RITES Limited has informed the Exchange regarding a press release dated May 27, 2026, titled "RITES & Crisil sign MoU to offer data-driven solutions".
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RITES Limited, a Navratna PSU specializing in transport infrastructure consultancy, has signed an MoU with Crisil Limited, a global analytics company. The partnership combines RITES' infrastructure and engineering expertise with Crisil's data intelligence and analytics capabilities. They will jointly explore consultancy assignments across sectors including railways, metro rail, highways, airports, ports, and urban transport, both in India and abroad. The collaboration focuses on market intelligence, financial due diligence, valuation support, and analytical model development for infrastructure projects.
This MoU is a strategic partnership to explore future business opportunities rather than a firm order or contract. It does not immediately impact revenues but positions RITES to potentially win more comprehensive infrastructure consultancy mandates by offering data-driven solutions alongside traditional engineering services.