Tiger Logistics (India) Limited has informed the Exchange regarding a press release dated February 23, 2026, titled "Press Release dated 23rd February 2026.".
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Tiger Logistics has announced a strategic expansion of its Western India operations, deepening its presence in Gujarat for Solar EXIM (Export-Import) business. Gujarat is a key solar hub, accounting for 47% of India's module manufacturing capacity and 49% of cell production. The company has appointed a new General Manager for the Gujarat region to strengthen operations and customer engagement. Its renewable energy vertical, TiGreen, currently handles up to 2,000 TEUs (twenty-foot equivalent units) of solar container movements per month, with volumes expected to grow 40–45% over the next year. Indian solar manufacturers have announced plans to add nearly 94.5 GW of new AIMM-approved (Approved list of Models and Manufacturers) cell manufacturing capacity, supported by government schemes like the Pradhan Mantri Surya Ghar Muft Bijli Yojana, which the company sees as a major future opportunity.
This is a positive development for shareholders, signaling business expansion in a high-growth solar logistics segment with strong volume growth projections. The new leadership appointment and deeper regional focus position the company to capture rising demand, which could support revenue growth in the coming year.