Trident is expanding spinning capacity at its Madhya Pradesh plant. The project, is expected to begin commercial production by January 2021, will help strengthen Trident’s existing home textile business and further expand its market presence. Trident’s existing capacity is 5,43,744 spindles and 6,464 rotors, and the current capacity utilisation is 99 per cent. Trident has planned for maintenance capex at Rs 100 crores for fiscal ’20 and the same will be utilized toward small maintenance capex in the form of de-bottlenecking and upgradation of capacities.

Trident is the flagship company of the Trident Group, an Indian business conglomerate and a global player. Based in Punjab, Trident is a vertically integrated textile (yarn, bath and bed linen) and paper (wheat straw-based) manufacturer and is one of the largest players in the home textile space in India. The company is upgrading its business operating system.

India has emerged as not only the largest producer of raw cotton but also a major cotton surplus and cotton exporting country in recent years. This gives a distinct advantage to Indian home textile manufacturers. Home textile companies which have invested in technology and systems are bound to consolidate and grow, leveraging their capabilities with cost-efficient manufacturing and a strong market presence.