Trident Group announces ₹3,000 Crore investment in Madhya Pradesh

Trident Group, a leader in the textile sector, has announced a significant investment of ₹3,000 crores in Madhya Pradesh, reinforcing its commitment to industrial growth and employment generation. The announcement was made by Trident Group Chairman Shri Rajinder Gupta during the Invest Madhya Pradesh: Regional Industry Conclave held in Narmadapuram, where he shared the company’s vision for expansion in the state.

Mr. Rajinder Gupta, Chairman , Trident Group

Shri Gupta, in a one-on-one meeting with Hon’ble Chief Minister of Madhya Pradesh, Dr. Mohan Yadav, discussed potential avenues for investment and industrial development in the region. While addressing the conclave, Shri Gupta expressed his gratitude to the Madhya Pradesh government for fostering an investor-friendly environment and highlighted Trident’s impactful journey in the state.

“We ventured into Madhya Pradesh a few years ago with an initial investment of ₹5,000 crores. Today, our products from Madhya Pradesh are exported to 122 countries, witnessing growing global demand,” shared Shri Gupta. Building on this success, the company’s latest ₹3,000 crore investment will focus on expanding its textile operations in Madhya Pradesh, boosting employment opportunities from the current 12,000 to over 15,000 jobs.

Shri Gupta underscored Trident’s commitment to sustainability and local sourcing, ensuring that the benefits of their operations stay rooted in the state. “From cotton sourcing to finished goods production, our operations are deeply integrated within Madhya Pradesh. The state’s emphasis on green energy, with immense potential in solar and wind energy, aligns perfectly with our sustainability goals,” he said.

A key highlight of Trident’s expansion is its focus on empowering women, with 50% of the new employment opportunities being reserved for women. Additionally, the company is investing in skill development to ensure inclusive growth.

Praising the visionary leadership of Chief Minister Dr. Mohan Yadav, Shri Gupta emphasized that Madhya Pradesh has become a hub for innovation, sustainability, and industrial progress. “The collaboration between intellectuals and industrialists, facilitated by the state government, has energized regional development and further strengthened Madhya Pradesh’s reputation as a preferred destination for investors worldwide,” he added.

With this latest investment, Trident Group continues to set benchmarks in the textile industry, aligning its growth with sustainable and inclusive practices while contributing to the socio-economic development of Madhya Pradesh.