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RITES bags USD 35.82 million South Africa order
short by / on Tuesday, 7 July, 2026
RITES Limited secured an international order worth USD 35.82 million from Volantis Asset Finance (Pty) Ltd., South Africa, for the supply and commissioning of 4000 HP Cape Gauge Diesel Electric Locomotives. The project will be executed over 20 months, further strengthening the company's global railway engineering and rolling stock export business.