MoU17 Dec 2025, 06:44 pm
Trishakti Industries Signs Strategic MoUs Worth ₹175 Crores with XCMG Group and LiuGong India at EXCON 2025
AI Summary
Trishakti Industries Limited, a leading infrastructure equipment rental and heavy lifting solutions provider, has entered into strategic Memorandums of Understanding (MoUs) with XCMG Group and LiuGong India Private Limited during EXCON 2025. The company has placed net purchase orders amounting to approximately ₹175 crores for advanced construction and infrastructure equipment. The procurement will significantly strengthen and diversify Trishakti's high-capacity equipment fleet, enhance service capabilities, and improve long-term revenue visibility.
Key Highlights
- MoUs with XCMG Group and LiuGong India Private Limited worth ₹150 crores and ₹25 crores respectively.
- Strengthening capabilities in mega infrastructure projects and diversifying equipment portfolio for industrial and construction segments.
- Phased procurement aligned with execution timelines, existing and prospective customer contracts, and prudent capital allocation principles.
- Accelerated execution of fleet expansion ahead of schedule, with cumulative ₹200 crores deployed till date.
- Focus on prudent capital allocation, ensuring that fleet additions are closely aligned with customer demand, deployment visibility, and return thresholds.