Trishakti Industries Limited intends to form a joint venture with PT Tubular Services Indonesian to set up a seamless pipe plant with estimated project value of approximately INR 600 million. This joint venture is a strategic move to expand operations and introduce new products into the market. The seamless pipe plant will cater to the growing demand for high-quality pipes in various industries such as oil and gas, construction, automotive, and infrastructure development.

The joint venture will bring together the technical expertise and resources of both companies to establish a facility that will meet the stringent quality standards and production requirements of the industry.