Rahul Mithal takes over as CMD, RITES Ltd.

Gurugram: Mr. Rahul Mithal took over as Chairman and Managing Director of RITES Ltd. (NSE: RITES, BSE: 541556), the leading Transport Infrastructure Consultancy and Engineering firm, on October 7, 2021.

Mr. Mithal is a Mechanical Engineer from the Indian Railway Service of Mechanical Engineers (SCRA 1985 Batch). He has also done MBA (Finance) from Jamnalal Bajaj Institute of Management Studies, Mumbai, and is a Fellow of the Institution of Mechanical Engineers (UK) and a Chartered Engineer registered with the Engineering Council (UK).

Mr. Mithal has over 31 years of experience in the Railway sector. He has worked at various key positions in Indian Railways and Container Corporation of India Limited (CONCOR). He has worked in different areas of the sector ranging from Design and Maintenance of Rolling Stock and Handling equipment, MMLP/Warehousing Projects, Operations and Maintenance, Design, Planning & Execution of Modernization projects, and Digitization initiatives.

Addressing ‘Team RITES’, Mr. Mithal said, “It’s a great privilege to lead RITES. Being aware of the illustrious past, its diversified business model, and strong fundamentals, I am optimistic that we as ‘Team RITES’ will perform at full throttle to deliver more value to all stakeholders and be a market leader across sectors.” Prior to joining RITES, Mr. Mithal was Director (Projects & Services) at Container Corporation of India Limited (CONCOR).

About RITES Limited:

RITES Limited is a Miniratna (Category – I) Schedule ‘A’ Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. The company has experience spanning 47 years and has undertaken projects in over 55 countries including Asia, Africa, Latin America, South America, and the Middle East region. RITES Limited is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia, and Indonesia).