Formerly | Rail India Technical and Economic Service |
---|---|
Company type | Public |
NSE: RITES BSE: 541556 | |
Industry | Infrastructure |
Founded | 26 April 1974 |
Headquarters | , India |
Area served | Worldwide |
Key people | |
Services | Consulting |
Revenue | ₹2,539 crore (US$300 million) (2023-24) |
₹526 crore (US$63 million) (2023-24) | |
₹495 crore (US$59 million) (2023-24) | |
Total assets | ₹5,661 crore (US$680 million) (2023-24) |
Total equity | ₹2,609 crore (US$310 million) (2023-24) |
Owner | Government of India (72.20%) |
Number of employees | 2611 (March 2024) |
Website | RITES |
Footnotes / references [1] |
RITES Ltd, formerly known as Rail India Technical and Economic Service Limited, is an Indian public sector undertaking and 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.[2]
As of 2011, it has executed projects in over 62 countries.[3] The company got listed on both NSE and BSE in July 2018.[4][5]