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RITES Ltd., a leading transport infrastructure consultancy, has signed a Memorandum of Understanding with NABARD Consultancy Services Pvt. Ltd. (NABCONS), a wholly owned subsidiary of NABARD. This strategic partnership is aimed at jointly undertaking infrastructure and rural development projects across India and abroad. By leveraging their combined expertise, the collaboration seeks to promote inclusive and sustainable growth.
Highlights of the MoU
- Under the MoU, NABCONS will bring its domain expertise in agriculture, rural development, natural resource management, and capacity building.
- RITES will contribute its proven capabilities in infrastructure planning, engineering, and execution across transport, urban development, and sustainability sectors.
- The collaboration will focus on delivering integrated consultancy and project management services in key areas such as rural and urban infrastructure, green and sustainable mobility, agri-logistics, climate-resilient development, digital public infrastructure, smart cities, and multimodal transport solutions.
- Both organizations will also work together in water and irrigation, third-party inspection, and AI/IT-enabled infrastructure services.
- Additionally, the partnership aims to explore international opportunities through projects funded by multilateral development banks and other agencies.
