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Trident to invest ₹2,000cr in Punjab, create 2,000 jobs

Business

Trident Ltd. is putting ₹2,000 crore into Punjab, with most of it going to expand towel and paper production in Barnala and the rest for a new office and center in Mohali.
The initiative is expected to accelerate growth and generate employment in Punjab.

2,000 new jobs—many for rural women

This investment is set to create about 2,000 jobs across Punjab. A big focus will be on hiring semi-skilled rural women, giving them more opportunities and supporting women's empowerment.
Trident's chairman Rajinder Gupta shared the news earlier this week.

Quick snapshot: Trident's recent numbers

Trident saw its net profit rise by 9% last quarter (₹91 crore), with revenue up too—but margins dipped a bit.
The company's stock has declined 15.8% this year, trading at ₹28.5 as of Friday afternoon.