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.