Trident Group allocates Rs 1,000 cr capex on sustainability, modernisation

Q: How long will it take to read this news story?

The story "Trident Group allocates Rs 1,000 cr capex on sustainability, modernisation" has 520 words across 13 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Trident Group allocates Rs 1,000 cr capex on sustainability, modernisation" was covered 1 weeks ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 148 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #26143195</li><li>URL: https://beamstart.com/news/trident-group-allocates-rs-1000-17395333834251</li></ul>

Business Standard Logo Business Standard 1w ago

Trident Group allocates Rs 1,000 cr capex on sustainability, modernisation - Business Standard

Quick Summary:

"We are going to invest Rs 1,000 crore but out of that, almost Rs 600-650 crore would be in the renewable-sustainability side, the remaining would be on modernisation side," Trident Group CEO Samir Joshipura told PTI here on the sidelines of Bharat Tex 2025.

Home textiles major Trident Group on Friday said it has earmarked Rs 1,000 crore capital expenditure for FY25-26 for sustainability, modernisation, and asset enhancement initiatives.

The group has also set a target of increasing its domestic business by three-fold, by 2027, with its home textile brand, myTrident, expanding into the luxury segment with the launch of 'LUXEHOME by myTrident' label.