Trident Ltd. has approved a Rs 4,650-crore investment programme to expand its manufacturing operations across yarn, sheeting, paper and renewable energy. Approved by the company’s board, the projects will be implemented in phases, with completion timelines extending from December 2027 to September 2029.
The investment programme is aimed at increasing production capacity, upgrading existing manufacturing infrastructure and strengthening the company’s renewable energy capabilities across its businesses.
The largest investment of Rs 1,660 crore has been allocated to a new yarn manufacturing facility at Dhar, Madhya Pradesh, with a proposed capacity of 1,99,680 spindles.
The project is expected to be completed by September 30, 2029. The company has acquired 179.2 acres of leasehold land for approximately Rs 106.09 crore.
Trident will invest another Rs 1,022 crore in expanding and modernising its existing yarn facility at Budhni, Madhya Pradesh. Scheduled for completion by December 31, 2027, the project will add 99,840 spindles, replace 48,000 older spindles with 70,176 new spindles for finer-count yarn production, and upgrade 960 older rotors with 2,400 new rotors. The Budhni facility currently operates at 94% capacity utilisation.
In the sheeting business, the company has earmarked Rs 1,018 crore to add 336 looms, increasing its total loom capacity from 504 to 840. The expansion is targeted for completion by January 31, 2028. Existing capacity utilisation in the sheeting business stands at 58%.
The paper business will receive Rs 296 crore to increase production capacity by 28 tonnes per day, taking total capacity from 479 to 507 tonnes per day. The project is expected to be completed by March 31, 2028. Current capacity utilisation in the paper business stands at 81%.
Additionally, Trident has allocated Rs 654 crore for a hybrid renewable energy project comprising 60 MW of wind power and 20 MW of solar power on an AC basis. The project is scheduled for completion by October 31, 2028, and will complement the company’s existing solar capacity of 57.3 MW DC peak.
Trident’s existing yarn manufacturing operations across Sanghera in Punjab and Budhni in Madhya Pradesh have a combined capacity of 7,46,064 spindles, 5,424 rotors and 320 air-jets.
