Trident Group Plans to Invest Rs. 3,000 Crore In Madhya Pradesh

Date:

  • Paves the way for textile revolution with new investment plans
  • Showcases Global Success, Highlights Commitment to Growth and Sustainability

National 10 December, 2024: Trident Group Chairman Shri Rajinder Gupta recently visited Madhya Pradesh to participate in Invest Madhya Pradesh: Regional Industry Conclave held at Narmadapuram. Madhya Pradesh Chief Minister Dr. Mohan Yadav held important discussions with Trident Group Chairman Shri Rajinder Gupta in a one to one meeting on the possibilities of investment and industrial expansion in the textile sector.

Later while addressing the gathering at the Regional Industry Conclave, Shri Rajinder Gupta expressed his gratitude to the Madhya Pradesh government, he highlighted Trident’s remarkable journey in the state. “We ventured into Madhya Pradesh a few years ago and invested ₹5,000 crores. Today, our finished products from Madhya Pradesh are exported to 122 countries, with demand continually rising,” he shared.

Looking ahead, Shri Gupta announced Trident Group’s plans to invest an additional ₹3,000 crores in the state’s textile sector which will expand employment opportunities here at Trident Group from current 12,000 to over 15,000.

“We are committed to ensuring that the benefits of our operations stay within Madhya Pradesh, from sourcing cotton to producing finished goods. The state is an ideal confluence of sustainability, inclusive growth, and green energy, with immense potential for solar and wind energy development,” Shri Gupta said. He also emphasized Trident’s focus on skill development and women empowerment, with 50% of new employment opportunities reserved for women.

Praising the Chief Minister’s visionary leadership, Shri Gupta noted that fostering collaboration between intellectuals and industrialists has energized innovation and regional development. This initiative reinforces Madhya Pradesh’s reputation as a hub for sustainable industrial growth and inclusive progress, further cementing its appeal to investors worldwide.

Bhargav Pathak
Bhargav Pathakhttps://textilesresources.com
With a passion for the textile, apparel, and fashion industry, I embarked on a journey fueled by education from NIFT Gandhinagar and affiliation with NDBI at NID Ahmedabad. Since 2006, I've contributed to various corporate ventures, specializing in B2B, B2C, SaaS, and AI products within the textile domain. In July 2023, I launched TextilesResources.com, a knowledge hub offering the latest news, articles, and soon-to-come features like interviews and a trade fair calendar. Grateful for the growing community, we've recently introduced a Business Directory for enhanced visibility. Join us on LinkedIn and stay connected with the ever-evolving textile landscape!

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