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RITES Aims To Double Export Revenue With Overseas Orders
Mint Hyderabad
|January 31, 2025
State-run railway engineering and consulting company RITES Ltd is set to resume high-value rolling stock exports to Bangladesh, Mozambique and South Africa next financial year as it looks to double the share of exports in its revenue with at least one overseas order each quarter, chairman and managing director Rahul Mithal said in an interview.
The overseas business of RITES would also see it expanding its footprint in consultancy opportunities in Latin America, Africa, South East Asia and West Asia while moving beyond neighbouring countries such as Sri Lanka for its inspection business that involves certifying product and processes of various infrastructure projects.
This story is from the January 31, 2025 edition of Mint Hyderabad.
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