RITES Wins Major Contract

22 May 2024 CW Team

RITES Limited, a premier engineering consultancy firm, has clinched a significant contract worth $111.26 million to supply 200 broad gauge passenger coaches to Bangladesh Railways. This landmark deal is financed by the European Investment Bank, reinforcing the growing collaboration between India and Bangladesh.

The project, to be executed over a 36-month period, includes design, manufacturing, and supply of the coaches, along with providing necessary spare parts and essential training to Bangladeshi railway personnel. This contract is part of the 'Make in India' initiative, underscoring India's commitment to boost indigenous manufacturing and export high-quality products.

RITES' extensive experience and technical prowess have positioned it as a key player in international railway projects. The company has a robust track record of supplying various types of coaches and locomotives to Bangladesh, which has significantly enhanced the operational efficiency and passenger comfort in the neighbouring country?s rail network.

The new coaches will feature modern amenities and safety measures, aligning with global standards. The supply also includes a 24-month warranty period post-delivery, ensuring sustained support and maintenance. This contract not only highlights RITES' capabilities but also strengthens the economic and infrastructural ties between India and Bangladesh.

The success of this project is expected to open further avenues for RITES in the international market, showcasing India's engineering excellence. The initiative also contributes to India?s export growth and boosts the 'Make in India' campaign by demonstrating the capability to produce and deliver world-class rail transport solutions.

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