Trident Group's Bold Steps: Investing in Sustainability and Expanding MyTrident

Trident Group has announced a Rs 1,000 crore investment for FY25-26, focusing on sustainability and modernization. Aiming to triple domestic business by 2027, the group is launching 'LUXEHOME by myTrident'. Investments focus on renewable energy, branding, and expanding market presence in India.

Home textiles leader Trident Group is setting aside Rs 1,000 crore for the fiscal years 2025-26 to fuel sustainability, modernization, and asset enhancement initiatives.

The company strives to triple its domestic market share by 2027 and launches 'LUXEHOME by myTrident' in the luxury segment. CEO Samir Joshipura disclosed that Rs 600-650 crore of the investment would prioritize renewable energy and sustainability.

Plans include converting 60% of the Budhni campus's energy usage to non-fossil sources. Chairman Rajinder Gupta emphasized a commitment to advanced technology and market-driven solutions, while expanding retail presence to boost growth in India.

(With inputs from agencies.)