Trishakti Indusini Ltd has announced the signing of Memorandums of Understanding (MoUs) worth ₹1.75 billion with global heavy equipment majors XCMG and Liugong India. The agreements aim to strengthen collaboration in construction machinery, infrastructure solutions, and technology transfer, marking a significant milestone in India’s industrial growth story.
The MoUs are expected to boost Trishakti’s manufacturing capabilities, expand its product portfolio, and enhance access to advanced engineering expertise. Industry observers note that such partnerships align with India’s infrastructure expansion and “Make in India” agenda, while also positioning Trishakti as a key player in the heavy industries sector. The collaborations will focus on localized production, skill development, and supply chain integration to meet rising domestic demand.
Notable updates
• Trishakti Indusini Ltd signs MoUs worth ₹1.75 billion with XCMG and Liugong India
• Partnerships to focus on construction machinery, infrastructure solutions, and technology transfer
• Agreements expected to strengthen localized manufacturing and supply chain integration
• Aligns with India’s “Make in India” and infrastructure growth initiatives
• Industry analysts see potential for enhanced competitiveness and market expansion
Major takeaway
The MoUs highlight Trishakti Indusini’s strategic push to leverage global expertise for domestic growth, reinforcing India’s industrial ambitions and infrastructure development goals.
Sources: Reuters, Economic Times, Business Standard, Moneycontrol