RITES, AITD sign MoU to promote multimodal mobility
Under this agreement, RITES and AITD will collaborate for technical services, including multimodal connectivity and consultancy assignments, knowledge sharing, research & development, etc.
Gurugram: RITES Limited, a leading Transport Infrastructure Consultancy, and Engineering company, and the Asian Institute of Transport Development (AITD), New Delhi, have entered into a memorandum of understanding (MoU) to collaborate for strengthening infrastructure facilities, promoting multimodal transport system,s and addressing environmental concerns.
Under this agreement, RITES and AITD will collaborate for technical services, including multimodal connectivity and consultancy assignments, knowledge sharing, research & development, etc. The partnership intends to improving infrastructure facilities & transport services, promote multimodal mobility solutions to increase efficiency of logistics of international production and distribution, and addressing environmental concerns to build infrastructure for the future.
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 across Asia, Africa, South America, and Middle East region. RITES Limited is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia, and Indonesia).
About AITD: Asian Institute of Transport Development (AITD) is an independent, not-for-profit organization devoted to capacity building, non-partisan research and regional cooperation in the infrastructure sector with special focus on transport, trade and logistics. Set up in 1989, the Institute has been granted a special consultative status by the United Nations Economic and Social Council. The Institute provides substantive support to groupings such as SAARC, BIMSTEC, Mekong-Ganga Cooperation, ECO, GMS, ASEAN, etc.
Read Also : HUDCO Observed its 54th Foundation DayNews Must Read
- Axis Bank Overtakes Kotak Mahindra Bank to Become India's Fourth Most Valued Lender
- SJVN CMD Geeta Kapur Inaugurates Construction Works at Sunni Dam Project in Himachal Pradesh
- PESB Selects R Veerabahu as Director (Finance) for Braithwaite & Co. Limited
- Grew Energy bags largest order of 200 MW Contract of SECI's Auction
- CPCL Reports 39% YoY Drop in Q4 Net Profit, Declares Rs 55 per Share Dividend
- SJVN Limited inaugurates India's first Multi-purpose Green Hydrogen Pilot Project
- KRDCL, RVNL JV emerges as the Lowest Bidder for Redevelopment of Thiruvananthapuram Central Railway Station
- REC Ltd. has incorporated subsidiary company BPTL
- Hon’ble Vice President of India Confers `Outstanding PSU of the Year’ Award on HAL
- BharatPe Launches India’s first All-in-One Payment Device