RITES' IIM Raipur Project Cost Revised Up To ₹2.21 Billion

By BasisPoint Insight

July 23, 2025 at 8:20 AM IST

RITES Ltd. on Saturday said the cost of its project from the Indian Institute of Management, Raipur, has been revised to ₹2.21 billion from the earlier ₹1.48 billion. 

The order, received in December 2024, is for the execution, supervision, monitoring, and development of the phase-II campus and is to be completed within 23 months.