Trishakti Industries Limited has announced plans to enter the electric vehicle machinery segment during the second quarter of FY27, marking a strategic step in the company’s ongoing fleet diversification and expansion program. The move is aimed at strengthening its equipment rental portfolio while positioning the company to capitalize on emerging opportunities linked to sustainable technologies and industrial modernization.
The proposed addition of EV machinery forms part of Trishakti’s broader vision of building a diversified equipment platform capable of serving evolving customer requirements across infrastructure, manufacturing, logistics and industrial sectors. The company believes the transition toward cleaner technologies and energy-efficient operations is creating new demand for specialized equipment solutions across India.
Over the past several years, Trishakti has steadily expanded its fleet to strengthen its position in the equipment rental industry. The planned EV machinery segment represents the next phase of this growth strategy and is expected to broaden the company’s market reach while creating opportunities in rapidly developing sectors focused on sustainability and technological advancement.
India’s infrastructure and industrial landscape is undergoing significant transformation, supported by investments in renewable energy, transportation networks, industrial corridors, urban infrastructure and manufacturing capacity. Simultaneously, businesses are increasingly adopting modern equipment that enhances productivity while aligning with environmental objectives. These trends are expected to generate sustained demand for advanced machinery and rental solutions.
Dhruv Jhanwar, Chief Executive Officer of Trishakti Industries Limited, said the proposed expansion aligns with the company’s long-term strategy of identifying growth opportunities that complement its existing strengths. “Our focus has consistently been on expanding fleet capabilities, strengthening customer relationships and creating a platform that can support emerging industry requirements. As sectors increasingly prioritize sustainability, operational efficiency and technology-led processes, the need for modern machinery solutions continues to grow,” he said.
Jhanwar added that the opportunity extends well beyond a single equipment category. Growing investments across renewable energy, industrial manufacturing, logistics and infrastructure development are creating favorable conditions for equipment rental providers with diversified and specialized fleets.
The company believes its experience in managing large-scale equipment deployments and maintaining high fleet utilization rates provides a strong foundation for evaluating adjacent growth opportunities. By broadening its equipment portfolio, Trishakti aims to strengthen customer engagement and increase its participation in high-growth sectors.
Founded in 1985, Trishakti Industries serves critical sectors including construction, railways, steel, power and oil and gas. Its fleet includes cranes, piling rigs, man-lifters and earthmoving equipment used by major infrastructure and industrial companies. Supported by a ₹400 crore capital expenditure program running through FY27, the company continues to expand its asset base, improve operational efficiencies and strengthen its position in India’s growing infrastructure development ecosystem. The planned EV machinery initiative represents another step toward building a future-ready and scalable equipment platform capable of delivering long-term value for customers and shareholders.
