Published On:June 14 2024
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RITES and DMRC Ink MoU for Metro Railway Systems Partnership Domestically and Internationally
RITES Limited and Delhi Metro Rail Corporation (DMRC) have formalized a Memorandum of Understanding (MoU) to collaborate on operations and management projects of Metro Railway Systems, spanning both domestic and international arenas.
The partnership aims to focus on key areas such as rolling stock, depot management, station management, and the maintenance of railway infrastructure. According to a media release, this collaboration is intended to streamline the process of identifying and executing consultancy assignments for Metro/LRT/Mass Rapid Transit Systems.
RITES Limited, a prestigious Navratna Public Sector Enterprise renowned for its expertise in transport consultancy and engineering, brings over 50 years of experience to the table. The company has successfully delivered projects in more than 55 countries across various regions globally.
In a concerted effort, RITES and DMRC will leverage their respective strengths to enhance business capabilities and ensure successful outcomes in the operations and management of Metro Railway Systems. This partnership marks a significant milestone in advancing efficient and effective transportation solutions, reaffirming their commitment to both the domestic and international metro railway sectors.
ET