Trident Group Reinforces its Commitment to Growth, investment, and Employment in the Textile Sector

By 121 News

Chandigarh, Dec.09, 2024:--Trident Group Chairman 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 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,Rajinder Gupta expressed his gratitude to the Madhya Pradesh government, he highlighted Trident's remarkable journey in the state. He shared that 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.

Looking ahead, Rajinder 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.

He said that 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. 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,Rajinder  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.