Trishakti Industries Ltd announces a fresh capital expenditure of ₹60 million to upgrade machinery, enhancing production capabilities and operational efficiency. The company also secured a significant work order from Larsen & Tubro, marking a pivotal business development that underscores its growth potential and strategic partnership in the industrial sector.
Trishakti Industries Ltd has revealed its plans for a capital expenditure of ₹60 million focused on machinery upgrades and modernization. This investment aims to bolster manufacturing efficiency, capacity, and technological capability, positioning the company for enhanced operational competitiveness.
Capital Investment for Growth
The fresh capex spending will enable Trishakti to implement advanced machinery solutions designed to streamline processes and reduce production bottlenecks. This upgrade aligns with the company’s vision of scaling up operations and meeting elevated market demand.
Strategic Work Order with Larsen & Tubro
In a significant development, Trishakti Industries has secured a work order from Larsen & Tubro (L&T), a heavyweight in India’s engineering and construction sector. This partnership not only validates Trishakti’s technical capabilities but also opens avenues for future collaboration and business expansion.
Outlook
The combined impact of capital investment and the L&T contract is expected to strengthen Trishakti’s market positioning. The company remains committed to leveraging these advances to drive long-term growth and shareholder value.
Sources: BSE India, Economic Times, Business Standard, Trishakti official release