Trishakti Industries Signs ₹175 Crore Strategic MoUs with XCMG and LiuGong
Trishakti Industries has secured strategic partnerships worth ₹175 crores at EXCON 2025, with major agreements including ₹150 crores with XCMG Group for construction equipment and ₹25 crores with LiuGong India for boom lifters. The company's capital expenditure execution is well ahead of schedule, having deployed ₹200 crores against original combined targets of ₹150 crores for FY25-26.
*this image is generated using AI for illustrative purposes only.
Trishakti Industries Limited has announced the signing of strategic Memorandums of Understanding (MoUs) worth ₹175 crores with XCMG Group and LiuGong India Private Limited at EXCON 2025, India's premier construction equipment trade fair held in Bengaluru. The company has placed net purchase orders aggregating to approximately ₹175 crores for advanced construction and infrastructure equipment.
Strategic Partnership Details
The company entered into two significant partnerships during EXCON 2025, marking a major milestone in its ongoing fleet expansion and modernization drive.
| Partnership: | Value | Equipment Type |
|---|---|---|
| XCMG Group | ₹150.00 crores | Construction and infrastructure equipment including high-capacity cranes, earthmoving machinery, and specialized industrial equipment |
| LiuGong India | ₹25.00 crores | Boom lifters |
| Total Value | ₹175.00 crores | Advanced construction equipment portfolio |
Accelerated Capital Expenditure Execution
Trishakti Industries' aggressive fleet expansion is proceeding well ahead of schedule. Against the original plan of ₹50 crores for FY25, ₹100 crores for FY26, and ₹250 crores for FY27, the company has already deployed a cumulative ₹200 crores (inclusive of all taxes) till date, significantly surpassing the combined targets for FY25 and FY26.
| Parameter: | Details |
|---|---|
| Original FY25 Target | ₹50.00 crores |
| Original FY26 Target | ₹100.00 crores |
| Cumulative Deployment | ₹200.00 crores (inclusive of taxes) |
| Execution Status | Well ahead of schedule |
Strategic Rationale and Business Impact
The procurement under these arrangements will be undertaken in a phased manner, strategically aligned with execution timelines, existing and prospective customer contracts, and prudent capital allocation principles. This disciplined approach aims to ensure optimal asset deployment and maintain the company's track record of achieving industry-leading fleet utilization rates.
The strategic partnerships aim to significantly strengthen and diversify the company's high-capacity equipment fleet with cutting-edge technology from globally renowned OEMs, enhancing service capabilities across key sectors including infrastructure, steel, power, railways, renewable energy, and large industrial projects.
Management Commentary
Mr. Dhruv Jhanwar, Chief Executive Officer, stated that the strategic equipment orders placed at EXCON 2025 mark an important milestone in Trishakti's expansion journey. He emphasized that the company's engagement with globally reputed OEMs such as XCMG and LiuGong reflects their focus on building a future-ready, high-capacity fleet aligned with the evolving requirements of India's infrastructure ecosystem.
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