Rahul Mithal On Railway Budget: Why High CapEx & Infrastructure Spending Will Continue

Railway infrastructure spending is expected to remain strong, with continued focus on new freight corridors, passenger connectivity, rolling stock and major infrastructure projects. Rahul Mithal, Chairman & Managing Director, RITES, shares his outlook on the upcoming Railway Budget and explains why high capital expenditure is likely to continue. He also discusses the opportunities for RITES across railway consultancy, corridor studies, engineering design, quality assurance and the development of bridges and tunnels. With an aggressive growth outlook for its rail infrastructure business, RITES expects sustained demand for consultancy services as Indian Railways continues expanding its infrastructure network.