Trishakti Industries Ltd announces Strategic Expansion into the United Arab Emirates & Kingdom of Saudi Arabia

Trishakti Industries Limited (BSE: 531279), one of India's rapidly growing specialized infrastructure equipment rental companies, today announced its strategic expansion into the UAE (United Arab Emirates) & KSA (Kingdom of Saudi Arabia), marking a defining milestone in the Company's long-term vision of building an internationally recognized heavy equipment rental platform.

The Board of Directors have approved the Company's strategic expansion into the UAE (United Arab Emirates) & KSA (Kingdom of Saudi Arabia), recognizing the region as one of the world's most dynamic infrastructure and industrial markets. The expansion reflects Trishakti Industries' long-term vision of transforming from a leading Indian equipment rental company into a globally recognized specialized heavy equipment solutions provider.

The United Arab Emirates continues to witness sustained investments across infrastructure, logistics, ports, industrial manufacturing, renewable energy, commercial developments and the energy sector. These industries require specialized heavy equipment and lifting solutions, creating a compelling long-term opportunity for experienced equipment rental companies.

The Company believes that the United Arab Emirates & Kingdom of Saudi Arabia offers materially higher asset yield potential, premium project opportunities and stronger long-term return potential for specialized equipment compared with many traditional markets.

Market Opportunity

- USS$1 Trillion+ Saudi Arabia infrastructure pipeline, supported by Vision 2030 and giga projects, creating long-term demand for heavy lifting and specialized equipment.

- USS$1 Billion+ Saudi Arabia crane rental market, representing a significant serviceable opportunity for specialized heavy equipment rental companies.

- 10-12% CAGR expected growth in the regional crane rental market, driven by infrastructure, energy, industrial and mega-project investments.

By expanding into this market, Trishakti Industries aims to enhance asset productivity, diversify its revenue base and establish an international growth platform capable of creating sustainable long-term shareholder value.

Over the past several years, Trishakti Industries has built a strong operating platform in India by expanding its specialized equipment fleet, strengthening customer relationships and executing projects for leading infrastructure, industrial and engineering companies.

Leveraging this foundation, the Company intends to progressively establish its presence in the UAE & Kingdom of Saudi Arabia through customer development, strategic partnerships and fleet deployment opportunities.

The Company believes this expansion represents the first step in creating a scalable international business that complements its Indian operations while positioning Trishakti to participate in one of the world's most attractive heavy equipment rental markets.

Future Outlook

The UAE & Kingdom of Saudi Arabia expansion represents the beginning of Trishakti Industries" international growth strategy. The Company will continue to evaluate opportunities for customer acquisition, strategic partnerships, fleet deployment and the establishment of a local operating platform in the UAE as the business develops. Further announcements will be made as material developments occur, in accordance with applicable regulatory requirements.

Mr. Dhruv Jhanwar, Chief Executive Officer of Trishakti Industries Limited, stated, "FY27 marked an important milestone in our journey as we strengthened our operations, expanded our fleet and established a strong foundation in India's specialized equipment rental industry.

Our expansion into the UAE (United Arab Emirates) & KSA (Kingdom of Saudi Arabia) marks the beginning of Trishakti Industries' international growth journey. The UAE (United Arab Emirates) & KSA (Kingdom of Saudi Arabia) represents one of the world's most attractive heavy equipment rental markets, supported by sustained investments across infrastructure, logistics, renewable energy, industrial development and the energy sector.

We believe this market offers materially higher asset yield potential and significant longterm growth opportunities for specialized equipment rental companies. 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. We intend to execute this strategy with the same financial discipline, customer focus and operational excellence that has driven our growth in India."

Source : Equity Bulls

Keywords

TrishaktiIndustries Expansion UAE SaudiArabia