RITES Ltd. on Thursday signed a memorandum of understanding with the Delhi Metro Rail Corp. to identify, secure, and execute metro projects in India and abroad, a press release said. RITES is a transport infrastructure consultancy under the Ministry of Railway.
The DMRC operates and maintains Delhi's extensive metro rail network and this strategic collaboration will focus on offering services in several areas, including general consultancy, project management, detailed design, and feasibility studies, the release from RITES said.
"The partnership aims at tapping opportunities in the urban transit system space, delivering world-class solutions for both domestic and international projects," the company said.
"Also, the alliance syncs with RITES' ongoing efforts to expand its global footprint under its 'RITES Videsh' initiative. With DMRC's extensive experience in metro rail operations and RITES' proven expertise in transport infrastructure, both entities are well-positioned to pursue emerging opportunities," it added.
RECOMMENDED FOR YOU

India To Soon Surpass US In Metro Connectivity: Union Minister Khattar


RBI Acquires Metro Rail’s Nariman Point Plot For Rs 3,472 Crore


Union Cabinet Approves Phase-IB Of Lucknow Metro Project For Cost Of Rs 5,801 Crore


Centre Contributed Just 20% Of Bengaluru Metro Rail Project Cost, Says Deputy CM Shivakumar
