Trident has unveiled an ambitious investment plan of Rs. 1,450 crores for capacity expansion across its spinning, bath linen and chemical businesses. Currently boasting a capacity of 5.89 lakh spindles, 7464 rotors, 320 airjet spinning, and 622 looms, the company aims to add approximately 100,000 spindles and 42 looms, investing Rs. 1,350 crores. An additional Rs. 100 crores will be directed towards enhancing the chemicals business. The comprehensive expansion project is slated for completion by March 2024, leveraging Trident’s business acumen and capturing synergies within the industry.
More recently Trident has achieved a significant milestone with the commencement of commercial production for its bed linen & co-gen project. Recent projects, valued at Rs. 400 crores, have substantially increased sheeting capacity and co-gen capabilities. With an initial sheeting capacity of 120,000 meters per day, Trident invested Rs. 228 crores to add an extra 55,000 meters per day, operational since September 2023. 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, a global player in the Indian business landscape, Trident Limited, headquartered in Ludhiana, Punjab, stands as a vertically integrated textile and paper manufacturer. Covering yarn, towel, bed sheets, and paper businesses, Trident has earned global acclaim, serving millions of consumers in India and beyond. Renowned for its home textile prowess, the organization supplies national, captive, and retailer-owned brands. Trident has garnered numerous awards from customers, vendors, and government entities for maintaining the highest standards in product quality, social responsibility, and environmental stewardship. Operating in four key segments — Yarn, Towel, Bedsheets, and Paper & Chemicals — Trident has manufacturing facilities in Punjab and Madhya Pradesh.
