Rites signed a Memorandum of Understanding MoUwith SMEC Group to cooperate and explore infrastructure projects The MoU will enable RITES and SMEC to collaborate and cooperate to explore identify pursue and jointly execute mutually beneficial business opportunities in the infrastructure sector It will allow both companies to leverage each others expertise and technologies to optimise operations and expand on a global level The collaboration will facilitate knowledge sharing and the development of business proposals including exploring consultancy opportunities arising at various governmentsemi governmentautonomous bodies or authoritiesprivate entitiesmultilateral-funding agencies
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