Published On:December 7 2023
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"RITES and MIDC Join Forces to Enhance Multi-Modal Logistics Projects"

RITES Ltd, a leading consultancy and engineering firm specializing in transport infrastructure, has formalized a Memorandum of Understanding (MoU) with Meghalaya Industrial Development Corporation Ltd (MIDC). The agreement is poised to pave the way for the development of Multi-Modal Logistics projects in Meghalaya.

Under the terms of the MoU, RITES will lend its expertise as a Project Management Consultant, assuming responsibility for a comprehensive range of services dedicated to the development of Multi-Modal Logistics projects in Meghalaya. This strategic collaboration is anticipated to play a pivotal role in enhancing the logistics infrastructure within the region, thereby opening up new trade avenues, facilitating smoother transportation, and contributing to overall economic development.

The partnership reflects the commitment of both RITES and MIDC to bolstering logistics capabilities in Meghalaya, with a shared objective of fostering sustainable growth and providing improved connectivity to the region. As these Multi-Modal Logistics projects take shape, they are expected to catalyze economic opportunities, reduce trade barriers, and enhance the overall accessibility of Meghalaya.

EQUITYBULLS





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