Rahul Mithal On Railway Budget: Why High CapEx & Infrastructure Spending Will Continue
Business Today · 05 Nov 2026 · 1 min
Management interview of RITES Ltd (RITES).
- Rahul Mithal, Chairman & Managing Director, RITES Ltd
Rahul Mithal, CMD of RITES, stated that high capital expenditure trends across Indian Railways are set to continue. This will cover freight corridors, passenger connectivity, and rolling stock. He noted that RITES' rail infra consultancy verticals—spanning corridor studies, engineering design, quality assurance, and bridges—maintain an aggressive growth forecast for the next fiscal year.