Investment21 Nov 2025, 02:09 pm
Trident Ltd. Announces ₹2,000 Crore Expansion in Punjab for Growth and Employment
AI Summary
Trident Group, chaired by Padma Shri. Rajinder Gupta, has unveiled a ₹2,000 crore expansion plan in Punjab, aiming to boost industrial growth, employment generation, and sustainable development. The investment will be allocated to scale up Terry Towel production, modernize paper manufacturing facilities, and establish a corporate office and capacity-building center. This strategic initiative is expected to create 2,000 job opportunities, focusing on engaging semi-skilled rural women, thereby advancing women's empowerment.
Key Highlights
- ₹2,000 crore expansion plan in Punjab
- Investment in Barnala for Terry Towel production and paper manufacturing facilities modernization
- ₹500 crore allocated for a corporate office and capacity-building center in Mohali
- Expected creation of 2,000 job opportunities
- Focus on engaging semi-skilled rural women and women's empowerment