RITES Limited — Updates, 30-07-2025: Press Release

RITES has signed a strategic Memorandum of Understanding (MoU) with NABCONS, a NABARD subsidiary, to collaborate on infrastructure and rural development projects in India and internationally. This partnership combines NABCONS's expertise in agriculture and rural development with RITES's capabilities in infrastructure planning and execution. The collaboration targets integrated consultancy and project management across rural/urban infrastructure, sustainable mobility, agri-logistics, and smart cities. It also seeks to explore global opportunities through multilateral funding, positioning RITES for potential growth and diversified revenue streams.