Trident Group Unveils Rs 2000 Crore Plan To Boost Growth And Jobs In Punjab

• Trident Group announces a Rs 2,000 crore expansion plan in Punjab to strengthen regional industrial growth and sustainability.
• Chairman Rajinder Gupta and Punjab Industry Minister Sanjeev Arora jointly outline the investment roadmap at a press conference.
• The expansion includes Rs 1,500 crore for Barnala unit upgrades and Rs 500 crore for a new Mohali corporate office, generating 2,000 jobs mostly for rural women.

Rajinder Gupta, the chairman and promoter of Trident Group, has announced a major expansion of Rs 2,000 crore in Punjab. This move underlines the group's deepened commitment to regional industrial growth, sustainable development, and employment creation.

Conjointly addressing a news conference with Punjab's Industry and Commerce Minister Sanjeev Arora, the group announced that Rs 1,500 crore would be invested in its Barnala unit to expand terry towel production and also upgrade the paper-manufacturing process. The remaining Rs 500 crore would go towards a new corporate office and a capacity-building center at Mohali to shore up the organisational backbone and talent pipeline of the group.

In the filing, Trident said this is not just an expansion of capacity but a big strategy to reinforce its presence in textiles and agro-based paper, advance sustainable operations, and meaningfully contribute to Punjab's industrial ecosystem. The move is set to generate employment opportunities for approximately 2,000 people, most of them semi-skilled rural women, thereby enhancing women's empowerment through gainful employment.

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According to local reports, Gupta reassured stakeholders that this expansion underlines his ongoing belief in Punjab as a preferred investment destination, especially at a time when some industrialists were perceived to be relocating projects elsewhere. He said the project is a 'brown-field expansion' of the Barnala unit and underscored long-standing roots of the group in the region.

Minister Arora hailed the announcement as a reaffirmation of investor confidence in Punjab, pointing to the state’s competitive advantages and the government’s emphasis on attracting real, implementation-ready industrial investments.

In all, the Rs 2,000 crore plan by Trident Group weaves together manufacturing scaling, corporate infrastructure build-out, talent development, and gender-inclusive employment strategy. It forms an important chapter in the region's industrial narrative, especially for Barnala's textiles and paper clusters, and Mohali's evolution into a capacity-development hub.