RITES, KIIFCON sign MoU

The leading Transport Infrastructure Consultancy and Engineering company, 

 Gurugram, December 31st, 2022: RITES Ltd., the leading Transport Infrastructure Consultancy and Engineering company, signed a memorandum of understanding (MoU) with KIIFCON, a consultancy organisation under the Kerala Infrastructure Investment Fund Board (KIIFB), to jointly explore, identify, secure, and execute consultanc y projects.

As part of the MoU, both entities will work as partners (development and execution) to provide consultancy for transport and infrastructure projects in various sectors, including highways, airports, ports & waterways, urban transport (metros), sustainability, urban/industrial planning, bridges & tunnelling, and railway infra etc., across the domestic and international market. They will jointly develop a ‘go-to’ market strategy to work proactively and bring in best practices by leveraging each other’s strengths to optimise operations.

Mr. Manobendra Ghoshal, Chief Strategy Officer (CSO), RITES, said, “The partnership will facili tate exploring con sultancy opp ortunities arising in multiple sec tors. Apart from a diversified sec tor portfolio (for consultancy), RIT ES will also bring in technical expertise, and marketing capabilities to strengthen the association.” KIIFB facilitat es sustainable infrastructure development in Kerala.

About RITES Ltd:

RITES Ltd, a Miniratna (Category – I) Schedule ‘A’ Public Sector Enterprise, is a leading player in the transport co nsultancy and engineering sector in India, having diversified services and geographical reach. With experience s panning 48 years, the company has undertaken projects in over 55 countries across Asia, Africa, South America, and Middle East region.