Recently RITES Limited has been given the status of Navratna company.

Recently RITES Limited has been given the status of Navratna company.

Daily Current Affairs   /   Recently RITES Limited has been given the status of Navratna company.

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Category : Business and economics Published on: October 17 2023

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  • RITES Limited is a public sector undertaking under the Ministry of Railways.
  • Recently RITES Limited has been given the status of Navratna company.
  • It has become the 15th company in the country to get Navratna status.
  • It provides services in various sectors of transportation, railways, export of rolling stock, highways, airports, metros, urban engineering and sustainability, ports and waterways and energy management.
  • The Navratna status will help RITES to further enhance its brand, compete more effectively in the global market and move forward more powerfully into new frontiers for growth.
  • RITES Limited was established in the year 1974 AD.
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