RITES & MIDC Partner for Meghalaya Logistics Projects

By By Rediff Money Desk, NEWDELHI
Dec 06, 2023 19:20
RITES Ltd and Meghalaya Industrial Development Corporation Ltd (MIDC) have signed an MoU to develop multi-modal logistics projects in Meghalaya, aiming to improve logistics infrastructure and enhance trade opportunities.
New Delhi, Dec 6 (PTI) RITES Ltd, a railway PSU, on Wednesday said it has signed an initial pact with Meghalaya Industrial Development Corporation Ltd (MIDC) to develop multi-modal logistics projects in the north-eastern state.

The Memorandum of Understanding (MoU) was exchanged between officials of RITES Ltd and MIDC Ltd in Gurugram on Wednesday.

As part of the MoU, RITES will be offering its expertise as a project management consultant and shall undertake a comprehensive range of services, including the construction of pavements suitable for the operation of container handling equipment, including reach-stackers and construction of warehouses.

Besides, RITES will be providing consultancy for administrative buildings, fencing, electrification, air conditioning, fire-fighting, water supply and sewerage works, railway siding, roads, drainage, and more.

"The collaboration is set to improve logistics infrastructure within Meghalaya and enhance trade and transport opportunities, fostering economic development and easing access to the region," the company said.

Under Ministry of Railways, RITES is a leading player in the transport consultancy and engineering sector in India, having diversified services.

The company has an experience spanning 49 years and has undertaken projects in over 55 countries in Asia, Africa, South America, and the Middle East.
Read More On:
ritesmidcmeghalayalogisticsmulti-modal logisticsinfrastructure developmentproject managementconsultancytransportationtrade
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

ICICI Prudential AMC IPO Opens Friday

ICICI Prudential AMC raises Rs 3,022 Cr from anchor investors. IPO opens Dec 12. Price...

AWS Invests $7B in Telangana Data Center Expansion

AWS to invest USD 7 billion in Telangana for data center expansion over 14 years. Boost...

Cyber Attacks Surge Post Operation Sindoor

Cyber attacks on government networks surged 7x after Operation Sindoor. NICSI MD...

RBI Injects Liquidity via OMO Purchase

RBI injects Rs 50,000 crore liquidity through Open Market Operation (OMO) purchases of...

IndiGo Flight Disruptions: Captain Gopinath...

Captain Gopinath analyzes IndiGo flight disruptions, citing arrogance, poor planning,...

Leverage Edu: Dubai Study Surge from India

Leverage Edu reports a 40x surge in applications from India to study in Dubai. Dubai is...

RBI Cancels NBFC Registrations

RBI cancels registration of 4 NBFCs, 4 others surrender certificates. Action taken...

RBI Eases Cash Credit Restrictions

RBI relaxes restrictions on cash credit facilities after stakeholder feedback. Draft...

Indian Startup Funding & Investments News

Latest funding news: Neosapien raises USD 2 mn, Isprout borrows Rs 60 cr, Ekta World...

Rajasthan Progressing: CM Sharma on Development

CM Sharma highlights Rajasthan's rapid progress in tourism, IT, renewable energy,...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com