India’s Home textiles giant, Trident Group, is gearing up for a major greenfield expansion, reinforcing its commitment to sustainability and modernisation. With India rapidly transitioning from a low-cost sourcing destination to a quality and brand-driven hub, the company is carefully strategizing its next move, said CEO Samir Joshipura.

Speaking to PTI, Joshipura revealed that Trident has earmarked 1,000 crore for capital expenditure (capex) in FY26, focused on sustainability initiatives, asset enhancement, and modernization. The company is currently in the planning phase and is expected to announce its expansion plans next year.

"We are in the planning phase, but the year after, we will explore significant greenfield expansions. While we have the scope to invest heavily, we are taking a calculated approach," Joshipura stated.

Explaining this cautious strategy, he emphasized that India is undergoing a major macroeconomic transition, positioning itself beyond just a low-cost sourcing hub. With rising domestic consumption and an evolving global perception of Indian textile capabilities, the company is aligning its investments with long-term industry shifts.

"India’s domestic consumption is set to drive us into an entirely new growth trajectory, distinct from other low-cost sourcing nations. We are keenly assessing how demand will evolve as we move toward 2047, when India is projected to become the world’s third-largest economy. Understanding this shift is crucial to making the right investment decisions," he added.

With a strong vision for the future, Trident Group's upcoming expansion aims to solidify India’s reputation as a global textile powerhouse, blending sustainability with cutting-edge manufacturing. As the country embraces its new identity in the global market, Trident is positioning itself at the forefront of this transformation.