Trishakti Industries Launches Strategic Expansion into UAE and Saudi Arabia Markets

Trishakti Industries Launches Strategic Expansion into UAE and Saudi Arabia Markets​

Trishakti Industries Limited, a specialized infrastructure equipment rental company in India, has announced its strategic move to expand into the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA). The Board of Directors approved this expansion, positioning the company for global growth as it recognizes the GCC region as one of the world's most dynamic industrial and infrastructure markets.

The company aims to transition from a leading Indian equipment rental provider into a globally recognized specialized heavy equipment solutions firm. Trishakti Industries plans to leverage its established operating platform in India—built through fleet expansion, project execution, and customer relationship strengthening within the infrastructure and engineering sectors—to progressively build its presence in both the UAE and KSA.

Market Opportunities in GCC​

The decision to target these markets is underpinned by significant regional industrial growth and strong asset yield potential. The United Arab Emirates and Saudi Arabia are seeing sustained investment across critical sectors, including logistics, ports, industrial manufacturing, renewable energy, and commercial developments.

The market opportunities presented by the region include:

• Saudi Arabia Infrastructure Pipeline: Over US$1 Trillion in infrastructure projects supported by Vision 2030 and giga projects, creating long-term demand for specialized heavy equipment.
• Crane Rental Market: A serviceable opportunity exceeding US$1 Billion in the Saudi Arabian crane rental market.
• Market Growth: An expected Compound Annual Growth Rate (CAGR) of 10-12% in the regional crane rental market, driven by mega-project and industrial investments.

By entering this market, Trishakti Industries seeks to diversify its revenue stream, enhance asset productivity, and create a sustainable international growth platform that complements its ongoing operations in India.

Management Perspective on Global Ambition​

Dhruv Jhanwar, Chief Executive Officer of Trishakti Industries Limited, highlighted the significance of the expansion. He stated that while FY27 marked an important strengthening milestone in India's specialized equipment rental industry, the move into the UAE and KSA is the start of the international growth journey.

"The UAE and KSA represent one of the world’s most attractive heavy equipment rental markets," Mr. Jhanwar said. "Our objective is not simply to enter a new geography but to establish a scalable international platform that complements our Indian operations, enhances asset productivity and creates long-term shareholder value."

Trishakti Industries Limited, which specializes in specialized heavy equipment solutions for infrastructure, industrial, steel, renewable energy, and large-scale engineering projects across India, plans to continue evaluating opportunities for customer acquisition, strategic partnerships, and fleet deployment within the UAE as its business develops. Future announcements will be made regarding material developments.

Stock Price Movement​

Trishakti Industries Ltd. shares settled today after edging up by 5.65% to close at ₹231.10, marking a solid rally in the post-market session. The stock traded within a volatile intraday range, peaking at a high of ₹235.00 and finding support down to ₹220.00.