Synopsis: Silver Touch Technologies Limited has secured an order from RITES Limited to develop PARAKH, an AI-native Detailed Project Report (DPR) appraisal platform. The project marks one of India’s first self-hosted, multi-model AI platforms for infrastructure governance, strengthening the company’s position in AI-driven digital transformation.
Shares of Silver Touch Technologies Limited are likely to remain in focus after the company announced that it has secured a significant order from RITES Limited, a Navratna public sector enterprise under the Ministry of Railways, for the design, development, and implementation of PARAKH, an AI-based Detailed Project Report (DPR) Appraisal & Intelligence Platform.
Silver Touch Technologies Limited has a total market capitalization of approximately Rs. 2,405.71 crore. The company’s shares were trading at Rs. 190 apiece on the stock exchange, up by 4.78 percent. The stock has gained 5.86 percent over the last five trading sessions, while it has gained 1.19 percent over the last month. The stock touched a 52-week high of Rs. 212.70 and a 52-week low of Rs. 66.18.
According to the company’s press release, Silver Touch will build a purpose-designed AI-native platform that will assist RITES in appraising Detailed Project Reports for large infrastructure projects across railways, highways, bridges, ports, airports, metros, and tunnels. Unlike conventional software applications with AI capabilities layered on top, PARAKH has been designed as a ground-up AI platform, integrating multiple self-hosted large language models, engineering validation engines, document intelligence, and geospatial analytics within RITES’ secure data centre.
The platform will incorporate three self-hosted open-source large language models, including Llama 3.1 70B, Mistral 7B, and Qwen 2.5 7B, running on NVIDIA A100 GPU infrastructure with zero external data transfer. It will also feature more than 500 engineering validation rules based on standards issued by IRC, RDSO, IS, and the Ministry of Road Transport and Highways, along with Retrieval-Augmented Generation (RAG), document intelligence capable of processing reports of up to 5,000 pages, GIS integration with the PM GatiShakti National Master Plan, and enterprise-grade cybersecurity architecture.
The order is strategically significant as it positions Silver Touch among the first Indian IT companies to deploy a fully self-hosted, multi-model AI platform for a Government of India Navratna enterprise. Unlike traditional IT implementation projects, the platform creates proprietary domain intelligence that improves as more infrastructure reports are processed, potentially creating a long-term competitive advantage in AI-powered infrastructure governance.
The project also reflects the increasing adoption of artificial intelligence across government infrastructure planning and public sector digital transformation. As India continues to invest heavily in roads, railways, metros, airports, ports, and smart infrastructure, AI-driven tools that improve project evaluation, reduce appraisal timelines, enhance compliance, and support data-driven decision-making are expected to witness growing demand.
For investors, the order strengthens Silver Touch’s positioning in the rapidly expanding AI and digital transformation space. Successful implementation of a production-grade AI platform for RITES could enhance the company’s credentials in government technology projects, create opportunities for similar deployments across infrastructure agencies, and accelerate its transition from a traditional IT services provider to an AI-native platform company.
Incorporated in 1995, Silver Touch Technologies Limited is a provider of IT solutions, digital transformation, and emerging technology services. The company offers expertise across e-Governance, cloud computing, SAP, artificial intelligence, machine learning, cybersecurity, enterprise applications, and digital platforms, serving government and enterprise customers across India and international markets.
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