RITES Partners with Indian Navy for Naval Infrastructure Consultancy

RITES Limited , a leading transport infrastructure consultancy and engineering firm, has entered into a strategic partnership with the Director General of Naval Projects (DGNP) in Mumbai. This collaboration, formalized through a Memorandum of Understanding (MoU) signed on November 6, 2025, aims to provide comprehensive consultancy services for naval infrastructure projects in the Mumbai region.

Scope of the Partnership

The MoU outlines a wide range of consultancy services that RITES will offer to DGNP-Mumbai:

Service Category	Description
Technical Studies	Soil investigation, feasibility studies
Design Services	Structural and architectural designs
Project Planning	Preparation of Detailed Project Reports (DPRs)
Project Execution	Project management consultancy, bid management
Quality Assurance	Third-party inspection services
Additional Support	Other preparatory technical consultancy activities

This partnership is expected to enhance the efficiency of planning and execution of naval infrastructure projects under the purview of DGNP, Mumbai.

About RITES Limited

RITES Limited, a Navratna Public Sector Enterprise, brings over five decades of experience to this collaboration. Key facts about RITES include:

Industry Position: Leading player in transport consultancy and engineering sector in India
Service Diversity: Offers a wide range of services in the infrastructure domain
Global Reach: Has undertaken projects in over 55 countries across Asia, Africa, South America, and the Middle East

This partnership with DGNP-Mumbai further solidifies RITES' position as a trusted consultant in infrastructure development, extending its expertise to critical naval projects.

The collaboration between RITES and DGNP-Mumbai represents a significant step in enhancing India's naval infrastructure capabilities, leveraging RITES' extensive experience in transport and engineering consultancy for the benefit of the Indian Navy.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.30%	-1.21%	-2.83%	+10.59%	-17.06%	+102.14%

RITES Limited , a leading public sector enterprise in India, has clinched a significant project management consultancy (PMC) contract worth ₹372.68 crore from the National Institute of Mental Health & Neuro Sciences (NIMHANS). This development marks a notable achievement for the company in the infrastructure consulting sector.

Contract Details

The contract involves providing PMC services for the construction of a new Outpatient Department (OPD) building at the NIMHANS Bangalore campus. Here are the key details of the order:

Particulars	Details
Client	National Institute of Mental Health & Neuro Sciences
Nature of Contract	PMC for New OPD Building Construction
Contract Value	₹372.68 crore (exclusive of GST)
Project Duration	36 months
Project Type	Domestic
Execution Method	Turnkey basis

Project Significance

This order demonstrates RITES' continued involvement in the healthcare infrastructure sector. The project aims to enhance the outpatient facilities at NIMHANS, a premier institution for mental health and neurosciences in India.

Company Disclosure

RITES has informed the stock exchanges about this contract, adhering to the regulatory requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that this is not a related party transaction and that no promoter or group companies have any interest in NIMHANS.

Market Implications

This order could potentially boost investor confidence in RITES' project pipeline and its ability to secure high-value contracts in the public sector. The successful execution of this project may open doors for similar opportunities in the healthcare infrastructure segment for RITES in the future.

As the infrastructure consulting landscape in India continues to evolve, contracts like these underscore the critical role that experienced players like RITES play in the nation's development projects.