Trident's Green Expansion Sets New Textile Standards

Trident Group, a prominent home textiles company, is set to undertake a greenfield expansion in India, as the country increasingly becomes a major hub for quality sourcing and brand development.

The company has allocated Rs 1,000 crore for initiatives focused on sustainability, modernisation, and asset enhancement for FY26. Currently in the planning stage, an official announcement regarding the expansion is expected next year.

As India transitions from being a low-cost sourcing hub to a market driven by quality, the demand landscape is shifting. With rising domestic consumption, India is poised to become the world's third-largest economy by 2047. Of the company's total revenue of Rs 7,000 crore, textiles account for Rs 5,500-6,000 crore, with 85-90% of business originating from international markets, particularly the US.

News by Rahul Yelligetti.