RITES has received a work order from Kerala Infrastructure Investment Fund Board (KIIFB) for PMC work on their projects, with an estimated fee of Rs 72 crore. Previously, in March 2023, the company received an order from a joint venture partner for Project Management Consultancy work under the Assam Health System Strengthening Project.
RITES is a multi-disciplinary consulting firm specialising in transportation, infrastructure, and related technologies. It offers a wide range of services under one roof and believes in the transfer of technology to client organisations. The promoters held 72.20% of the company, while Institutions and Non-Institutions held 18.39% and 9.41%, respectively.