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Trident expands manufacturing in Punjab and Madhya Pradesh

With manufacturing facilities in Punjab and Madhya Pradesh, Trident, the flagship of the Trident Group, operates in two main business segments, textiles and paper. Trident has become one of the largest integrated home textile producers in the world with the stabilisation of its new towel facility at Budni in Madhya Pradesh and the recent foray into bed linen.

The company has nine manufacturing units in Barnala (Punjab) and Budni (Madhya Pradesh) with state-of-the-art facilities (ring spinning, carding, combing, open-ended spinning and yarn dying) sourced from globally-renowned suppliers, with an installed capacity of 3.66 lakh spindles and 5,500 rotors capable of manufacturing 8,400 tonnes of cotton and blended yarn per month. The product range services the needs of the knitting, weaving, denim, hosiery, shirting and suiting segments.

Last year, Trident increased its towel manufacturing capacity to 688 looms. The plant at Budni is the biggest standalone terry towel facility globally. At present the company’s production capacity is 88,775 metric tonnes of towel per annum at optimum utilisation with a balanced product mix, and a bed linen production capacity of 43 million metres. Textile products from Trident are exported to over 60 countries and contribute 78 per cent to the total revenue of Rs. 37,843 million.

Rajinder Gupta, Chairman, Trident Group said that over the next few years, the company’s focus is to improve the contribution of home textile products to the overall revenue mix by enhancing their presence in the domestic market and deepening their penetration in the export market. This, he says would enable them to deliver healthy earnings growth, in future.