• Rs. 25,000 crore turnover • Establishing National Brand • Completing Industry 4.0
Trident Group has recently invested Rs. 338 crores in adding fresh spinning capacity. The company has added 61,440 spindles and 480 rotors including other balancing equipments. Trident has commenced commercial operations of the expanded capacity on the 27th of July 2021.
Prior to this capacity expansion, Trident’s spinning capacity was 5,27,808 spindles, 6, 984 rotors and 160 Airjet. The new investment of Rs. 338 crores includes Rs. 253 crores of external borrowings and Rs. 85 crores of internal accruals.
Trident Group expects the capacity addition to further strengthen the company’s position in the textile sector. In FY21, Trident’s capacity utilization was 84%. Trident clocked turnover of Rs. 45,353.1 million for the year 2020-21.
Established in 1990, Trident Limited is the flagship company of the dynamic and growth-oriented USD 1 billion Trident Group. Founded by Mr Rajinder Gupta, Chairman and first-generation entrepreneur, the Company is one among the top five terry towel giants of the world. Headquartered in Ludhiana, Punjab, it is the largest player in terms of terry towel capacity and one of the biggest players in home textiles in India. From being a solitary yarn manufacturer, the Company has transformed into one of the largest state-of-the-art integrated home textile and paper manufacturers globally.
Trident is a leading manufacturer of yarn, bath linen, bed linen, wheat straw-based paper, chemicals, and captive power. In 2016, the Company ventured into the bed linen space by commissioning a facility in Budni, Madhya Pradesh. The Company has three state-of-the-art manufacturing facilities, two in Barnala, Punjab and one in Budni. It has marketing offices spread across the country in Chandigarh, Bhopal, Gurgaon, Delhi and Surat and internationally in New York, USA and Warrington in Cheshire, United Kingdom. The Company has spread its footprint in over 150 countries worldwide.
VISION 2025
To accelerate the growth momentum, Trident launched ‘Vision 2025’ aimed at synchronizing group efforts for better positioning of the Company in all business verticals. The Company is seeking to unlock long-term sustainable value for shareholders. Its plan is to achieve revenues of Rs. 25,000 crore by 2025 with a 12 per cent growth in the bottom line; make Trident a national brand and digitalize by completing the journey of smart manufacturing or Industry 4.0. The Board has authorized its strategy committee to examine various rapid-growth strategies.
The strategy committee shall explore various options to boost shareholder value including capital allocation strategies to improve return ratios, expansion of existing businesses and diversification into new businesses through organic and inorganic growth. The committee shall look into creation of focused business groups to generate synergies and explore business alliances. Optimization of leveraging capacity to create value and penetration into new markets, product development, E-commerce, and brand building are also part of the Committee’s growth strategy.
COTTON YARN
Operating for almost two decades in the industry, the Company has the largest spinning installation at a single campus in India. It manufactures high quality cotton yarns for both indigenous consumption in the home textile segment and for retail sale. The manufacturing facilities are equipped with advanced technologies like blow room from Trutzchler, ring frame from Zinser and Murata, compact attachments of Suessen, and testing technologies like UT 5. Its vast product portfolio includes a wide range of premium quality yarn.
Cotton Yarn Product Portfolio
• 100 per cent cotton combed yarn • Special open-end yarn • Organic cotton yarn • Core spun yarn • Blended yarn • Eli-twist yarn • Slub yarn • Compact yarn
• Air rich yarn • Certified cotton yarn • Mélange yarn
• Packed dye yarn • Gassed mercerized yarn • Zero twist yarn • Wrapper yarn • Bamboo/cotton yarn • Modal/cotton yarn • Soya/cotton yarn • Polyester/cotton yarn • BCI cotton yarn • BMP cotton yarn • 100 per cent dyed yarn
HOME TEXTILES
The Company holds a unique place in the home textile space as one of the largest vertically integrated companies globally. Bath and Bed Linen are the two main business divisions. Innovation lies at the very heart of Trident, be it in the production infrastructure, fiber use, yarn production or processing. The Company has a strong grip across its value chain.
The Company’s state-of-the-art production facilities include spinning, wide-width air jet and jacquard weaving, soft flow dyeing and fully automated cutting and sewing for towels.
The manufacturing units are equipped with world-class machinery like Karl Mayer, Texpa, Schmale, and Thies from Germany; Toyota from Japan; Beninger from Switzerland; Anglada from Spain; ETON from Sweden; Zimmer from Austria and Picanol from Belgium.
The Company’s design studios in US and UK ensure proximity to the market and its customers. It has a dedicated team of qualified designers from the most prestigious Indian institutes for end-to-end product and print design innovation.
In order to enhance the presence of Trident, the Company has also opened six New Showrooms Across India in January, 2021 and further Six showrooms in the Month of April, 2021.
BATH LINEN DIVISION
The Company is the largest player in terry towel capacity. In the US market, it holds the position of being one of the leading suppliers of bath linen. The Company has been at the forefront of innovation to introduce superior quality products conforming to global standards. It has manufacturing units at Barnala, Punjab and Budhni, Madhya Pradesh.
The average capacity utilization of this segment has been exceptionally high at 53 per cent due to growing exports as a result of the Covid-19 pandemic.
Bath linen division
• Luxury • Organic • Spa & Hotel • Beach • Designer • Jacquard
• Dobby Texture • Bath Mats • Checkered • Waffle • Infants & Kids
• Bath Rugs
BED LINEN DIVISION
Trident is a complete bedding solution provider with a wide product portfolio and unmatched design capabilities. The division has witnessed huge traction primarily led by increasing exports. It clocked the highest capacity utilization of around 80 per cent in the year under review.
Bed linen product portfolio
• Solid/Printed Sheets • Top-up Sheets • Duvets • Comforters • Fitted Sheets • Pillow Cases • Quilts • Decorative Pillows • Coverlets • Dohars
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“VISION 2025 marks a significant milestone in the journey of Trident. The same will greatly enhance our ability to synchronize our efforts for better positioning of the company in all business verticals.
– Rajinder Gupta