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30May 2024

RITES AIMS TO BOOST EXPORTS TO ENHANCE ORDER BOOK AND MARGINS

Why in the news? RITES plans to increase exports to improve its order book and profit margins. The company will supply 200 coaches worth ₹915 crore to Bangladesh Railway. Agreements to supply ten locomotives to Mozambique and 200 coaches to Bangladesh are expected to boost revenue from H2 FY25. source:slideshare About Rail India Technical and …

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