Rail India Technical and Economic Service Limited, abbreviated as RITES Ltd, is under the ownership of Indian Railways, Ministry of Railways, Government of India and an engineering consultancy corporation, specializing in the field of transport infrastructure. Established in 1974 by the Indian Railways, 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.
|Type||Subsidiary of Indian Railways|
|Revenue||₹2,734.51 crore (US$360 million) (2020) |
|₹881.27 crore (US$120 million) (2020)|
|₹626.16 crore (US$82 million) (2020)|
|Total assets||₹5,902.64 crore (US$770 million) (2020)|
|Total equity||₹2,714.75 crore (US$360 million) (2020)|
(Ministry of Railways, Government of India)
Number of employees
|3236 (March 2020)|
It has executed projects in over 62 countries on every major continent. As of 2011, it was executing projects in over 55 countries.
Major railway companies and projects that have had projects with RITES as a consultant include: