FY24-25 was a year where ambitions met action. At RITES, we dared to dream beyond the ordinaryand translated bold intent into measurable impact. The year began with twin challenges: policy shifts in the Quality Assurance (QA) domain tested a core legacy vertical, while a muted export order book impacted by shifting global prioritiespressured a key revenue stream. Yet, these headwinds only sharpened our focus. We responded with agility, realigned priorities, and reinforced our strategic direction. From ambition to action, from challenge to change Our journey affirmed one belief: toDream Audaciously, and to Act Decisively .
ECONOMIC OVERVIEW
The year began with the global economy entering a phase of modest stability after having endured a series of unprecedented shocks. Yet, the landscape remains fluid. Governments across the world are reassessing their policy prioritiesplacing renewed emphasis on strategic infrastructure investment, sustainability, and long-term resilience.
This recalibration is unfolding against the backdrop of escalating geopolitical tensions, climate-related disruptions, and evolving global supply chainsall of which have heightened uncertainty. Infrastructure, long seen as a catalyst for economic momentum, has now moved to the centre of recovery and competitiveness strategies. As nations race to modernise transport, energy, digital, and social infrastructure, the global economy stands at a pivotal crossroadsdemanding innovation, agility, and global cooperation.
According to the International Monetary Fund (IMF), global growth is projected to remain steady yet subdued at 3.3% in both 2025 and 2026, a pace that falls short of the pre-pandemic average of 3.7% (20002019) but supported by infrastructure investments, technological innovation particularly in digital transformation, artificial intelligence and clean energy and the demographic strength of emerging markets. Beneath this headline figure lies a more nuanced reality: growth prospects remain fragile, marked by sharp divergences across economies and regions. The IMF also warns of the risk of renewed inflationary pressures, which could complicate monetary policy transitions and pose challenges to fiscal and financial stability.
Also, despite growth stabilising and inflation returning closer to targets in 2024, the Asia-Pacific regions outlook has been revised downward, with projected growth of 3.9% in 2025 and 4.0% in 2026, reflecting broader global headwinds.
India: Leading from the Front
On the domestic front, India continues to outpace most major economies. The country closed FY25 with a solid 6.5% GDP growth, bolstered by strong quarterly performance. Looking ahead to 2025, growth projections for India range between 6.2% and 6.4%, with the IMF projecting 6.2% and the United Nations revising its estimate to 6.3%. India remains firmly on track to retain its position as one of the fastest-growing large economies in the world.
Now the worlds fourth-largest economy, India is projected to become the third-largest by 2030, with a GDP forecast of $7.3 trillion, powered by rising domestic demand, a dynamic demographic dividend, and a steadfast commitment to structural reforms and infrastructure development.
The Union Governments allocation of 11.21 lakh crore for capital expenditure in the Budget 2025, along with 1.5 lakh crore in interest-free loans extended to states, reflects a deliberate push to catalyse infrastructure-led growth. This dual-pronged strategy not only reinforces the Centres commitment to building long-term productive assets but also empowers states to accelerate their own infrastructure pipelines. Key initiatives such as PM Gati Shakti, the National Infrastructure Pipeline, and the Asset Monetisation Plan (202530) are expected to accelerate project execution and private investment. By combining fiscal support with policy continuity, the government aims to crowd in private investment, enhance logistics efficiency, and stimulate job creation across sectorspositioning infrastructure as a key engine of inclusive and sustainable economic development.
Over the past decade, India has laid a robust foundation for sustainable and inclusive growthmarked by historic GDP gains, record exports, world-leading digital payments infrastructure, and widespread financial inclusion. Indias growth story is no longer just about numbers. It is about building momentum that is enduring, equitable, and future-ready. As the country marches toward becoming a top-three global economic power, its economic rise is not just a momentit is a movement.
INDUSTRY OVERVIEW
The global transport infrastructure landscape reflects a shared vision among nations to create systems that are not only functional but also future-ready, inclusive, and sustainable. From Asia-Pacifics urban transport expansion and Africas transcontinental integration initiatives to Latin Americas drive for modernisation, countries are realigning infrastructure strategies to address the demands of a dynamic 21st-century economy.
Governments worldwide accelerated infrastructure spending as a strategic lever to stimulate economic growth, enhance connectivity, boost competitiveness, and improve quality of life, all while advancing climate readiness goals. From green mobility corridors and high-speed rail networks to supply chain digitisation and port modernisation in emerging markets, transport infrastructure has increasingly become central to both economic revival and sustainable development.
In the Asia-Pacific region, governments are making bold investments to meet the twin demands of rapid urbanisation and industrial expansion. For instance, Indias PM Gati Shakti National Master Plan is integrating roadways, railways, ports, and logistics systems to improve efficiency and reduce logistics costs. Similarly, Vietnam, Indonesia, and other Southeast Asian countries are developing metro systems, expressways, and logistics hubs to keep pace with urban growth and global trade.
In Africa, under the African Unions Agenda 2063, transformative projects are underway or planned to deepen regional integration. These include the Trans-African Highway Network, the LAPSSET Corridor (Lamu PortSouth SudanEthiopia Transport), and the Continental High-Speed Rail Networkdesigned to improve cross-border trade, mobility, and economic cohesion.
In Latin America, the focus has been on modernising ageing transport networks to enable economic diversification and improve urban livability. Countries like Brazil, Mexico, and Chile are investing in freight rail, public transit, and port infrastructure, recognising the urgent need to address growing urbanisation and logistics inefficiencies.
The Indian transport infrastructure sector too witnessed significant momentum, fuelled by robust public capital expenditure, multimodal integration, and a renewed focus on sustainability and resilience. With the continued rollout of flagship initiatives such as PM Gati Shakti, and expansion across roads, railways, metro systems, and logistics parks, the sector has become a critical pillar supporting the countrys growth aspirations and future-ready connectivity.
As we look ahead, the momentum gained in FY25 is expected to carry forward, with transport infrastructure not merely enabling growth, but defining the trajectory of global development itself. The sector will continue to be shaped byand in turn shapethe forces of technology, climate action, urbanisation, and globalisation, making it one of the most dynamic arenas of transformation worldwide.
I. ABOUT US
RITES Ltd., a Navratna Public Sector Enterprise under the Ministry of Railways, is one of the key players in shaping the transport infrastructure. With a 51-year legacy of excellence, RITES is the only infrastructure consultancy firm with:
? Multi-Sectoral footprint
? 5,000+ projects executed
? Strategic national impact
? Export hub of rolling stock & services
Recognised for its engineering consultancy, RITES plays a pivotal role in the nations broader infrastructure development driving forward the vision of Viksit Bharat while expanding its global footprint. By leveraging its consulting expertise, design capabilities, and innovative technical solutions, RITES has contributed to:
Transforming urban mobility through metro systems, ropeways, and transport integration projects
Strengthening connectivity with landmark railway bridges, freight corridors, and modernised stations
Enhancing Indias global presence through export of rolling stock, consultancy, and technical expertise
Building sustainable infrastructure by promoting renewable energy, green mobility, and smart city solutions.
II. STRENGTHS & WEAKNESSES
RITES has cultivated a strong and diverse foundation that underpins its leadership in the engineering consultancy space, particularly within the transport infrastructure sector. While its origins lie in railway infrastructure, the Company has, since its early years, steadily broadened its capabilities to encompass a wide spectrum of transport and allied consultancy services. RITES strategic shift toward environmentally conscious and intelligent mobility solutions, aligned with the rising demands of urbanisation and evolving patterns of mobility, is being reflected in all its related deliveries.
Its export capabilities further enhance its competitive positioning. As the export arm for the Ministry of Railways, RITES has delivered rolling stock to 12 countries, leveraging access to state-of-the-art products of Indian Railways. Its export portfolio spans locomotives, coaches, wagons, and trainsetsincluding semi-high-speed variantsacross multiple gauges such as meter, standard, cape, and broad. Complementing this is the Companys ability to offer end-to-end after-sales support, including warranty services, spare parts, training, and incidental services, which strengthens client relationships and reinforces trust. Further, RITES is also providing rolling stock operations as part of its services portfolio.
Over the past five decades, RITES has also built a rigorous quality assurance ecosystem, with stringent checks embedded at both process and final delivery stages. This commitment to quality has been instrumental in establishing its reputation for reliability and excellence. At the heart of this success is a highly skilled workforce, particularly in design and project management roles, whose expertise has been central to the Companys consistent delivery of complex infrastructure projects.
RITES continues to expand its footprint, and is well-positioned to deepen engagements with existing clients and tap into new opportunities. However, the challenge of attracting and retaining top-tier talent remains significant, especially amid rising competition for skilled professionals in engineering and management. To address this, the Company is actively investing in workforce development through training, upskilling, internal mobility, and structured career progression initiatives aimed at strengthening its talent pipeline and sustaining long-term growth.
III. OPPORTUNITIES & THREATS
Over the past five decades, RITES has transformed from the first public sector undertaking under Indian Railways into a globally respected player in infrastructure consultancy. As a long-standing contributor to Indias infrastructure journey, the Company is now strategically positioned to harness emerging opportunities, especially considering the governments continued focus on large-scale, sustainable, and innovation-driven infrastructure development.
With successive Union Budgets allocating record capital outlays for infrastructure, and increasing private sector participation in transport-related investments, RITES is well-placed to benefit from national initiatives such as cross-border economic corridors, PM Gati Shakti, intercity and multimodal connectivity, and the Viksit Bharat Vision 2047. The national commitment to achieving Net-Zero emissions further opens avenues in green engineering and sustainability consulting.
Internationally, renewed infrastructure ambitions across Southeast Asia, Africa, the Middle East, and Latin America are creating fresh demand for technical consultancy and export of customised rolling stock. Through its RITES Videsh initiative, the Company is actively engaging with these regions to expand its global footprint.
At the same time, RITES remains mindful of the evolving risks in a dynamic economic and regulatory environment. The shift toward competitive bidding, growing private sector involvement in core infrastructure domains, and changing policy frameworks may pressure margins and revenue visibility. Additionally, attracting and retaining skilled professionals continues to be a challenge amid rising industry-wide demand. To address this, RITES is strengthening its human capital strategy by promoting employee-centric policies, prioritising wellness, and fostering a culture of continuous learning and career growthensuring it remains an employer of choice in the infrastructure sector.
IV. FINANCIAL PERFORMANCE
Project Consultancy and leasing revenue significantly reduced the impact of fall in revenue from exports, QA and turnkey segment and the year ended with total standalone income of 2,243 crore compared to 2,439 crore in the previous year and profit after tax of 380 crore as against 454 crore in the year before. On the consolidated basis, RITES earned a total income of 2,324 crore as against 2,539 crore in the previous year.
The Company remained a debt-free entity with a net worth of 2533 crore. As a responsible entity, during the year, the Company has spent 13.30 crore towards corporate social responsibilities.
Since the second half of FY24, the Company maintained its streak as a one order a day enterprise, consistently securing new business. It concluded the year with its highest-ever order book of 8,877 crore, having secured fresh orders worth 5,256 crore during the year.
Key Financial Ratios (Standalone): |
||
Particulars | 2024-25 | 2023-24 |
(i) Return on Capital Employed (%) | 20.40 | 24.65 |
(ii) Current Ratio (%) | 2.81 | 4.14 |
(iii) Operating Profit Margin (%) | 19.57 | 22.75 |
(iv) Net Profit Margin (%) (PAT/ Total Revenue) | 16.95 | 18.62 |
(v) Return on Net Worth (%) (PAT/ Avg. Net Worth) | 15.14 | 18.16 |
(vi) Debtor Turnover | 2.22 | 2.48 |
Segment-Wise Performance
During the year, on the standalone basis, consultancy, including quality assurance services, continued to provide highest percentage of revenue which is followed by turnkey, leasing and exports.
2024-25 | 2023-24 | |||
Particulars | Operating Income | % | Operating Income | % |
( in crore) | ( in crore) | |||
Consultancy |
||||
Domestic | 1058.16 | 50.5 | 1078.39 | 46.6 |
Abroad | 74.71 | 3.6 | 88.64 | 3.8 |
Turnkey construction projects | 796.61 | 38.0 | 903.48 | 39.1 |
Export | 15.49 | 0.7 | 103.41 | 4.5 |
Leasing | 150.34 | 7.2 | 138.08 | 6.0 |
2095.31 | 100 | 2312.00 | 100 |
2095.31 100 2312.00 100
Expenditure
Total expenditure has decreased to 1744 crore from 1842 crore last year. The decrease is mainly on account of decline in turnkey and exports projects execution. Exports cost decline from 76 crore last year to 7 crore this year and a decrease in expenditure of supplies and services (turnkey) from 821 crore to 741 crore on account of new turnkey projects at design stage and old projects at closure. Expenses related to employees have remained almost constant.
V. OPERATIONAL PERFORMANCE
RITES journey stands as a testament to the trust it commands globally and the quality it delivers consistently. Ranked among the Top-500 listed companies in India by market capitalisation, RITES has earned its preferred-partner status by offering high-quality solutions across sectorsdriven by a dedicated and skilled workforce committed to excellence.
Overseas
The year concluded with an export order book of 1,360 crore, with the Company securing at least one export order in every quarter of FY25. Major export wins included the supply of 200 broad-gauge coaches to Bangladesh and eight in-service cape gauge locomotives to three clients in South Africa. In addition, RITES secured new highway work in Guyana, reaffirming its reputation for delivering in line with client expectations. The company also bagged an assignment for developing an Integrated Check Post (ICP) along the India-Nepal border and consultancy work for railway depot and material handling facilities in Jordan.
During the year, RITES executed projects across nine countries. Key assignments that progressed well include the 4-lane national highway in Bangladesh, the TshesebeMasunga Road in Botswana, consultancy for ICPs at Nepalgunj and Bhairawaha in Nepal, highway development in Guyana, and incidental services in Mozambique.
While no rolling stock exports were executed during the year, export supplies resumed in July 2025, with the shipment of two cape gauge locomotives to Mozambique.
Domestic
RITES sustained its leadership in transport infrastructure and turnkey engineering solutions through consistent delivery across scale, sectors, and geographies. Backed by a strong portfolio of over 700+ projects in FY25, the Company continued to serve a wide client base comprising Central and State Governments, PSUs, and private corporates.
The Company witnessed growth in domestic consultancy business, driven by swift and focused execution. In addition, both leasing and turnkey segments recorded their highest-ever revenue during the year. However, the overall revenue and profit were moderated by a significant decline in the Quality Assurance (QA) business. This drop was primarily due to the redistribution of inspection work by Indian Railways across four entities. While this development may continue to affect QA revenues in FY25, RITES is actively pursuing client diversification within the QA vertical to drive recovery and long-term growth.
Demonstrating its business agility, RITES sustained its momentum as a One Order a Day companyunderscoring its sustained momentum in securing new projects and maintaining a robust order book.
A detailed overview of sector-wise domestic and international projects secured, undertaken, and executed during the year is presented under the Sectors of Operation section.
VI. OUTLOOK
As RITES steps into FY26, the Company builds upon the resilience and adaptability demonstrated in recent yearsnavigating a rapidly evolving business landscape marked by challenges such as a slowdown in export orders, a shift from nomination-based work to competitive bidding, and intensified competition from both emerging domestic and established global players.
Despite these headwinds, the outlook for FY26 remains strong. With India continuing to invest in large-scale development of transport and logistics infrastructureand with international markets opening up new opportunitiesRITES is strategically positioned to harness the momentum of economic growth and urban transformation. The Companyscomprehensive expertise across the transport infrastructure spectrum aligns closely with national priorities of enabling fast, safe, sustainable, and efficient movement of goods and people.
In sync with the vision of Viksit Bharat @2047, RITES is sharpening its focus on sustainable infrastructure, technological advancement, and global outreach. The strategic roadmap for FY26 is underpinned by these growth engines that will serve as the foundation for long-term value creation:
Value-Added Services
Strengthening service offerings by moving beyond core consultancy into turnkey project execution, digital engineering, and integrated solutions across sectors.
RITES Videsh
Expanding global footprint through exports, strategic collaborations, and overseas project executionparticularly in Africa, South Asia, and the Middle East.
Green Infrastructure
Supporting Indias Net Zero ambition by enabling clients to transition to renewable energy, low-emission mobility, and climate-resilient infrastructure.
Technology & Innovation
Deploying next-gen tools like AI-driven inspection systems (e.g., VISTAR), Building Information Modelling (BIM), and digital mobility solutions to enhance project delivery, safety, and quality.
As it moves ahead in FY26, RITES remains committed to building on its legacy of excellencedriving innovation, expanding globally, and delivering infrastructure that is future-ready, sustainable, and aligned with the aspirations of a growing and transforming Bharat.
VII. SECTORS OF OPERATION
RITES has established itself as a comprehensive infrastructure solutions provider, offering consultancy services across a wide spectrum of sectors. Its expertise spans railways, highways, metros, urban development, sustainability, green mobility, airports, ports, ropeways, institutional infrastructure, inland waterways, freight terminals, the Jal Jeevan Mission, multimodal transport systems, and renewable energy.
Beyond consultancy, RITES operates a dedicated Quality Assurance division, equipped with advanced laboratory facilities to conduct rigorous process and product inspections. The Company also manages a fleet of 90+ locomotives and boasts over three decades of experience in exporting rolling stock, reinforcing its position as a trusted partner in both domestic and international markets.
RAILWAYS
RITES envisages its continued presence in projects planned in the railway sector in India & abroad such as Freight Corridors, high-speed & semi-high speed passenger corridors, capacity augmentation projects, sub-urban railways, modernisation works, last and first mile connectivity projects, freight terminals & logistics parks, station redevelopment, long bridges and tunnels, and energy & sustainability solutions etc.
The Offerings:
Infrastructure Studies: Feasibility Studies, Preliminary Engineering-cum-Traffic Studies, Final Location Surveys (including Arial-LiDar and drone-based), Detailed Project Reports and National Rail Plans.
Engineering Services: Detailed Engineering, Integrated Design Services, and Technical Support; rehabilitation & modernisation of railway systems; Conceptualisation and Design of rail-based transportation systems, including merry-go-round systems; Project Management Services, including turnkey solutions.
Technical Services: Operation and maintenance of locomotives and wagons; rehabilitation, upgradation and maintenance of freight stocks; rehabilitation and maintenance of tracks; operation and maintenance of machinery, plants and equipment; periodic overhaul/major schedules of locomotives, wagons and diesel generator sets; management of railway system including operations, workshops, depots and ancillary facilities; study for upgrade, rehabilitation of rail systems etc. Also, consultancy services from concept to commissioning for setting up of/modernisation of Railway workshops and other industrial units ranging from preparation of techno-economic feasibility reports, detailed project reports to turnkey execution, including civil, electrical and mechanical works.
Electrical Engineering and Signalling & Telecommunications:
Field survey and data collection, feasibility studies, Supervisory Control and Data Acquisition (SCADA), design of panel interlocking/route relay interlocking/electronic interlocking, optical fibre communication networks, Mobile train radio communication (GSM-R).
Construction supervision and commissioning services for Railways overhead line and general electrification works including sub-stations, grid sub-stations, HVAC and fire alarm system. E&M work, escalators and elevators, DG sets, quality assurance and surveillance inspections and preparation of operation and maintenance manual.
On the Job:
During the year, the Company has remained associated with more than 375 rail projects in various design and consultancy capacities, some select projects are given below. Works in progress are categorised as ongoing assignments.
Select Projects Secured:
? Feasibility study and Detailed project report for Hyderabad-Bengaluru and Hyderabad-Chennai High-Speed Rail Corridor
? Feasibility study and Detailed project report for
Y-connection for siding at Magadh and Amrapali
? Consultancy work for railway depot and material handling facilities in Jordan stati
? PMCforPrivateRailwaysidingfromTentuloi Naini, Angul, Odisha
? Railway Operation & Maintenance Services at Dhamra Port |
Nagar in Ballari District on and Shivala Tehu station Machhakatacoal Mine and New Patrapara South coal Mine |
? Comprehensive Operation & Maintenance of NUPPL/ GTPP Railway Siding |
Select Ongoing Projects: |
? Railway Electrification works 172 kms of Lumding Badarpur |
? PMC for railways siding at Sankerjang and Damanjodi for NALCO |
? Remodelling for Railway yard at Kalyan, Maharashtra |
? Project Supervision Services for Gati Sakti Unit, Western Railways |
? FSR, DPR & PMC work at Bijuri siding for SECL |
? Rail Structure DDR, Western Railways |
? Project Supervision Services in connection with the Taranga Hill Abu Road via Ambaji New BG Line. |
? Operations and Maintenance of locomotive at various locations for CONCOR. |
Select Projects Executed: |
? Final Location Survey (FLS) using Modern Survey Technologies for new broad-gauge line from Rangpo to Gangtok in Sikkim. |
? Establishment and maintenance of Continuously Operating Reference Station (CORS) network for Mumbai-Ahmedabad high speed corridor. connecti ? Feasibilitystudyfordevelopingdirectrail line no. 5 & 6 of Jakhapura railway station to steel plant. |
? Detailed project report (DPR) in connection with development of 3rd silo loading arrangement at Lalmatia loading yard at power plant |
? Project Management Consultancy (PMC) for freight maintenance facility works at Sarla station |
? PMC for railways siding work at Etah for power plant, connectingAwagarh |
? PMC for railway siding work with electrification at power plant in Khurja, U.P. |
? PMC for railway siding project at Naya Raipur for oil refinery |
HIGHWAYS |
Adept in providing highway consultancy services from the early planning stages of a project, design development and through final implementation, RITES partners in building a road network involving greenfield and brownfield projects of expressways, highways, long bridges/viaducts tunnels, ROBs, RUBs, flyovers, grade separator and skywalks. |
The Offerings: |
__ Pre-feasibility and Techno-economic Feasibility Studies; |
__ Detailed Design, DPRs, Project Preparation and Tender Documentation; |
_ Advisory/Technical Assistance Services |
__ Detailed Design of ROB, RUB, Flyovers, Skywalk & Grade Separator |
_ Design support during construction |
_ Proof Checking & Design Review |
__ PMC , Super vision, Authorit y s Engineer, Independent Engineer; |
__ Structural Health Study and Condition Surveys of Bridges & Structures |
__ Road Safety Audit; |
__ External Technical Audit; |
__ Third Party Inspection/Quality Assurance |
On the Job:
During FY25, the Company has executed and secured the following projects (select ones) under the highway sector. Works in progress are categorised as ongoing assignments.
Select Projects Secured:
? Project Management Consultancy for upgrading Palmyra to Moleson Creek Highway in Guyana, South America ? Safety Consultancy Services for Z-Morh Tunnel, including approaches on Srinagar and Sonmarg side, during
Construction, Operation & Maintenance stages
? DPR for 4-lane 1.73-km extradosed bridge over River Bhagirathi including Viaducts, ROBs, Interchange and associated Major & Minor Bridges connecting Kalna and
Gobindapur NH12, West Bengal
? Comprehensive Audit of Structural Condition Assessment of Network Arch Bridge Connecting Vivekananda Rock
Memorial Island and Ayyan Thiruvalluvar Statue Island in Kanyakumari, Tamil Nadu
? DPR and Construction Supervision of all Infrastructure works under Meerut Development Authority (MeDA) ? Authoritys Engineer for Supervision of Roads under Hybrid Annuity Scheme-II, AE (Group 6), in Maharashtra ? Third Party Monitoring & Quality Control for 47 roads (996.70 km) under Asom Mala 2.0
? DPR for construction of drainage in North Guwahati area bounded by LPGNB Road on East Side, Gauripur Rudreshwar Road on North Side, Ghoramara Kolbari GNRC Road on West Side and Brahmaputra River on
South, Guwahati
Select Ongoing Projects:
? Construction Supervision of East Bank-East Coast Road
Linkage Project (Ogle to Eccles (Haags Bosch)) Phase 1 in Guyana, South America ? PMC for Improvement of Ashuganj Akhaura Land Port Road as 4-Lane NH Project in Bangladesh
? Consultancy Services for Aggregation of DPRs and Bid
Process Management for HAM-II Project of 12000 km for
Maharashtra State Infrastructure Development Corporation ? Development and Construction Stage Road Safety Audit for Access Controlled Six Lane (Expandable to Eight Lane)
Greenfield Ganga Expressway, Group-III and Group-IV,
311 km
? Road Safety Audit for National Highways in DPR/ Development & Construction/O&M stage(s) (i) 4 Projects under O&M Stage, 303.780 km, in Tamil Nadu (ii) 3 Projects in DPR Stage, 116 km in Tamil Nadu (iii) 3 Packages, 420.8 km under Development & Construction Stage in Andhra
Pradesh, (iv) Varanasi - Kolkata Expressway under DPR Stage, 288km
? DPR for 4-lane Extradosed Cable Stayed Major Bridge over River Bhagirathi including Viaducts, ROBs, Interchanges, toll plaza and other Major and Minor Bridges, Grade
Separators etc. connecting Kalna, of STKK Road and
Gobindapur of NH-12 (Old NH-34) in Purba Bardhhaman and Nadia, West Bengal ? PMC and IQA Services for Transport Sector (Road and Bridge) Projects funded by KIIFB
? PMC-cum-ETA of 6-lane Access Controlled Bundelkhand Expressway and Gorakhpur Link Expressway
? DPR for Greenfield Expressway from Raxaul to Haldia Port ? DPR for Construction of 7 Elephant Corridors locations on the Rani Kaninadhara Road in Guwahati.
Select Projects Completed:
? Concept to Commissioning of Kalighat Skywalk, West Bengal
? Construction Supervision of Tshesebe Masunga Road
Project in Botswana
? Authoritys Engineer of VijayawadaMachilipatnam in Andhra Pradesh
? DPR for flyovers near Downtown Hospital and Rajib Bhawan (ABC Point) on Guwahati-Shillong Road, Guwahati ? DPR for Road Section between km 0+000 to km 1+000
(Sinking Zone near Tarapur Shibbari from km 0+450 to km 0+550) in Silchar, Assam ? Feasibility Study Report for 7-km elevated road from Ram Nagar to Rangirkhari Circular Point through Capital Point in Silchar, Assam.
METROS
Having provided consultancy for the Mass Rapid Transit Systems (MRTS) spanning over 2000 km in 30+ cities, RITES continues to leverage its expertise in all aspects of urban rail transit systems, road-based transit systems, metro rail systems, light rail transit systems, suburban rail system, and Metro Lite.
The Offerings:
? Detailed Engineering Studies and Detailed Project Reports (DPRs) ? Detailed Design and General Consultancy for Public Transport Infrastructure Systems
? Project Management Consultancy, including construction supervision of MRTS projects ? Transit-Oriented Development studies ? Structural health assessment
On the job:
During the year, the Company has been engaged with the following projects (select ones):
? Detailed Design Consultancy Services for 2 (Two) Elevated
Stations in Line 2A Vanaz to Chandni Chowk and for 11 (Eleven ) Elevated Stations in Line 2B-Ramwadi to Wagholi excluding Viaduct in station portions of Pune
Metro Rail Project.
? General Engineering Consultancy for Ahmedabad Metro Rail Project (GMRC), PhI and Ph-II
? Limited PMC for Bangalore Metro Rail Project Phase 2A & 2B
? General Consultancy Services for Haryana Orbital Rail Corridor (HORC) ? Detailed Design Consultancy Services for two Rolling Stock Depots, one in Bhopal and one in Indore ? Consultancy Services for Structural Health Check-up and preparation of Rehabilitation/Repair/Redevelopment scheme of stations, viaduct, tunnel, track and other associated structures between Dakshineswar and Kavi Subhash of Blue Line (North-South), Metro Corridor, Kolkata ? Detailed Design Consultancy Services for Power Supply
Receiving/Distribution, 750 V DC Third Rail Traction Electrification and SCADA systems, each of Bhopal and
Indore Metro projects
? Detailed Design Consultancy Services for power supply
& distribution system, 750 V DC Third Rail Traction Electrification and SCADA System of Surat MRTS PH-I &
Ahmedabad Metro PH-II.
? Detailed Design Consultancy for Power Supply & Distribution System, 750 V DC Third Rail Traction
Electrification and SCADA System of extensions for Purple and Green Lines of Bengaluru Metro Rail Project Ph-II.
AIRPORTS & LAND PORTS
With experience of consulting for over 150 airports, RITES primes itself in the field of aviation infrastructure and its related subdisciplines such as airports, heliports, terminals, cargo terminals, hangars, workshops and maintenance facilities, pavements and control towers etc. Also, RITES pioneered the concept of International Cross-Border Management through Integrated Check Posts (ICPs) in India.
The Offerings:
Master planning, site selection and Obstruction Limitation Surface surveys Air traffic surveys, demand assessment and forecasting Project Feasibility Studies, Detailed Project Reports Design and construction management ATC systems design, communication and navigational aids, visual ground aid Non-destructive evaluation of airfield pavement using HWD.
On the Job:
During the year, the Company has been engaged with the following projects (select ones):
Select Projects Secured:
? Consultancy Improvement of existing airstrip at Birlagram, Madhya Pradesh for the operations of Cessna XLXS 8-Seater aircraft
? Comprehensive Consultancy Services for developing heliports in NINL, Odisha, and Dwarka and Somnath in Gujarat
? Consultancy services for construction of a runway parallel to existing runway at Aircraft Division, Nasik
? Construction Supervision and Quality Control for terminal building and miscellaneous works at Hubli Airport ? Independent Engineer for Monitoring the Concession
Agreement in Respect of Operations, Management and Development of LGBI Airport, Guwahati
? Project Management and Consultancy services for the
Construction of Integrated Check Post (ICP) at Dodhara
Chandani, Nepal
? Techno Economic Feasibility Report for airport at Kuppam,
Chittoor, Andhra Pradesh.
Select Ongoing Projects:
? Improvement of existing airstrip at Birlagram, Madhya
Pradesh, for the operations of Cessna XLXS
8-Seater aircraft
? PMC services for Planning, Tendering, Coordination, Supervision, Billing Quality Control, Document etc. for Underground Specialised EMP Protected Hardened Structures at Ambala, Shillong, Port Bilar ? Design & Supervision of old Runway Rehabilitation (New Parallel Taxiway) at Gautam Buddha International Airport, Nepal ? Project Management Consultancy for the Construction of Integrated Check Post (ICP) at Bhairahawa, Nepal ? PMC for Engineering, Procurement, Construction and Management Services for development of Airport & Jetty Infrastructure at Island, Mauritius ? Independent Engineer for monitoring the concession agreement in respect of operations, management and development of Mangaluru Airport and Chaudhary Charan Singh International Airport, Lucknow.
BUILDINGS, STATION DEVELOPMENT & MMLPs
RITES has taken up assignments in areas for development of Multi Modal Logistic Parks (MMLPs) for various PSUs & private clients, buildings for many educational institutes, PSUs and Government & its instrumentalities and railways station redevelopment to assist the Government in developing world-class infrastructure under its Amrit Bharat Station Scheme.
The Offerings: |
Conceptualisation, reconnaissance, feasibility studies, detailed project report |
Detailed Engineering, Project Planning, Scheduling and Controlling |
Contract Management, Construction Supervision |
Project Management Consultancy, Turnkey Construction and Authority Engineer |
Quality Assurance, Third Party Inspection and Technical Audit |
Architecture Programme and space planning, predesign, preparation of master plan/layout-plan and detailed architectural design |
Structural Design |
HVAC, firefighting, MEP, Acoustical Services and Landscaping. |
On the Job: |
During the year, the Company has been engaged with the following projects (select ones): |
? PMC for Execution, Supervision, Monitoring & Development of IIM-Raipur campus phase-II |
? PMC for construction of 100-student medical college & 430-bedded allied hospital at Amravati, Maharashtra |
? Valuation and assessment of tourism projects applied for Capital Investment Subsidy (CIS), Department of Tourism, Odisha |
? Independent Engineer Services for Supervision of Development and Operations of Multi Modal Logistics Parks in Indore |
? Construction of Workmen Housing Complex (BQ area) at OIL, Duliajan |
? Consultancy Services for detailed Architectural Planning and Bid Process Management of 06 Maintenance Centers of MAHSR Project |
? Architectural and Engineering consultancy for construction of a G+3 building for Defence system group at ECIL, Hyderabad. |
? PMC for Planning, Design and Construction of various buildings and its services at IIT-Delhi |
? PMC services for the construction of various infrastructure works at IIT-Bhubaneswar |
? Kollam Railway station redevelopment works. |
ROPEWAYS |
RITES is a leading ropeway engineering consultancy firm in |
India, having extensive experience in design, construction, operation, and maintenance of passenger & material ropeway systems. |
The Offerings |
Techno-Economic Feasibility and Detailed Project Report |
Project Management Supervision (PMC) |
Independent Engineer |
Inspection and Quality assurance |
Bid Process Management |
Transaction advisory |
Operation & Management of Ropeways |
Technical Audit of Ropeways |
Inspection-cum-safety audits for existing or new ropeways |
Funicular & sky-walk integration. |
On the Job |
Select Projects Secured: |
? DPR for Development of Suspended String Rail Transport System at Gokak Falls, Belagavi |
? PMC services for upgradation of Singshore Skywalk/ Bridge at Pelling, Sikkim |
? Independent Engineer for Supervision of Development, Operation and Maintenance of Passenger Ropeway at Nandi Hills in Karnataka |
? Transaction Advisory Services for Development of Ropeways KTIL (Karnataka) |
? Consultancy Services for Construction of a Passenger Ropeway at Marina Beach, Chennai |
? Feasibility Report and DPR, Bid Process Management, and Design & Supervision Work for Construction of Passengers Ropeway (Cable Car) at Pongtung, East Khasi Hills |
? PMC services for construction of Skywalk along with Funicular and material ropeway at Bhaleydunga, Sikkim |
Select Projects Ongoing: |
? PMC for Operation & Maintenance of Passenger Ropeway (Bhawan to Bhairon) and Material Ropeway (Siar Dabri to Bhawan) |
? IE work for Construction of Passenger Ropeway (between Tarakote and Sanjichhat) |
? Construction of Ropeway system over the river
Brahmaputra connecting Biswanath Ghat and Umatumoni Island at Biswanath Ghat
? DPR, Bid Process Management and Design and Supervision work for Proposed Shillong Peak Ropeway Project, Shillong Meghalaya
Select Projects Executed:
? DPR for development of passenger ropeways at Vantwang Waterfall, Mizoram and for HR&CE, Tamil Nadu
? Inspection-cum-audit of Intelligent Trasport System
NWKRTC, Hubli
? Inspection-cum-Safety Aduit for Jeevdani Funicular system
? FSR for passenger ropeway at Reasi, J&K
? Inspection-cum-Safety Aduit of Bhaleydunga & Pelling
Passenger Ropeway System, Sikkim
? Consultancy services for Ayyarmalai Ropeway in District Karur, Tamil Nadu
BRIDGES & TUNNELS
The Civil Engineering Design & Survey Unit provides engineering services for planning, design and construction supervision for Railway Bridges, Rail cum Road Bridges, ROB/RUB, Approach structures like Rail/Road viaducts, Suspension bridges, Cable Stayed & Extra Dose Bridges and Road/Railway Tunnels for various services including FeasibilityStudy, DPR, Detailed Design, RSI, Technical Inspection, PMC, Rehabilitation & Instrumentation. The services also include River Engineering involving hydraulic model studies (Physical / Numerical) and design of river training and protection works.
It also undertakes PETS, FS, FLS & DPR studies for new line, dual gauging, multi-tracking, gauge conversion, rehabilitation/ upgradation for conventional lines, Heavy Haul lines (Dedicated Freight Corridor), port connectivity lines for bulk material transport, Semi-High Speed and High-Speed rail corridors.
Bridges:
The Offerings:
Techno-economic feasibility studies and conceptual/ preliminary & detailed design, Engineering surveys and Detailed Project preparation, River Training works and hydraulic Model studies for hydraulic design parameters & protection measures, Slope stability measures, Geological, geophysical & geo-morphological studies and geo-technical investigation including deep drilling and in-situ lab tests, Detailed engineering studies, Detailed structural design & drawing including proof checking and design reviews and technical support, technical specifications, contract documents, BOQ & cost estimates, Designer Association and Supervision during construction, Project management and quality assurance, Inspection, strength assessment and rehabilitation studies for old bridges, Standardisation of bridge inspection procedures and preparation of maintenance manuals, long span extra dozed/cable stayed and pre-stressed bridges.
On the Job:
Select Projects Secured:
? Design of measures to control erosion of river bed and banks, slope stability, condition assessment of Br no. 232 (UP and DN)
? Technical inspection, geotechnical and hydrological study for bridges and tunnels of Jammu-Udhampur rail link in the
. Northern Railway Section
? Structural Health Check-up and Rehabilitation/Repair/ Redevelopment Scheme of Stations, Viaduct, Tunnel, Track and other associated structure between Dakshineswar and Kavi Subhash of Blue Line (North-South) Metro Corridor, Kolkata
? Detail design consultancy for major/minor bridges, RUB/ ROB, LHS, thrust bed, RFO, soil/slope stability including EV2 test for 3rd & 4th line of Son Nagar Andal and another project of EC Rly
? Assessing the structural adequacy & including instrumentation
Select Ongoing Projects:
? Repair and rehabilitation of2 nd Hooghly Bridge (Vidyasagar Setu, Kolkata) including replacement of Stay & holding down cables and bearing etc. for Hooghly River Bridge Commissioner (HRBC).
? Comprehensive health checkup of Rabindra Setu (Steel and concrete structures) for prolonging the bridge for Syama Prasad Mookerjee Port, Kolkata. ? Detailed design including designers support during construction nd Rail cum Road Saraighat Bridge across river Brahmaputra in Assam for NF Rly ? Detailed design including designers support during construction for Rail Bridge over River Yamuna in connection with 3 rd-4th line between Anand Vihar and
Tilak Bridge stations
? Detailed engineering including designers support during construction of 2 Nos. Rail Flyovers & 45 ROBs on various section of Eastern Dedicated Freight Corridor for DFCCIL.
? DPR for Rail bridge (2.8 Km long Double tracks)) across river Ganga on Bikramshila - Katareah Section of EC Rly
? DDC for 15 ROBs in Mumbai Division and 191 ROBs in Samastipur Division-Gati Shakti Railway Project for Railway and Central Railway.
Select Projects Executed:
? Rail/Road Bridges comprising of PSC, steel, steel-concrete composite with single/continuous spans catering to forces due to LWR / CWR have been designed for USBRL project (Katra Dharam - Qazigund- Srinagar Baramulla sections MultiTrack of New BG Rail Link) in fragile and seismically sensitive
Himalayan Region in J&K. Designs for slope stability with soil nails/ground anchors including the Tunnel face development for 7 Nos. tunnels carried out with designersmeasures support. Technical audit/inspection of all bridges in KRCL ofBridges (7Nos)forRVNL. section of USBRL Project including preparation of technical report for submission to CRS
? Designing, developing, installation and commissioning of
Structural Health Monitoring System (SHMS) for Special Br No. 39 (490m long) and Br No. 43 (777m long) for USBRL Project in J&K
? Designing, developing, installation and commissioning life of the of Structural Health Monitoring System (SHMS) for 4.94 km long Bogibeel Rail cum Road Bridge across river Brahmaputra for N.F. Railway for 1.29 km long 2
? Design & Proof Checking of major bridges (Total 19 Nos.) for East Central Railway
? Structural Health Check-up and Rehabilitation/Repair/ Redevelopment Scheme of Stations, Viaduct, Tunnel, Track and other associated structure between Dakshineswar of Northern Railway. and Kavi Subhash of Blue Line (North-South) Metro Corridor, Kolkata.
. Tunnels:
The Offerings:
Route selection and alignment studies, prefeasibility and feasibility studies, Detailed project Report, detailed EC engineering including Geological and Geotechnical Studies,
Detailed design consultancy, technical specification and BOQ, Expert Engineering services including supervision during construction, PMC & Instrumentation services, Rehabilitation studies, High Slope stability Analysis
On the Job:
Select Projects Secured:
? Consultancy Services as AE for Supervision of Construction of Twin Tube Uni directional Aizawl Bypass Tunnel of 2.5 km and its approaches of 2.1 km from km 10.600 to km 15.200 (P-2) on Sairang - Phaibawk section of NH-6 in Mizoram
? DPR for upgradations to 2-lane and tunnelling of existing alignment- realignment from Chainage 68.600 to75.00 of NH-107 Sitapur- Son Prayag Gauri Kund Section in Uttarakhand.
Select Ongoing Projects:
? DPRs for 4 Nos highway tunnels across Key La (8.1 Kms), Shinkun La (4.1 Kms), Tanglang La (5.41 Kms) & Lachalung La (7.2 Kms) including approaches & bridges, slope stability etc. in Himachal Pradesh and Ladakh
? Pre-construction activities, DPR & PMC for 6.12-km tunnel at Sadhna Pass in J&K
? Supply, installation, instrumentation, 3D monitoring & construction supervision of 6 (six) Tunnels for doubling line between Jarati-Maligura station of KK Line of Waltier
Division, East Coast Railway
? DPR for 3 tunnels (at Namik La, Fotu La and Khardung La Pass) and 100 Km road in Ladakh
? DPRs including detailed design and GT investigations for 7 tunnels totaling to 6.1 Kms including slope stabilisation /drainage plan assessment in connection with Dungarpur-Ratlam by Banswara section for North Western Railway in Rajasthan.
? DPR for Tunnels & bridges for 65-km Ambedkar Nagar to Muktiyara Balwara detour BG line in c/w Ratlam-Khandwa Gauge Conversion project (consisting 21Nos Tunnels totaling to 15.6km length and 126 Nos Bridges/ ROBs/RUBs including river engineering for Western
Railway in MP
? DPR for Tunnels & bridges for 101km Jhabua to Dhar on
Dahod Indore Section new BG Railway Line (consisting 4 Tunnels totaling to 3 kms length and 400 Nos Bridges/ ROBs/RUBs including river engineering for Western
Railways in MP.
Select Projects Executed:
? DPRs including detailed design and GT investigations for 7 tunnels totaling to 6.1 km, including slope stabilisation/ drainage plan assessment in connection with Dungarpur-Ratlam by Banswara section for North Western Railway in Rajasthan
PORTS & WATER RESOURCES
RITES capabilities address all aspects of port planning and marine structural & civil engineering, electrical engineering, mechanical engineering including material handling, traffic circulation, automation & safety projects from berth to gate. We offer solutions for Inland Water Transport (IWT) and Water Resources Engineering as well.
The Offerings:
Ports and Harbour sector: Port Location Studies, Port Planning and Harbour Engineering; Dredging and reclamation, Navigational systems; Port Connectivity (Rail/ Road/Waterway); Breakwaters and Model studies for port development, ship building yards/dry docks, ship lift facilities,
CRZ and EIA studies; Berthing structures; Material handling systems, port utilities, traffic studies, shore power requirement, traffic circulation study, Automation, IT solution and safety, cost-benefit analysis and project viability; Advisory services for privatisation, project management and independent engineer services.
Inland Water Transport (IWT): System planning, River engineering, Hydrographic surveys and investigations; River terminals, Training works and River management studies; Traffic and transport economics, financial analysis and EIA studies.
Water Resources Engineering Sector: Reservoir capacity studies, Flood mitigation studies and Design of intake structures, dredging and shore disposal studies.
Water Transmission & Treatment: Total solutions from concept to commissioning of water supply systems, transmission, desalination and management of water projects by adopting state-of-the-art technologies providing clean and safe drinking water.
On the Job:
During the year, following projects are being undertaken by RITES:
? PMC services for Development of Greenfield Port at
Machilipatnam, Andhra Pradesh
? Independent Engineer Services for Development of Western Dock to handle capsized vessels at Paradip Port
? Independent Engineer Services for Mechanisation of Berth No. 2 at Haldia Dock Complex
? Independent Engineer Services for Development of Container Terminal at Tuna Tekra, Deendayal Port and Liquid Cargo berth LB-3 & LB-4 at Jawaharlal Nehru Port
? Detailed Project Report for upgrading sub-station at Haldia Dock complex
? Techno-Economic Feasibility Report for developing a port-cum-shipbuilding and ship-repairing cluster at Dugarajapatnam, Andhra Pradesh ? Pre-Feasibility Report for Development of Shipbuilding
Facilities near Paradip Port
? DPR for Construction of Eastern Breakwater and Jetty at
Porbandar along with associated services
? DPR for setting up a Green Hydrogen/Ammonia handling Port Terminal at Paradip Port
? DPRs for Development of IWT in River Chhimtuipui and River Tlawng (NW-102), Mizoram and Shilloi and Noune Lake in Nagaland
? Third Party inspection/Quality Assurance services for Jal Jeevan Mission Project in Rajasthan.
LOCOMOTIVE LEASING
In the rolling stock leasing segment, RITES owns a fleet of 91 locomotives which are operating on the wet lease basis at 30+ sites in various sectors such as power (NTPC and
State Electricity Boards/Corporation), steel (SAIL, TATA, and JSPL), ports (Visakhapatnam, Mormugaon, Dhamra, Gopalpur), infrastructure (L&T and TATA) and other sectors. The Company continues to provide services for operation and maintenance of railway systems to domestic non-railway clients in power, steel, logistic and port sectors. At present, it is engaged in maintenance of over 225 diesel locomotives and 1550 wagons at 60+ sites across the country.
The Offerings:
? Leasing of RITES locomotives;
? Operation and maintenance of locomotives (diesel & electric) and wagons; ? Operations and maintenance of machinery, plants and equipment;
? Train running and related operation in private yards and sidings;
? Periodic overhaul/ major schedules of locomotives, wagons and diesel generator sets;
? Railway system management, including the operations, workshops, depots and ancillary facilities;
On the Job:
During the year, the Company has undertaken the following projects (select ones):
? Retrofitting of Rolling stock for DMRC ? Leasing of 7 locomotives to GSECL
? Leasing of locomotives and operations at Tata Steel, Kalinganagar
? Leasing of 6 locomotives to SAIL
? Leasing of locomotive at Barsu and Dalli mines, SAIL
? Project Management Consultancy (PMC ) for tracks renewal at Rihan ? O&M at MGR Railway System DSTPP NTPC
? Track Maintenance work at Bhakra and Beas project
EXPORT OF RAILWAY ROLLING STOCK
RITES is the nodal agency for export of rolling stock manufactured in Production Units of the Indian Railways, other domestic industries and OEMs. It collaborates with the manufacturers of Locomotives, Coaches, Trainsets and Wagons for customisation and for ensuring quality and timely delivery of rolling stocks to the clients abroad. It offers integrated and customised export packages to meet the transport requirements of clients having railways/metro operations on Meter, Cape, Standard and Broad Gauge.
It renders technical consultancy for establishment and modernisation of workshops, facility planning for rolling stock maintenance, training etc to overseas clients. Spare part support is also guaranteed after the delivery of the stock as per contract terms.
The Offerings:
Supply and commissioning of rolling stock, including locomotives, DEMU trainsets, passenger coaches etc.
Incidental services, including maintenance of rolling stock and training of personnel
Rehabilitation/ upgradation of rolling stock Consultancy/turnkey execution for upgradation of existing rolling stock maintenance facilities
Consultancy/turnkey execution for development of rolling stock maintenance facilities including supply, installation and commissioning of machinery and plant for maintenance of rolling stock Technical consultancy and feasibility study, detailed planning and techno-economic analysis for optimising investment decisions in rolling stock maintenance Supply of equipment for maintenance of P-Way and other railway infrastructure.
On the Job:
During the FY24-25, the Company has undertaken the following projects (select ones):
? Supply of six (06) 3100 HP in-service ALCO Cape Gauge
Diesel Electric Locomotives to NTOKOTO Rail Leasing
(Pty) Ltd., South Africa
? Supply of Spares of Locomotives, Coaches and DEMU sets to Sri Lanka Railways ? Supply of 6 units each of buses, ambulances and pickup vans to Govt. of Comoros under grant as a project implementing agency on behalf of the Ministry of External Affairs.
? Supply of 200 passenger coaches (7 variants) to Bangladesh Railways ? Supply of ten (10) 3300 HP Cape Gauge, Diesel Electric
Locomotives to CFM, Mozambique
? Supply of 6 units each of Buses, Ambulances and Pickup Vans to Govt. of Comoros under grant on behalf of the
Ministry of External Affairs
? Incidental Services of ninety (90) Passenger Coaches including five (5) DEMU sets comprising 6 coaches each for CFM, Mozambique
? Incidental Services of six (06) Diesel Electric Locomotives for CFM, Mozambique
? Supply of Spares of Locomotives, Coaches and DEMU sets to Sri Lanka Railways
? Warranty support for ten (10) locomotives, 160 coaches and eight (8) DEMU sets supplied to Sri Lanka Railways.
QUALITY ASSURANCE
RITES provides Quality Assurance Services, including
Pre-dispatch Inspections, In-process/Stage inspections,
Lab Testing, Vendors Capacity & Capability Assessment, Independent Safety Assessments & Product Conformity assessments to its customers. RITES has trained and certified experts in the areas of Ultrasonic, Magnetic, Dye-Penetrant, Radiography, High Voltage, Metrology and Metallurgical Testing. RITES QA Vertical has ISO 17020 & ISO 17065 Accreditations, these are specialised Accreditations related to conformance criteria of Inspection/Product Conformance bodies accorded by NABCB (a body under Quality Council of
India). RITES QA laboratories are also accredited to ISO/IEC
17025 by NABL and conform to the rigorous requirements of this international standards.
The offerings:
Third-party inspection of material in India and abroad; in-process / stage inspection of material; Vendors capacity and capability assessment; Independent Safety Assessments (ISA), Product Conformity Assessments, surveillance audit of vendors and products; development of Quality Assurance Plans (QAPs); Independent Agency for Monitoring and Evaluation (IAME) for Energy Efficiency Standard and Star Labelling Programme for consumer durables and other electrical equipment; Independent Review and Monitoring Agency (IRMA) for Infrastructure Projects.
On the Job:
During the FY24-25, under the Quality Assurance Vertical, the Company has attended more than 90000 Inspection calls all over India and has undertaken the following projects, to name a few:
? Authorised inspection agency for Indian Railways for rails, plant and machinery, wheel sets, wheel and axle, springs and other components of rolling stock in India as well as abroad ? Independent Safety Assessor (ISA) for rolling stock under procurement by Indian Railways
? TPI agency for inspection & testing of Rails at SAIL Bhilai
& JSPL Bhilai
? TPI of Solar Panel Materials, Solar PV Modules, Grid Roof
Top Solar Panels under PM Surya Ghar Muft Bijli Yojna and related accessories for Railway & Non-Railway Clients
? Inspection of Artisans & Craft people trade toolkits under
PM Vishwakarma Yojna
? Independent Safety Assessment (ISA) at Integral coach Factory (ICF) & Rail Coach Factory (RCF)
? Third Party Inspection work for Sri Lanka Railways
? Vendor Assessment for Government e-Marketplace (GeM)
? Third Party Inspection for goods procured for sewage works under AMRUT 2.0 for Rajasthan Urban Drinking
Water Sewerage and Infrastructure Corporation Ltd. ? Inspection of mobile phones and tablets for UPDESO under Swami Vivekananda Yuva Sashakti Karan Yojana ? Analysis/Testing of coal samples for Coal Controller Organisation ? Surveillance activities of components in and around HAL
Division, Bangalore for Vikram Sarabhai Space Centre ? Third-Party Inspection and Certification for issue of clearance for Critical work permits at various Retail Outlets & Construction Supervision, Bottling Plant Inspection Work for IOCL in Uttar Pradesh, Assam, Gujarat. Maharashtra, Rajasthan, Uttarakhand ? Third Party Inspection for Gun Carriage Factory Jabalpur
? Pre-dispatch inspection and capacity assessment of industrial units for RINL, Visakhapatnam
? Third Party Inspecting Agency for site inspection for quality and quantity of various schemes of electricity boards
TRANSACTION ADVISORY SERVICES
The Company provides Transaction Advisory services for various Public Private Partnership projects in Infrastructure sector, Project Appraisal for Investment, Legal Advisory for Institutional framework and Procurement contracts. The Company is empanelled as Transaction Advisor for PPP Projects with Department of Economic Affairs (DEA), Ministry of Finance, Govt. of West Bengal, Rajasthan Financial Services Delivery Limited, Govt. of Goa & other government ministries/ departments. The Company is empanelled as Transaction Advisor for Asset Monetisation of projects under InvIT and ToT mode with NHAI.
The Offerings: |
Pre-feasibility and market studies |
Project structuring and stakeholder consultation |
PPP Transaction Advisory |
Business plans, bankability studies, benchmarking, and strategic advisory |
Asset Valuation Studies |
Transaction Advisory for Asset Monetisation |
Financial and Commercial Appraisal of projects |
Policymaking and Regulatory advisory |
Bid process management |
Consult ancy for private investment s in infrastructure projects |
Financial, Tax and Legal due diligence. |
On the Job: |
During the year, the Company has undertaken the following projects (Select ones): |
? Transaction Advisory services for Monetisation of projects under Toll Operate and Transfer Mode for Bundle 15 & 16 for NHAI |
? Transaction Advisory services for Monetisation of NH projects under Infrastructure Investment Mode for Round 4 for NHAI |
? Bid Advisory and Financial Analysis for Selection of Service Provider for procurement, operation and maintenance of
Specialised Wagons for bulk movement of food grains from procurement silos to consuming silos for Food Corporation of India (FCI)
? Transaction Advisory services for selection of developer for developing student hostels and other infrastructure facilities at IIIT-Una on PPP basis ? Completed the transaction for FCI relating to procurement of 208 Specialised Wagons (BCBFG) for bulk movement of food grains for a period of 30 years.
URBAN ENGINEERING
This Subunit provides comprehensive consultancy services in all aspects of planning of urban infrastructure and urban transport for various systems (Metro, Metrolite, Metro-Neo, LRT, Monorail, BRTS), Development of Transport Sector
Master Plans, Traffic Engineering/Management, Transport
Demand Modeling, Comprehensive Mobility Plans, Bus
System Planning/ Operation, planning & Design of Rail-Based
Mass Rapid Transit System, Station Planning & Inter-modal Integration facilities, City Logistic Plan, Transit Oriented Development Studies etc.
A Project Management Group is a part of this subunit, which provides extensive consultancy service in the sector of Urban planning for studies like development of Industrial estates, waterfront development plan, sustainable green field cities, development of Edu-cities etc.
The unit has done studies for
? Feasibility, Alternative Analysis Report and Detailed Project Report for Rail Based MRTS more than 35+ Cities ? Comprehensive Mobility Plans (CMPs)/ Comprehensive Traffic & Transport Studies (CTTS) more than 25 Cities
? Bus System Planning and Design more than 10+Cites
? Multimodal Transport Integration/ Transit Oriented Development more than 15+ stations ? Projects City Logistics Plan/ Rail Traffic Studies 2 cities.
On the Job:
During the year, the company has undertaken the following projects (Select ones):
? Detailed Architectural Planning, preparation of bid document and bid process management for construction works as per approved Multimodal Integration plan around 7 stations in Gujarat of MAHSR project
? Consultancy study for Rush Management Plan and
Passenger Holding Area of 5 stations of Northern Railway
- New Delhi, Ayodhya Dham, Varanasi, Anand Vihar
Terminal & Ghaziabad stations
? Providing anticipated cost of doing Re-Feasibility study, FLS survey and preparation of DPR of the existing Metro
Corridor from Michael Nagar to Barasat of Noapara-Barasat Metro Project in Kolkata
? Conducting Traffic & Transport Studies for New Metro Routes, Reviewing of Phase II DPR (2020) and Preparation of DPR for Feasible/ selected routes and other works for
Jaipur Metro Rail
? Comprehensive Mobility Plan for Jaipur
? DPR for Metro Connectivity from Sector-56 to Panchgaon, Gurugram ? DPR for Mass Rapid Transit System between Koyambedu and Avadi and extension up to ORR Crossing
? Extensive study, review of existing system and prepare a feasible design of infrastructure to develop the OIL township at Duliajan as Mini Smart City ? DPR, EIA & SIA Report for Southern Extension of Mumbai Metro Line-3, Cuffe Parade to Navy Nagar
SUSTAINABILITY & GREEN MOBILITY
The Sustainability & Green Mobility is dedicated to sustainability related projects, to foster environmental conscious practices across various sectors. This unit plays a pivotal role in promoting environmental stewardship and ensuring the integration of eco-friendly solutions in the urban development projects. It also aims in revolutionising transportation by prioritising sustainability and environmental responsibility. Its core focus lies in developing, promoting, and implementing eco-friendly modes of transportation that minimise carbon emissions and reduce environmental impact. The unit provide services for following sectors:
National Clean Air Program (NCAP) implementation Environment, Social and Governance (ESG) Solid waste management and Used Water Management
Source Apportionment Study |
Net Zero and Decarbonisation |
Environment and Social Impact Assessment studies |
Pollution Abatement studies |
Lake/River rejuvenation |
Green Mobility |
Services in Green Mobility includes Green Mobility Action Plan (GMAP), Non-Motorised Transport (NMT), Footpath & Cycle Track Network Identification, Charging Infrastructure,
Improving Green Spaces/Recreational Parks.
On the Job:
During the year, the Company has undertaken the following projects (Select ones):
? Environmental and Social Impact Assessment for the Millennium City CentreCyber City metro corridor, Gurugram ? Environmental Impact Assessment Bareilly and Banda Master Plan 2031 ? Social Impact Assessment (SIA) study, Social Management Plan, Implementation Plan, and Rehabilitation & Resettlement (R&R) Policy Plan for Thane Integral RingMetro Rail Project
? Consultancy services and support for external environmental and social monitoring of the Bengaluru Suburban Rail Project ? Detailed Project Report (DPR) for integrated solid waste management and IoT-enabled infrastructure enhancement in Duliajan township, Assam.
Through innovative technologies and forward-thinking solutions, the Sustainability & Green Mobility sub-unit strives to address the pressing challenges of environment, climate change and urban congestion.
VIII. PEOPLE MANAGEMENT
As a consultancy organisation, RITES continually strengthens its talent base by inducting skilled professionals across disciplines. The Human Resource Department plays a pivotal role in aligning people practices with business goals focusing on talent acquisition and retention, employee engagement, career development, wellness initiatives, and the holistic growth of human capital.
Backed by a strategic and responsive HR framework, RITES fosters a work environment that motivates, empowers, and retains talent to drive sustained excellence.
Employee strength & its attrition
As on March 31, 2025, RITES had a total employee strength of 2714 employees. The company has an attrition rate of 3.10%, well below the industry average a testament to its people-first approach, inclusive policies, and career-building opportunities.
1. Employee strength as on 31.03.2025 |
|
Regular | 1755 |
Contractual | 805 |
Consultants | 79 |
On deputation | 38 |
Advisors | 37 |
Total |
2,714 |
2. Attrition rate of regular employees |
|
FY19-20 | 2.17% |
FY20-21 | 1.65% |
FY21-22 | 1.81% |
FY22-23 | 1.58% |
FY23-24 | 1.99% |
FY24-25 | 3.10% |
Recruitment
To maintain its competitive edge, RITES is committed to attracting and inducting the best talent across all levels from fresh graduates and engineer/ management trainees to deputationists, retired professionals (as experts and advisors), and personnel on third-party payroll.
With a focus on inclusivity and merit, RITES has institutionalised best recruitment practices that foster equal opportunities and a harmonious work environment. The Companys recruitment policies reflect its forward-looking approach and its commitment to being an Equal Opportunity Employer, particularly in advancing representation of SC, ST, OBC, EWS, Minorities, Women and Divyang (PwBD) employees.
In the reporting year, RITES inducted a total of 356 professionals, comprising:
Of the total inducted workforce, 191 individuals belong to the EWS/ SC/ ST/ OBC categories (regular and contract), underscoring the Companys commitment to social equity and inclusive growth. Further, 4 Divyang (PwBD) candidates were also inducted.
Career Progression
RITES is committed to nurturing internal talent by offering clear and merit-based pathways for advancement. Its promotion and transfer policy is designed to ensure that employees have ample opportunities for growth, aligned with their merit, performance, professional achievements, and the Companys evolving business needs. The policy also supports organisational agility and sustainability in a competitive environment.
During FY 202425, the promotion process was conducted for 573 eligible employees across disciplines, levels, and regions. As a result, 302 employees comprising both executive and non-executive staff were promoted, reinforcing a culture that values dedication and performance.
Additionally, in line with the job rotation policy for sensitive posts and to support project needs, learning opportunities, and individual career progression, 533 employees were transferred across verticals and regions during the year. This not only enriches professional experience but also strengthens cross-functional capabilities within the organisation.
Learning & Development
RITES is committed to nurturing a future-ready workforce capable of navigating an increasingly dynamic and competitive business landscape. With digital transformation and rapid industry shifts at the forefront, continuous learning, reskilling, and upskilling have become key pillars of our people strategy.
To meet these evolving demands, RITES has adopted a comprehensive learning and development framework that includes a blend of training programmes, workshops, seminars, conferences, and capacity-building sessions, delivered through both online and offline modes. These initiatives span a wide array of domains technical, functional, behavioural, well-being, and emerging technologies.
We collaborate with a diverse range of reputed institutions including Indian Railway academies, Centralised Training Centres, premier business schools, and other leading agencies to transform our engineers into future-ready managers and leaders. During FY2025, the Company achieved a total of 12,350 training man-days, reflecting its steadfast focus on employee capacity building.
To further promote cross-functional knowledge exchange and institutional learning:
RITES launched the RITES Samvaad Series, an interactive knowledge-sharing platform featuring internal subject matter experts.
The Company introduced Saksham a centralised knowledge repository portal offering seamless access to training content, session materials, and development data.
In addition to general capacity-building initiatives, RITES conducted multiple specialised training programmes, some of them are as under:
? A 3-day training on Advanced Concrete Technology in collaboration with IIT-Roorkee
? A 5-day programme on Mechanised Maintenance, Track Tolerance, and Monitoring at IRICEN Pune
? A 5-day workshop on Fabrication and Inspection
Steel Girders, also at IRICEN Pune.
Recognising the importance of mental well-being in professional growth, RITES also conducted mental wellness sessions under the RITES MITRA scheme, reinforcing a workplace culture that is supportive, resilient, and performance-driven.
Through these initiatives, RITES reaffirms its commitment to cultivating a high-performance, learning-oriented culture empowering employees to lead with competence, confidence, and creativity across verticals and regions during the year. This not only enriches professional experience but also strengthens cross-functional capabilities within the organisation.
Digitalisation
Our HR function continued to advance its digital transformation journey, enhancing operational agility, efficiency, and accessibility. We have digitised 750 employees files in the current financial year in addition to the previous years 6,500 employees file to streamline record management. Core HR processesranging from leave administration and performance appraisals to property disclosures and transfer postings are now fully digitised. Our e-office platform has also been made bilingual, promoting the progressive use of Hindi in official workflows. These initiatives reflect our commitment to building a responsive, future-ready organisation.
Employee Engagement
At RITES, employee engagement is rooted in collaboration, transparency, and inclusivity. The Company actively encourages its workforce to participate in decision-making processes on matters related to service conditions, grievance redressal, and productivity enhancement.
To facilitate this, RITES has established CONCERT a consultative council comprising both elected and nominated representatives from all sections of employees. This forum serves as a vital channel for continuous communication between management and staff, fostering a culture of mutual trust and shared responsibility.
In addition, RITES recognises and celebrates outstanding contributions through a structured Awards and Recognition programme, acknowledging both individual and group achievements across the organisation.
Well-being over welfare
RITES has evolved from the traditional concept of employee welfare to a more holistic and proactive approach focused on employee Well-being. This shift emphasises not just the standard entitlements, but the overall health, motivation, and quality of life of employees and their families.
RITES provides a comprehensive range of perks, allowances, and non-monetary benefits that support enhanced living standards, including: Transportation facilities, housing and leased accommodation and medical facilities and health insurance. Building on these, the Company has introduced several wellness-centric initiatives, such as regular medical check-ups, reimbursement of OPD expenses, including long-term and dental treatments, and the availability of in-house doctors at RITES offices.
Healthcare & Security
Recognising the diverse healthcare needs of both current and retired employees:
? A buffer amount is provided under the Group Mediclaim Policy for both serving and retired employees
? Tie-ups with reputed healthcare providers ensure access to cashless or discounted treatment
? A dedicated Post-Retirement Medical Scheme (PRMS) Cell and Abhaar Committee address the medical concerns of retired employees.
In addition, to provide social security to employees families, RITES offers Group Term Insurance, Personal Accident Insurance Plans and Superannuation benefits, including Provident Fund, Gratuity, Pension, and Post-Retirement Medical Scheme.
Holistic Development
? A Scholarship Scheme motivates the wards of employees by recognising academic excellence.
? Annual sports events and fitness-driven activities such as Walk The RITES Way are organised across various locations to promote physical well-being.
? Regular health camps and wellness talks are conducted to spread awareness and encourage preventive healthcare practices.
Women Empowerment
RITES continues to champion gender inclusivity and leadership across all operational domains, with women professionals making significant contributions from technical and administrative roles to apex-level positions. To support their growth, the Company regularly undertakes initiatives focused on skill development, wellness, and recognition.
In a significant step forward, RITES joined the Women in Public Sector (WIPS) forum in early 2025, reinforcing its commitment to fostering visibility and collaboration among women in the public sector.
Key Initiatives & Engagements:
1. Training & Sectoral Exposure RITES organised multiple POSH training sessions and facilitated participation in key external forums, including:
? The 35th WIPS National Meet (Feb 2025, SCOPE) ? I C SI s s e s sio n o n Wo m en in Sustainable Development ? TunnelFem 2025 celebrating women in tunneling and geotechnical engineering.
2. Sports Participation
Women employees actively participated in sporting events, including the Inter-Organisational Badminton Tournament 2024, where Ms. Manjita won 1st place in Ladies Singles, showcasing talent and team spirit.
3. Recognition & Awards
RITES continues to celebrate womens excellence, including Ms. Jyotsna Dixit, JGM (Tunnelling), who was conferred the TunnelFEM2025 Award for her outstanding contribution to the field.
4. International Womens Day 2025
Celebrated with enthusiasm, the event featured a motivational session by Col. Amarjot Kaur (Indian Army), interactive discussions, and the announcement of Child Care Leavea gender-sensitive step supporting work-life balance.
Grievance Redressal
RITES has established a robust and transparent grievance redressal mechanism to address concerns raised by employees, ex-employees, and members of the public. A centralised complaint cell is in place to manage the registration, monitoring, and timely disposal of grievances.
For employees, grievances can be conveniently submitted online through the Employee Self Service (ESS) portal, ensuring ease of access and accountability. Additionally, ex-employees and the general public can lodge complaints through the RITES official website or the CPGRAMS (Centralised Public Grievance Redress and Monitoring System) PG Portal.
To further strengthen the system, two dedicated Standing Committees have been constituted one each for serving and retired employees aimed at reinforcing the grievance handling framework and ensuring fair and empathetic resolution of issues.
Contribution to Government Initiatives
RITES has consistently aligned its business and governance objectives with the flagship initiatives of the Government of India, reaffirming its commitment as a responsible and forward-looking public sector enterprise. The Company proactively supports and participates in national programmes such as Year of Cooperatives, PM Internship Scheme, Skill India, Swachh Bharat Mission, Startup India, Make in India (with a special focus on MSMEs) and Digital India etc.
During the year, RITES procured goods worth 90.13 crore from Micro and Small Enterprises (MSEs) including those owned by SC/ST entrepreneurs and women against a total procurement of 336.52 crore, showcasing a strong commitment to inclusive and equitable economic growth. RITES is now registered in all five TReDs portals hence streamlining invoice financing for MSMEs by enabling faster payments through transparent, digital transactions and helping them reduce working capital constraints. It is also encouraging MSMEs to register onto the portal so that they can take the benefits of this initiative. Further for seamless transactions, RITES has also integrated Companys ERP system with the GeM portal.
X. INTERNAL CONTROL SYSTEMS
RITES have an effective internal control and audit systems for maintaining efficiency of operations and compliances of applicable laws and regulations. The organisation has well structured policies and guidelines which are well-documented with predefined authorities. Detailed Manual is in place to guide and strengthen the internal checks and controls. The internal control system has been further strengthened through:
Internal financial controls
The Companys internal financial controls are reviewed and audited regularly to assess their adequacy, relevance, and effectiveness, in line with Clause (i) of Sub-section 3 of Section 143 of the Companies Act, 2013. A report on internal financial controls is annexed to the Independent Auditors Report, which evaluates whether the Company has, in all material respects, an adequate internal financial control system over financial reporting and such controls are operating effectively, based on the criteria for internal control over financial reporting established by RITES, in alignment with the essential components of a sound internal control system.
ISO Certification
RITES has been ISO 9000 series-certified since 1999, demonstrating its longstanding commitment to quality. The current certification complies with the ISO 9001:2015 standard, with the Quality Management System (QMS) structured and documented to align with international best practices.
The QMS framework incorporates regular internal audits, management review meetings, customer feedback analysis and risk assessments. These mechanisms form a critical part of RITES internal control system, ensuring regulatory compliance, operational excellence, and continuous improvement in service delivery and risk management.
RITES ISO 9001:2015 certification has been granted by NVT Quality Certification (NVTQC), accredited by the ANSI National Accreditation Board (ANAB).
To strengthen system awareness and competency across the organisation, RITES conducted several training and development initiatives:
? QMS Lead Auditor and Internal Auditor programmes for employees ? Introductory ISO 9001:2015 sessions for newly inducted staff ? Focused interaction programmes for Management
Representatives and Internal Auditors across all functional areas.
In addition, the RITES QA Vertical is accredited to ISO 17020:2012 Standard by NABCB, (A body under Quality Council of India) to ensure compatibility of its inspection services to international norms. It has material testing laboratories in Regional Inspection Offices which are also accredited as per ISO 17025: 2017. It is also accredited to ISO 17065:2012 to become the first Govt. Certification body for rolling stock and its products in India.
Risk Management System
RITES has instituted a robust Risk Management Framework to proactively identify, assess, and mitigate potential risks that may impact its business objectives. The framework is overseen by a dedicated Risk Management Committee of the Board of Directors, which ensures that appropriate methodologies, systems, and processes are in place to manage business and financial uncertainties effectively.
The risk management system encompasses the entire risk lifecycle from identification and prioritisation to monitoring and mitigation across strategic, operational, regulatory, and financial domains. Given the nature of its operations, RITES is exposed to key financial risks, including market risk, credit risk and liquidity risk. To address these, the Company has implemented a Financial Risk Management System that aims to anticipate market volatility and minimise adverse impacts on its financial performance.
Besides, requirements related to the risk management in accordance with ISO9001: 2015 have also been implemented.
Treasury risk & liquidity management
RITES has adopted a Board-approved policy for the prudent investment of surplus funds, formulated in alignment with the guidelines of Government bodies, including the Department of Public Enterprises (DPE) and the Companies Act. Within this policy framework, the Company continues to optimise returns on surplus funds through efficient decision-making. Surplus funds are judiciously deployed in bank deposits, mutual funds, and corporate bonds, ensuring optimal yield.
Given the Companys growing portfolio of international projects, exposure to foreign exchange fluctuations is a key area of financial risk. To manage this, RITES has instituted a Currency Risk Management Policy, which outlines a structured approach to:
? Risk identification and assessment
? Benchmarking and hedging strategies
? Risk appetite and permissible instruments
? Governance structure including a Treasury Risk
Management Committee
? Reporting protocols and monitoring mechanisms
The Company has a Treasury Risk Management Committee that oversees implementation, with support from external consultants and economists engaged as needed. Regular monitoring of exchange rate movements helps mitigate currency risks and protect project margins.
Demonstrating its financial strength and disciplined fiscal management, RITES has been assigned the following credit ratings by Infomerics Valuation and Rating Ltd.:
? IVR AAA/Stable (IVR Triple A with Stable Outlook) for Long-Term Bank Facilities up to 3615 crore
? IVR A1+ (IVR A One Plus) for Short-Term Bank Facilities up to 175 crore.
These highest credit ratings reflect the Companys robust financial health and risk management practices. They also enable RITES to secure non-fund-based facilities on favourable terms, further enhancing operational efficiency and competitiveness.
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