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Trident Group plans greenfield expansion in India

Environment  -  Feb 26,2025  - 

Trident Group plans a greenfield expansion in India as the country evolves into a key quality and brand sourcing hub.

The company has earmarked Rs 1,000 crore for sustainability, modernisation, and asset enhancement in FY26, it is currently in the planning phase for expansion, with an official announcement expected next year.

India is shifting from being a low-cost sourcing hub to a quality-driven market, driven by increasing domestic consumption. India's demand trajectory is expected to change significantly, with the country projected to become the world's third-largest economy by 2047. 

Out of the company's total revenue of Rs 7,000 crore, textiles contribute Rs 5,500-6,000 crore, with 85-90 percent of the business coming from international markets, particularly the US.

Company : Trident Group