RITES Ltd, a central public sector enterprise (CPSE) under the Ministry of Railways, has been granted the coveted ‘Navratna’ status by the Ministry of Finance. With this, RITES has become India’s 16th Navratna CPSE.
It’s a proud moment for us to become a Navratna company and join the club of ‘Top-29’ CPSEs of the country. It’s a step forward in achieving our vision of being the ‘Go-To’ Infrastructure Consultancy Company,” Rahul Mithal, CMD , RITES Ltd said; The status will help this CPSE expand its footprint, said its CMD.