RITES Expands Operations in West Asia Amid Regional Conflict
RITES to continue West Asia foray, war impact not substantial: Rahul Mithal

Image: Business Standard
RITES, a state-owned infrastructure consultancy, plans to continue its expansion in West Asia despite ongoing regional conflicts. Chairman Rahul Mithal highlighted a robust order book of ₹2,100 crore and ongoing projects linked to the India-Middle East-Europe Corridor (IMEC), emphasizing the long-term opportunities in the region.
- 01RITES has an order book of ₹2,100 crore (approximately $252 million USD) focused on West Asia.
- 02The company aims for ₹10,000 crore (around $1.2 billion USD) in order books for FY27, reflecting its growth ambitions.
- 03RITES has operationalized India's first virtual trade corridor with the UAE using the MAITRI framework, enhancing trade efficiency.
- 04Despite rising travel costs due to the war, RITES expects a 10% growth in operating revenues for FY27.
- 05The consultancy firm is also exporting diesel locomotives to Africa and rail coaches to Bangladesh, diversifying its international portfolio.
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RITES, a state-owned infrastructure consultancy, is committed to expanding its operations in West Asia, despite the ongoing regional conflicts. Chairman Rahul Mithal stated that the firm’s order book stands at ₹2,100 crore (approximately $252 million USD), with significant opportunities arising from India's participation in the India-Middle East-Europe Corridor (IMEC). RITES has established an office in the United Arab Emirates (UAE) and signed multiple memoranda of understanding (MoUs) with local and global partners, including AD Ports and DP World. A notable achievement is the operationalization of India's first virtual trade corridor using the MAITRI (Master Application for International Trade and Regulatory Interface) framework, which aims to streamline cargo movement between India and the UAE.
The company reported ₹2,415 crore in operating revenues for 2025-26, marking a 10% increase year-on-year. Despite the war's impact on travel costs and supply chain timelines, RITES is targeting another 10% growth in revenues for FY27. Additionally, the firm plans to export diesel locomotives to Africa and rail coaches to Bangladesh, further enhancing its international business prospects.
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RITES' expansion in West Asia could lead to increased job opportunities and improved infrastructure, benefiting local economies in the region.
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