Tiger Logistics (India) Limited has informed the Exchange regarding a revised press release dated February 23, 2026, titled "Revised Press Release dated 23rd February 2026.".
TIGERLOGS · price
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Tiger Logistics has announced a strategic expansion of its Western India operations, deepening its presence in Gujarat to tap into rising Solar EXIM (Export-Import) demand. Gujarat accounts for 47% of India's solar module manufacturing capacity and 49% of cell production, making it a critical logistics corridor. The company has appointed a General Manager – Gujarat Region to strengthen leadership and operational discipline across its Gandhidham and Ahmedabad branches. Its renewable energy vertical, TiGreen, currently handles up to 2,000 TEUs of solar container movements per month, with volumes projected to grow 40–45% over the next year. The move aligns with the government's plan to add 94.5 GW of AIMM-approved solar cell manufacturing capacity and the Pradhan Mantri Surya Ghar Muft Bijli Yojana scheme, which is expected to drive long-term component demand and EXIM flows.
This is a positive capacity-expansion announcement signaling strong growth visibility in the solar logistics segment. For shareholders, the projected 40–45% volume increase in TiGreen and reinforced regional leadership suggest potential revenue growth, though execution risks and dependence on the solar sector remain.