RITES plans an expansion on the African continent
RAILWAYS & METRO RAIL

RITES plans an expansion on the African continent

The state-owned company RITES Ltd., which specialises in manufacturing locomotives, including the requested ones, has the possibility to conduct business with about a dozen African nations that depend on cape-gauge railway locomotives. First adopted in South Africa, cape-gauge locomotives are thinner than standard-gauge locomotives.

Rahul Mithal, CMD of RITES, mentioned that they secured the order for cape gauge through a competitive bidding process. He noted that approximately 12 neighbouring countries in Mozambique also utilise this specific gauge, presenting a significant opportunity for RITES in terms of rolling stock. Additionally, Mithal highlighted that Africa serves as a promising market for the company, given its existing presence on the continent through several contract acquisitions.

In December 2023, RITES Ltd. entered into an agreement with CFM Mozambique for the provision of diesel locomotives and associated services, totaling Rs 3.14 billion. This agreement entails the delivery of ten diesel locomotives. Furthermore, in terms of consultancy services, the company operates a subsidiary, RITES Africa, headquartered in Botswana, which is engaged in consultancy projects.

Mithal expressed optimism regarding the emergence of numerous consulting project opportunities across the African continent. He emphasised that RITES has a significant track record in project consultancy and rolling stock businesses in Africa and intends to pursue further opportunities in the future.

In addition, RITES Ltd. has an overseas division called RITES Videsh that searches the globe for commercial prospects. To take advantage of the many commercial prospects in the UAE and surrounding nations, RITES Ltd. established a branch office in Abu Dhabi, United Arab Emirates, in March 2024. India and the UAE inked an intergovernmental framework agreement for the IMEC corridor. A Memorandum of Understanding (MoU) between RITES and Abu Dhabi Ports aims to investigate all commercial prospects in the United Arab Emirates, among other things.

The state-owned company RITES Ltd., which specialises in manufacturing locomotives, including the requested ones, has the possibility to conduct business with about a dozen African nations that depend on cape-gauge railway locomotives. First adopted in South Africa, cape-gauge locomotives are thinner than standard-gauge locomotives. Rahul Mithal, CMD of RITES, mentioned that they secured the order for cape gauge through a competitive bidding process. He noted that approximately 12 neighbouring countries in Mozambique also utilise this specific gauge, presenting a significant opportunity for RITES in terms of rolling stock. Additionally, Mithal highlighted that Africa serves as a promising market for the company, given its existing presence on the continent through several contract acquisitions. In December 2023, RITES Ltd. entered into an agreement with CFM Mozambique for the provision of diesel locomotives and associated services, totaling Rs 3.14 billion. This agreement entails the delivery of ten diesel locomotives. Furthermore, in terms of consultancy services, the company operates a subsidiary, RITES Africa, headquartered in Botswana, which is engaged in consultancy projects. Mithal expressed optimism regarding the emergence of numerous consulting project opportunities across the African continent. He emphasised that RITES has a significant track record in project consultancy and rolling stock businesses in Africa and intends to pursue further opportunities in the future. In addition, RITES Ltd. has an overseas division called RITES Videsh that searches the globe for commercial prospects. To take advantage of the many commercial prospects in the UAE and surrounding nations, RITES Ltd. established a branch office in Abu Dhabi, United Arab Emirates, in March 2024. India and the UAE inked an intergovernmental framework agreement for the IMEC corridor. A Memorandum of Understanding (MoU) between RITES and Abu Dhabi Ports aims to investigate all commercial prospects in the United Arab Emirates, among other things.

Next Story
Infrastructure Energy

South West Pinnacle Wins Rs 30 Cr Oman Mining Contract

South West Pinnacle Exploration Ltd has secured a Rs 30 crore contract from Minerals Development Oman (MDO) for mining exploration in concession areas 12B and 13.The two-year project will be carried out via Alara Resources LLC, a JV in Oman. MDO, backed by Oman’s investment authorities, focuses on monetising mineral wealth.The contract covers copper, gold, and chromite and highlights South West Pinnacle’s growing footprint in international exploration and mining services. ..

Next Story
Equipment

Godrej GEG Boosts Intralogistics with AI and Green Tech

Godrej Enterprises Group (GEG) is revolutionising warehouse and factory logistics through its Material Handling Equipment and Storage Solutions arms by integrating AI, IoT, and automation.With 20–25% market share and 85% local sourcing, GEG champions Atmanirbhar Bharat and sustainability. The Chennai plant, a green manufacturing leader, uses RoHS-compliant materials and has slashed energy consumption by 60%.GEG serves e-commerce, FMCG, retail, and cold chains with high-performance racking and electric forklifts. Upcoming IoT-enabled forklifts and telematics solutions aim to improve speed, sa..

Next Story
Infrastructure Urban

Amit Shah Inaugurates Key Projects Across Gujarat

Union Home Minister Amit Shah inaugurated and laid the foundation stone for various projects in Gujarat’s Panchmahal district and Ahmedabad.In Godhra, he inaugurated the Center of Excellence building, sports complex, reservoir, and Miyawaki plantation. In Ahmedabad, he unveiled a new cooperative complex in Adaroda village and a primary school in Juwal.These projects, under the Model Co-op Village scheme, aim to boost education, sustainability, and rural development across the state. ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?