The state-owned transport infrastructure consultancy RITES Limited has signed a memorandum of understanding (MoU) with Delhi Metro Rail Corporation (DMRC), in a bid to combine their strengths to identify, secure, and execute metro projects in India and abroad.
This awaited strategic collaboration will focus on offering services in areas including general consultancy, project management, detailed design, feasibility studies and others. The partnership aims to tap into opportunities in the urban transit system space and deliver world-class solutions for both domestic and international projects.
The said collaboration between the two eminent entities 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.