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
Madhya Pradesh Logo IM
Madhya Pradesh Becomes First State to Use AI for Real-Time Forest Monitoring
1018800-975297-upsc-exams
Chhattisgarh Govt to Grant ₹1 Lakh Incentive to UPSC Mains Qualifiers; Move Aims to Encourage Civil Services Aspirants
Kumar Ashish IPS
Bihar: Saran SSP Kumar Ashish Cracks Down on Police Negligence, Salaries of 98 Officers Stopped, 18 Rewarded for Swift Action
IAS Officers Indian Administrative Services (IAS)
IAS Dheeraj Garbyal’s Facebook Post Sparks Controversy Across Uttarakhand Bureaucracy
Ashok Khemka
IAS Ashok Khemka Set to Retire After 33-Year Career Marked by 57 Transfers, Leaves Behind a Legacy of Integrity & Resistance - Know More!
NBCC
NBCC Bags ₹130.58 Crore Order from NEEPCO; Continues Strong Momentum with Series of Project Wins
IREDA logo 1
IREDA Announces 4 Key Senior Management Appointments - Know More About Them
Pandit Rajesh Uttamrao IPS
Odisha Govt Extends Suspension of IPS Officer Pandit Rajesh Uttamrao for Fourth Time
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
Madhav Agarwal UPSC
He Wanted to Be a CA, Became IPS, and Now IAS: Witness Madhav Agarwal’s Extraordinary UPSC Journey
Madhav Agarwal, from Gwalior, overcame setbacks and four UPSC attempts to secure 16th rank and achieve...
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...
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
Madhya Pradesh Logo IM
Madhya Pradesh Becomes First State to Use AI for Real-Time Forest Monitoring
1018800-975297-upsc-exams
Chhattisgarh Govt to Grant ₹1 Lakh Incentive to UPSC Mains Qualifiers; Move Aims to Encourage Civil Services Aspirants
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Aakash Garg
Sandeep M Tamgadge
Shivang Tiwari UPSC
ADVERTISEMENT
ADVERTISEMENT