Team News Riveting
New Delhi, January 26
Gurugram, January 25
RITES Limited, a leading Transport Infrastructure Consultancy and Engineering company, and the Asian Institute of Transport Development (AITD), New Delhi, have entered into a memorandum of understanding (MoU) to collaborate for strengthening infrastructure facilities, promoting multimodal transport system and addressing environmental concerns.
Under this agreement, RITES and AITD will collaborate for technical services, including multimodal connectivity and consultancy assignments, knowledge sharing, and research & development etc. The partnership intends to improving infrastructure facilities & transport services, promoting multimodal mobility solutions to increase efficiency of logistics of international production and distribution, and addressing environmental concerns to build infrastructure for the future.
RITES Limited is a Miniratna (Category – I) Schedule ‘A’ Public Sector Enterprise and a leading player in
the transport consultancy and engineering sector in India, having diversified services and geographical
reach. The company has experience spanning 47 years and has undertaken projects in over 55 countries
across Asia, Africa, South America, and Middle East region. RITES Limited is the only export arm of
Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia, and Indonesia).
Asian Institute of Transport Development (AITD) is an independent, not-for-profit organization devoted to capacity building, non-partisan research and regional cooperation in the infrastructure sector with special focus on transport, trade and logistics. Set up in 1989, the Institute has been granted a special consultative status by the United Nations Economic and Social Council. The Institute provides substantive support to groupings such as SAARC, BIMSTEC, Mekong-Ganga Cooperation, ECO, GMS, ASEAN, etc.
