Leading textile and paper manufacturer, Trident Limited, unveiled an ambitious investment plan of Rs. 1,450 crores aimed at expanding its capacity across various key sectors. With an existing impressive capacity of 5.89 lakh spindles, 7464 rotors, 320 air-jet spinning, and 622 looms, Trident has set its sights on adding approximately 100,000 spindles and 42 looms, amounting to an investment of Rs. 1,350 crores. Furthermore, an additional Rs. 100 crores will be allocated towards enhancing the chemicals business.
Targeting completion by March 2024, this comprehensive expansion project exemplifies Trident’s commitment to leveraging its expertise and capturing synergies within the industry. Notably, Trident recently celebrated a significant milestone with the commencement of commercial production for its bed linen and co-gen project, valued at Rs. 400 crores.
The project has substantially increased Trident’s sheeting capacity and co-gen capabilities.
In Q2FY24, Trident reported an income of Rs. 17,755 million, contributing to a cumulative Rs. 32,281 million in H1FY24. As the flagship company of the Trident Group, headquartered in Ludhiana, Punjab, Trident Limited stands as a globally recognized vertically integrated textile and paper manufacturer. With a strong presence in the yarn, towel, bed sheets, and paper businesses, Trident is renowned for its home textile prowess, supplying national, captive, and retailer-owned brands.
Trident’s commitment to maintaining the highest standards in product quality, social responsibility, and environmental stewardship has garnered numerous awards and accolades from customers, vendors, and government entities. With manufacturing facilities in Punjab and Madhya Pradesh, Trident continues to serve millions of consumers in India and beyond.
