In a momentous milestone in its illustrious history, RITES Ltd, a prominent central public sector enterprise (CPSE) under the Ministry of Railways, has been awarded the prestigious 'Navratna' status by the Ministry of Finance. This distinction solidifies RITES' position as one of India's premier transport infrastructure consultancy and engineering firms and marks a significant achievement as it enters its 50th year of incorporation. RITES is now the 16th Navratna CPSE in India, a testament to its remarkable contributions to the nation's development.

Rahul Mithal, the Chairman and Managing Director (CMD) of RITES, has been instrumental in the company's success. Under his visionary leadership, RITES has emerged as a frontrunner in the transport consultancy and engineering sector in India.

Established in 1974, RITES Ltd has played a pivotal role in shaping India's transport infrastructure landscape. The company's comprehensive portfolio encompasses a diverse array of sectors, including transportation, railways, export of rolling stock, highways, airports, metros, urban engineering and sustainability, ports and waterways, and energy management. 

In July 2018, RITES Ltd achieved yet another milestone when it became a listed company on Indian stock exchanges. Since then, it has consistently demonstrated its strength and resilience, earning a place among the Top-500 listed Indian companies based on its market capitalization.