New Delhi (25.08.2026): RITES Limited has approved a new joint venture with UAE-based NICC Infrastructure Construction LLC as part of its strategy to strengthen its international presence in the infrastructure and engineering sector.
The decision was approved by the Board of Directors during its meeting held on 25 June 2026. According to the company's stock exchange filing, the proposed joint venture will be established in the United Arab Emirates in the form of a Limited Liability Company (LLC).
The partnership is expected to create opportunities for both companies to explore infrastructure, transport, engineering, and consultancy projects in the UAE and the wider Middle East region.
RITES, one of India's leading transport infrastructure consultancy and engineering companies, has been expanding its international operations across Asia, Africa, and the Middle East through strategic partnerships and project execution.
The proposed collaboration with NICC Infrastructure Construction LLC is expected to strengthen the company's ability to participate in large-scale infrastructure projects in the Gulf region, which continues to witness significant investments in transportation, urban development, and industrial infrastructure.
The company stated that detailed information regarding the shareholding structure, capital investment, and operational framework of the joint venture will be disclosed after the execution of the shareholders' agreement.
