On July 13, RITES Ltd announced that it had reached an agreement with the Centre for Railway Information Systems, under which both parties will create innovative IT solutions for railroad operations.
Additionally, they will work to modernise existing technology and telecommunication in the railway sector.
What is RITES
RITES is a consultancy firm under the Indian Railways. The Memorandum of Understanding (MoU) will facilitate both entities to leverage each other’s expertise and collaborate to drive digitalisation in railway technologies, according to a regulatory filing.
They would explore information technology-based opportunities in the railway sector and new-age areas as well as look at international projects.
The MoU will pave the path towards building the digital future as we continue to innovate and leverage our technical expertise across the world, RITES Ltd Chief Information Technology Officer Sanjay Gupta said.
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