Trident Group announces ₹2,000 crore expansion in Punjab

Trident Group is set to invest ₹2,000 crore in Punjab, reinforcing its commitment to the region's industrial growth and sustainable development. The strategic expansion was revealed during a press briefing led by Punjab's industry and commerce minister, Sanjeev Arora. The plan includes a ₹1,500 crore investment in Barnala to scale up terry towel production and modernize paper manufacturing facilities.

Additionally, ₹500 crore will be allocated in Mohali to establish a corporate office and a capacity-building center. This initiative is expected to generate 2,000 employment opportunities, with a strong focus on engaging semi-skilled rural women and advancing women's empowerment.

Trident Limited, the flagship company of Trident Group, is a global player headquartered in Ludhiana, Punjab. The company is a vertically integrated textile and paper manufacturer, known for its towels, yarns, bedsheets, and wheat straw-based paper. Trident Group operates in textiles, paper, and chemicals, with manufacturing facilities in Punjab and Madhya Pradesh.