Trident plans Rs.7,200-Crore Investment.
Mr.Rajinder Gupta,Chairman,Trident Group.
Photo - Courtesy - THE TEXTILE MAGAZINE. Chennai- 600014
Trident Ltd., the flagship company of the Trident Group, has formulated long term business goals and devised growth plans for the company that is in line with the vision to be $ 3 Billion in revenues by 2015. Keeping in view the current business synergies, Trident has proposed the following expansion plans in Madhya Pradesh with the total outlay of Rs.7,200 crores.
As a part of the company's massive project in Budni, Madhya Pradesh, Trident will expand its processing and CSP capacity for bed sheet manufacturing, bed linen unit comprising of 500 looms, terry towel unit comprising of 300 looms, spinning unit comprising three lakh spindles & 2000 rotors, garments, rugs, top of bed and fashion bedding and technical textile unit. The expansion plan also includes the paper business with a capacity of 500 tonnes per day.
Trident will also invest on utilities, including cogen power plant, solar power plant and multi speciality mini health centre.
The aforesaid projects shall be eligible for various incentives & benefits under mega project policies of the state and central government and are subject to technical feasibility, financial viability and evaluation.
Further, the schedule of implementation shall be in a phased manner as may be approved by the Board from time to time after financial closure and evaluation of all the opportunities that will maximize value and is in the best interest of the company and stake holders.
Trident Ltd. has emerged as the largest player in terms of terry towel capacity and one of the largest player in home textiles space in India. Headquartered in Ludhiana, Punjab, Trident is vertically integrated textile (bath and bed linen) and paper (wheat straw-based manufacturer), and is one of the largest players in home textiles space in India. With the establishment of the StateOf-the-art manufacturing processes and systems coupled with appropriate human capital and credentials, Trident has frequently received accolades from its patrons in recognition for delivering high quality standards and for its customer centric approach.
Requested for permission to republish to the editor The Textile Magazine by e-mail Dated May 6th 2018 and waiting for permission.
TRIDENTCertified with OEKO-TEX.
Made in Green Label
Trident Ltd.has been certified for the coveted Sustainable Textile Production (STeP), permitting to use the OEKO-TEX " MADE IN GREEN " for its products. The Made in Green label allows consumers to easily trace the manufacturing supply chain, in more transparency to shoppers.
This certification also endorses that the products made are from an environmental friendly facility adopting social responsible processes.
To become OEKO-TEX certified , Trident's Home Textiles facilities underwent extensive assessment and subsequent audit in line with certification mandates on pillars, including environmental performances and management, chemical management, quality management, health, safety, and social responsibility.
Commenting on the certification Mr.Rajinder Gupta,Chairman,Trident Group. said "such accreditations strengthen customers trusts for Indian home textiles products and augment the company's brand value in the international home textile . Further the company has always been and remain commited to sustainability and do its best to positively impact the communities we serve.
Every product with a MADE IN GREES OeKO-TEX label has its own unique product ID OR QR CODE. The product code confirms that the article meets the criteria, displaying the stages involved in the manufacturing of the article from production of yarn to the finished product itself.
MADE IN GREEN by OEKO-TEX revolves around product safety as sustainability. The labeled products are safe as they have been tested for harmful substances as per the STANDARD 100 by OEKO-TEX, and are eco friendly because manufactured in facilities that are environmental conscious with socially responsible working conditions as certified by the STeP by OEKO-TEX sustainability factory certification.
( I have requested "THE TEXTILE MAGAZINE" permission to republish the above article and waiting for the reply.)