Trident sets project completion dates through 2029
Key Highlights
Trident has received board approval for a ₹4,650 crore expansion and modernisation plan to upgrade its manufacturing and energy facilities.
Trident has received board approval for a ₹4,650 crore capacity expansion and modernisation plan across its business segments. The company intends to upgrade its yarn manufacturing facilities and expand its sheeting and paper production capabilities through these investments. These projects aim to enhance operational efficiency and strengthen the company’s market position in both domestic and international sectors.
The company plans to add 99,840 spindles at its existing Budhni facility in Madhya Pradesh, alongside modernising older machinery. This specific initiative requires an investment of ₹1,022 crore and is expected to be completed by December 31, 2027. Additionally, a new yarn facility will be established in Dhar, Madhya Pradesh, with 1,99,680 spindles at a cost of ₹1,660 crore, slated for completion by September 30, 2029.
Further expansion includes adding 336 looms to the sheeting business for ₹1,018 crore by January 31, 2028, and increasing paper manufacturing capacity by 28 TPD for ₹296 crore by March 31, 2028. Trident will also invest ₹654 crore in a 60 MW hybrid renewable energy project, combining wind and solar power. The company stated these projects will support sustainable operations and improve overall energy efficiency.
Based on company and agency reports. For information only; not investment advice.