Tiger Logistics Expands in Gujarat to Boost Solar EXIM Flows and TiGreen Capacity
Tiger Logistics expanded Western India operations by strengthening its Gujarat setup for solar EXIM flows. The company already operated from Gandhidham and Ahmedabad. It appointed a General Manager for the Gujarat Region. Tiger Logistics said this would tighten processes, lift service discipline, and improve response time for key accounts.
Gujarat remained central to India’s solar supply chain. The state produced 49% of the country’s solar cells. It also made 47% of modules. Tiger Logistics expected this corridor to stay busy. The company linked the move to fast-growing supply chains and rising export-import requirements.

Tiger Logistics handled solar cargo through its renewable vertical, TiGreen. TiGreen managed up to 2,000 TEUs of solar container moves each month. Most of this volume came from clients in Gujarat. Tiger Logistics expected monthly solar moves to grow by 40-45% over the next year.
The company tied the growth outlook to a strong customer pipeline. It also cited continued sector expansion in Gujarat. Tiger Logistics added that deeper regional capability should support higher throughput. It viewed the leadership change as a way to improve customer proximity and field-level execution.
India’s solar makers planned major capacity additions. Announcements pointed to around 94.5 GW of new AIMM-approved cell capacity in coming years. Tiger Logistics aligned this with Pradhan Mantri Surya Ghar Muft Bijli Yojana. The scheme renewed rooftop demand and was expected to support EXIM flows and component needs.
"For Tiger Logistics, with its specialized renewable energy logistics vertical and proven handling capabilities, this represents a significant pipeline of future business opportunities," said the company in a statement.
Mr. Harpreet Singh Malhotra, CMD of Tiger Logistics (India) Limited, said, "Our Western India expansion is driven by clear market visibility and the scale at which our solar clients are growing in the state. Enhanced leadership and stronger operational depth in Gujarat will ensure that we can offer sharper responsiveness, tighter process control, and the long-term reliability our customers expect."
Tiger Logistics (India) Ltd shares ended lower on the NSE on February 23, 2026. The stock closed at Rs 31.99, down 0.37% from the prior close. It opened at Rs 32.88 and moved between Rs 33.06 and Rs 31.51. Trading volume stood at 35,978 shares.
| Metric | Value | Close (Feb 23, 2026) | Rs 31.99 |
|---|---|
| Day change | -0.37% |
| Open | Rs 32.88 |
| Intraday high / low | Rs 33.06 / Rs 31.51 |
| Shares traded | 35,978 |
| Market capitalisation | About Rs 343 crore |
| EPS | Rs 2.44 |
| Trailing P/E | 13.09 |
| 52-week high / low | Rs 56.69 / Rs 28.61 |
With a market value of about Rs 343 crore, Tiger Logistics remained a small-cap logistics stock. Its valuation reflected an EPS of Rs 2.44 and a trailing P/E of 13.09. Over the last year, the share traded between Rs 56.69 and Rs 28.61. The Gujarat expansion added operational detail alongside these market indicators.


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