Current Affairs - Business - Discussion

SAIL entered into a Memorandum of Understanding with Rail India Technical and Economic Service to enhance rail logistics operations across its plants and mines. Under this collaboration, RITES will provide technical support for diesel locomotive leasing and maintenance while assisting SAIL in operating its mini rail network using Indian Railways’ facilities, spares, and skilled manpower. The partnership is designed to optimise operational costs, improve efficiency in material movement, and reduce the overall carbon footprint, aligning with sustainable and cost-effective industrial logistics practices.