RITES Limited, a premier transport infrastructure consultancy organisation, has partnered with the Centre for Development of Advanced Computing (C-DAC) to enhance IT solutions in consultancy assignments. This collaboration, formalised through a Memorandum of Understanding (MoU), aims to integrate advanced digital technologies into consultancy services.
The share price of RITES was trading in the green as of 11:15 AM on February 13, 2025, up by 0.71%.
Under the MoU, RITES and C-DAC will explore potential collaborations in various IT domains, including:
As an initial step, RITES and C-DAC will work together to develop the ‘MAITRI’ platform, designed to digitise trade information and facilitate seamless cargo movement between Indian and Middle Eastern ports. This initiative is part of the first phase of the international Virtual Trade Corridor, which aims to enhance cross-border logistics and efficiency.
RITES Limited, a Navratna Public Sector Enterprise, is a leading consultancy and engineering firm in India’s transport sector. With 5 decades of expertise, the company has successfully delivered projects across 55 countries, spanning Asia, Africa, Latin America, and the Middle East.
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Published on: Feb 13, 2025, 4:04 PM IST
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