RITES wins $35.82 million contract in South Africa
RITES Limited has landed an international deal valued at USD 35.82 million from South Africa's Volantis Asset Finance (Pty) Ltd. The agreement involves providing and commissioning 4000 HP Cape Gauge Diesel Electric Locomotives. This project is set to span 20 months, boosting the firm's presence in the global railway engineering and rolling stock export sectors.