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At planning stage for expansion in India, says Trident CEO
Mint Kolkata
|February 24, 2025
Home textiles major Trident Group is charting out plans for greenfield expansion in India, which is gradually emerging as a quality and brand sourcing hub, while domestic consumption is also expected to multiply going forward, according to its chief executive officer (CEO) Samir Joshipura.
The group, which has earmarked ₹1,000 crore capex for fiscal year 2026 (FY26) for sustainability, modernization and asset enhancement initiatives, is currently at a planning stage for its expansion plans in India and is likely to announce it sometime next year, he told PTI.
"We are in a planning phase, but year after, we are going to look at certain significant greenfield expansions... We have the scope of investing heavily, but we are not blindly going out...," he said.
Dit verhaal komt uit de February 24, 2025-editie van Mint Kolkata.
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