Indian Railways’ RITES Ltd bags Dun & Bradstreet Corporate Award 2021

Rail India Technical and Economic Service Limited (RITES Ltd), a subsidiary of the Indian Railways, has bagged the Dun & Bradstreet Corporate Award 2021 in the Engineering Projects/Capital Goods category for ‘Best Growth Performance’.

The award given by Dun & Bradstreet, an American B2B data, insights, and AI-driven platforms provider is said to recognize the efforts of RITES Ltd in enabling the creation of transport infrastructure apart from its business model that is well-diversified.

In addition to that, the Indian Railways subsidiary has been profiled in the 21st edition of ‘India’s Top-500 Companies’ based on its total income, return on net worth, and net profit among other factors. The listed companies across 50 sectors are said to have grown quicker than the Indian economy over the last two decades.

Indian Railways’ RITES Ltd bags Dun & Bradstreet Corporate Award 2021. Photo courtesy of Free-Photos from Pixabay.

VG Suresh Kumar – Director (Projects) and Chairman & Managing Director (Addl Charge), RITES Ltd, said: “We are delighted with this award. It is a testimony to our efforts in facilitating creation of infrastructure in India and abroad, along with creating value for stakeholders.”

Last month, RITES Ltd had won additional work of consultancy services in Mauritius from Metro Express Limited.