https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

RITES to Deliver 200 Broad Gauge Carriages to Bangladesh in $111 Million Deal

The signing ceremony in Dhaka was attended by officials from both RITES and Bangladesh Railway, with Bangladesh Railways' Minister Zillul Hakim present
Indian Masterminds Stories

RITES Limited, a leading engineering consultancy firm, signed a contract on Monday to supply 200 Broad Gauge (BG) passenger carriages to Bangladesh Railways. The contract, valued at $111.26 million (approximately Rs 915 crore), is funded by the European Investment Bank (EIB) and was secured through a global competitive bidding process.

Under the terms of the agreement, RITES will not only supply the carriages but also provide expertise in design, spare parts support, and training. The contract stipulates a supply and commissioning period of 36 months, followed by a 24-month warranty period.

The signing ceremony in Dhaka was attended by officials from both RITES and Bangladesh Railway, with Bangladesh Railways’ Minister Zillul Hakim present.

This contract underscores RITES’s dedication to promoting growth through the export of indigenously developed, world-class railway rolling stock, aligning with the ‘Make in India, for the World’ vision.

RITES has a long-standing partnership with Bangladesh in infrastructure development. Previously, it supplied 120 BG Passenger Coaches (LHB type), 36 BG locomotives, and 10 Meter Gauge locomotives to Bangladesh Railways, along with collaborating on other infrastructure projects.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Chhattisgarh Forest New
Chhattisgarh's IFS Officers Outshine IAS and IPS in Wealth: Top Forest Officials Are Crorepatis - Full Details Inside
IAS Mugdha Sinha
Who Is IAS Mugdha Sinha, the New MD of India Tourism Development Corporation?
Reserve-Bank-of-India_RBI_resized
RBI Directs Banks to Ensure ATMs Dispense Rs 100 and Rs 200 Notes
Central Bank of India
Central Bank of India Q4 Profit Rises 28% to ₹1,034 Crore, Asset Quality Improves
Renewable Energy
India Can End Coal Imports by 2029, Save $66 Billion with 50-GW Annual Renewable Push: Report
IAS Sanjeev Hans
IAS Sanjeev Hans Accused of ₹1 Crore Bribe for Favourable NCDRC Settlement, Says ED
telangana-police-resized
Race for Telangana DGP Heats Up as Govt Sends List of 7 IPS Officers to UPSC
IFS sameer rastogi
Who Is IFS Sameer Rastogi, the Newly Appointed PCCF of Himachal Pradesh Forest Dept?
ADVERTISEMENT
ADVERTISEMENT
Videos
Aakash Garg
Computer Engineer Aakash Garg Takes AIR-5 in UPSC CSE 2024 Through Sheer Discipline And Hard Work | Exclusive
Sandeep M Tamgadge
How IPS Sandeep M Tamgadge’s Journey Can Guide Your UPSC Preparation
Shivang Tiwari UPSC
No Icons to Follow Just the Urge to Solve Real Problems | Shivang Tiwari 
ADVERTISEMENT
UPSC Stories
Aakash Garg
Computer Engineer Aakash Garg Takes AIR-5 in UPSC CSE 2024 Through Sheer Discipline And Hard Work | Exclusive
His homemaker mother feels like a celebrity. Businessman father is on cloud 9. Yet, Akash Gang is grounded....
Banna Venkatesh
Banna Venkatesh – From Srikakulam Fields to UPSC Glory: AIR 15 UPSC Topper 2024
From AIR 467 in his first attempt to AIR 15 in his second, Banna Venkatesh’s journey shows what belief...
Sandeep M Tamgadge
How IPS Sandeep M Tamgadge’s Journey Can Guide Your UPSC Preparation
IPS officer Sandeep M. Tamgadge shares his unique journey of attending the LBSNAA foundation course three...
Social Media
Rajan Singh Ex-IPS
Ex-IPS Officer Rajan Singh Shares Powerful Insight on Influence through Action
Mr. Rajan Singh is an ex-IPS officer of the 1997-batch (Kerala cadre) and founder of HabitStrong Org...
Exam Student Aspirant
'Bramhastra' For Aspirants Appearing for UPSC Prelims Exam 2025, ICLS Officer Altap Shaikh Shares Final Month Strategy
Officer Shaikh's practical and focused suggestions come as a timely morale booster for thousands of candidates...
GozJlgrXYAAHoKv
Murals for Cleanliness: Thoothukudi District Launches Art-Inspired Sanitation Drive in Panchayats
Local artists add colour and messages to village walls, promoting hygiene and community pride
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Chhattisgarh Forest New
Chhattisgarh's IFS Officers Outshine IAS and IPS in Wealth: Top Forest Officials Are Crorepatis - Full Details Inside
IAS Mugdha Sinha
Who Is IAS Mugdha Sinha, the New MD of India Tourism Development Corporation?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Aakash Garg
Sandeep M Tamgadge
Shivang Tiwari UPSC
ADVERTISEMENT
ADVERTISEMENT