RITES wins National Award for Excellence in cost management

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Gurugram, April 22, 2022: RITES Ltd., a leading transport infrastructure consultancy and engineering company, has been conferred the first position under the ‘consulting category’ at the 17th National Awards for Excellence in Cost Management-2019.

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The award, presented by the Institute of Cost Accountants of India (ICAI), a premier cost and management accounting body of the country, recognised the efficient and innovative cost management techniques adopted by RITES Ltd.

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Mr. B. P. Nayak, Director (Finance), RITES Ltd., said, “Cost efficiency, along with resource management, is one of the core strategies of RITES and this award is testimony to it. I congratulate RITES team for being agile and innovative towards the ever-changing business needs.”

Through this award, the ICAI continues to promote, recognise, and reward pioneer efforts of the corporates in cost management.

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