RITES Limited CC-Mar24.pdf · 2024-05-29
So see, what we hear from some of the Rail EPC players is that the ordering pattern is shifting in railways, where earlier they used to get orders from the Rail PSUs. Now they have started getting -- they have to deal with this Zonal Railways now. Since you also undertake Turnkey projects, I just wanted to hear your thoughts on this. So what's actually shifting in the railways now in terms of the way the tendering happens?
Correct. Correct. Because the EPC players are mentioning that since they have to deal with the Zonal Railways, their receivables are taking longer to realize and does much better with the Rail PSUs earlier when the payment used to be more timely compared to what IR...