Trishakti Industries Ltd Announces Planned Entry into EV Machinery Segment

Trishakti Industries Ltd Announces Planned Entry into EV Machinery Segment​

Trishakti Industries Limited (BSE: 531279), a prominent infrastructure equipment rental company, has announced its planned expansion into the Electric Vehicle (EV) Machinery segment. This move is scheduled for Q2 FY27 and forms a key component of the company's ongoing fleet diversification and growth strategy.

The proposed entry is designed to complement Trishakti's existing infrastructure and industrial equipment portfolio. By doing so, the company aims to capitalize on the emerging opportunities presented by the increasing adoption of sustainable technologies across India's industrial and infrastructure sectors. This initiative reinforces the company's objective of building a diversified equipment platform capable of meeting evolving customer requirements across multiple industries.

Over the past year, the company has focused on significant fleet expansion within the equipment rental industry. The addition of EV machinery marks the next phase of this growth journey, enabling Trishakti to broaden its service offerings and participate in a rapidly growing market segment.

Industry Momentum and Market Drivers​

The market for specialized machinery is being shaped by India's accelerated transition towards cleaner technologies. This shift is evident across infrastructure, manufacturing, logistics, and industrial sectors, supported by governmental initiatives promoting sustainable development, electrification, and energy efficiency.

Simultaneously, India's infrastructure investment cycle continues to gain momentum, with substantial spending planned across renewable energy, transportation, industrial corridors, ports, and urban infrastructure. As project developers and industrial operators prioritize efficiency, technology adoption, and sustainability, equipment rental companies that maintain diversified and modern fleets are positioned to benefit from expanding market opportunities.

Strategic Rationale​

Mr. Dhruv Jhanwar, Chief Executive Officer of Trishakti Industries Limited, emphasized that the planned entry into the EV Machinery segment is a strategic extension of the platform the company has developed.

"As industries evolve and adopt newer technologies, we believe it is important to proactively align our capabilities with emerging market requirements," Mr. Jhanwar stated. "The opportunity extends beyond a single equipment category. Across infrastructure, renewable energy, industrial manufacturing, and logistics ecosystems, we are witnessing increasing emphasis on efficiency, sustainability, and technology-led operations."

He added that the company's experience in managing large-scale equipment deployments and serving major clients provides a strong foundation for participating in adjacent growth opportunities. Trishakti believes disciplined fleet diversification will strengthen its market positioning and expand its addressable opportunity over time.

About Trishakti Industries Limited​

Trishakti Industries Ltd, founded in 1985, is a leading provider of heavy equipment solutions supporting critical infrastructure sectors, including construction, railways, steel, power, and oil & gas. The company boasts a fleet of advanced cranes, man-lifters, piling rigs, and earthmoving machinery. Trishakti serves marquee clients such as Tata Steel, Adani Group, ONGC, and L&T.

The company is undertaking a Y400 crore multi-year CAPEX program spanning FY25 through FY27. This investment is focused on expanding its fleet capacity, improving operational efficiencies, and capturing a growing share of India's large-scale project development market through asset-light, high-margin rental operations.

Stock Price Movement​

As of 15:17, Trishakti Industries Ltd shares are ticking up at ₹172.00, gaining 3.21% for the day. The stock traded today within an intraday range set between ₹166.70 and ₹175.05.