RITES Limited — Updates, 01-08-2025: Press Release

RITES Ltd. has signed an MoU with iSky Transport Systems to explore and implement futuristic urban mobility, container logistics, and material handling solutions across India. This strategic partnership combines RITES’s vast infrastructure expertise with iSky Transport’s innovative Suspended String Rail Technology (SSRT). The collaboration aims to deliver efficient, eco-friendly, and cost-effective transport technologies, contributing significantly to India's infrastructure development, smart cities, and multimodal connectivity.