Trident Ltd Approves ₹4,650 Cr Expansion Project

Trident Ltd's Board of Directors has principally approved a significant capacity expansion and modernization project valued at INR 4,650 Crores. The project includes adding 99,840 spindles and modernizing older machinery at its Budhni facility, setting up a new yarn manufacturing unit with 199,680 spindles in Dhar, expanding sheeting business by 336 looms, increasing paper manufacturing capacity by 28 TPD, and establishing a 60 MW hybrid renewable energy project. The expansion is expected to strengthen market position, enhance operational capabilities, and support sustainable operations. The investments range from INR 296 Crores for the renewable energy project to INR 1,660 Crores for the new yarn facility in Dhar, with completion dates ranging from December 2027 to September 2029.