovernment of India (72.02%)
Number of employees
3236 (March 2020)
WebsiteRITES

It has executed projects in over 62 countries on every major continent. As of 2011, it was executing projects in over 55 countries.[2]

The company got listed on both the major stock exchanges in India on July, 2018.[3][4]

Railway Projects

Major railway companies and projects that have had projects with RITES as a consultant include:

gollark: Don't read too much into that.
gollark: EXPLAINING.
gollark: Yes, I am explaining why, hold on.
gollark: WRONG! Ish.
gollark: It's not even particularly SPUDNET-related.

References
  1. "Balance Sheet 31.03.2020".
  2. "Home Page". RITES, Limited. Retrieved 12 August 2011.
  3. "Rites IPO Review - Rites IPO Dates, Issue Price, Subscription and Allotment Status - The Economic Times". economictimes.indiatimes.com. Retrieved 4 January 2020.
  4. Reporter, S. I. (14 June 2019). "RITES gains 6% to Rs 295 on bonus issue plan announcement". Business Standard India. Retrieved 4 January 2020.
  5. "RITES: List of completed projects".
  6. "REVIVING JAMAICA'S DORMANT RAILWAY". Railways Africa. Retrieved 19 December 2010.
  7. IANS (11 June 2013). "Bihar nod to preparing DPR for Patna metro rail" – via Business Standard.
  8. "News18.com: CNN-News18 Breaking News India, Latest News, Current News Headlines". News18.
  9. Detailed project report – Mumbai metro line 3 – Colaba-Bandra-Seepz (533 pages) (PDF). Mumbai: Mumbai metro raiul corporation limited / RITES (GOI). 1 November 2011. Retrieved 27 August 2018.
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