Latest News | RITES Signs Pact with Kirloskar Oil Engines

Get latest articles and stories on Latest News at LatestLY. RITES Ltd on Friday said it has entered into a pact with Kirloskar Oil Engines Ltd to jointly explore business opportunities in the areas of export of railway rolling stock, infrastructure and urban transport for domestic and overseas markets.

New Delhi, Dec 16 (PTI) RITES Ltd on Friday said it has entered into a pact with Kirloskar Oil Engines Ltd to jointly explore business opportunities in the areas of export of railway rolling stock, infrastructure and urban transport for domestic and overseas markets.

The company will provide expertise in design, marketing, operation and maintenance, and any other support required for tapping business opportunities, while KOEL will be responsible for the development and manufacturing of customised products.

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"The collaboration with KOEL will not only create a platform to explore business avenues around the globe but also facilitate knowledge sharing to strengthen each other's operations in promoting smart and sustainable infrastructure," RITES Chief Strategy Officer (CSO) Manobendra Ghoshal said.

RITES, a mini ratna public sector enterprise, is into transport consultancy and engineering sector.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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