
Award8 Jul 2026, 01:14 pm
Silver Touch Wins ₹6.27 Cr AI Platform Order from RITES
AI Summary
Silver Touch Technologies Limited has secured a significant order from RITES Limited, a Navratna Government Enterprise, to design, develop, and implement PARAKH, India's first self-hosted, multi-model AI platform for infrastructure project appraisal. The contract, valued at ₹6,27,76,000, is for a duration of 24 months. This project positions Silver Touch as a leader in AI for national infrastructure governance, enabling RITES to appraise large-scale projects like railways and highways using advanced AI capabilities, including multiple LLMs and a robust hallucination prevention framework.
Key Highlights
- Secured ₹6.27 Cr order from RITES for AI-based DPR appraisal platform.
- Contract duration is 24 months.
- Establishes Silver Touch's leadership in AI for infrastructure governance.
- Platform is India's first self-hosted, multi-model AI system for appraisal.
Price Impact
More from SILVERTUC