Gurgaon’s Rites is aggressively pursuing global export and consultancy tenders

Recovering from drying up of orders and change in market conditions, Gurgaon-based Rites is looking to bid aggressively for global export and consultancy tenders and adopt a volume-driven approach, said Chairman and Managing Director (CMD) Rahul Mithal.

Rites is a public sector railway consultancy (PSU) under the aegis of the Ministry of Railways.

“We started the year with two huge challenges: the export order book, where no new orders had been placed, and the opening up of Indian Railways’ quality assurance to four players. We bid aggressively and received two export orders through global tenders

First print: May 30, 2024 | 12:55 pm IST