Rail India Technical and Economic Service (RITES) Limited, a leading transport infrastructure consultancy and engineering firm in India, has been awarded the first position under the consulting category at the 17th National Awards for Excellence in Cost Management 2019.

The award has been presented by the Institute of Cost Accountants of India (ICAI), which is a premier cost and management accounting company in India, and recognised the efficient and innovative cost management techniques adopted by RITES Limited.

Director of Finance of RITES Limited, B P Nayak, said that cost efficiency, along with resource management, is one of the core strategies of RITES and the presented award is testimony to it.

With this award, the ICAI will continue to promote, recognise, and reward pioneer efforts of the corporates in cost management.

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