Trident In Talks With Paraguay For Global Expansion
Paraguay invites Trident to invest in key sectors as both parties explore strategic synergies for industrial growth and global market access
Trident Group, one of India’s leading textile conglomerates, took a significant step towards expanding its global footprint during a high-level meeting with President of Paraguay, Santiago Peña, held recently in Mumbai. The diplomatic engagement between President Peña and Rajinder Gupta, Chairman Emeritus of Trident Group, focused on exploring strategic investment opportunities that align with both Paraguay’s industrial ambitions and Trident’s global growth agenda.
Described by both parties as “very constructive,” the meeting was part of President Peña’s official visit to India aimed at attracting Indian investment into Paraguay’s expanding industrial sectors. Recognizing Trident’s global leadership in sustainable manufacturing, President Peña personally reached out to Gupta, inviting the group to explore investment avenues in key sectors such as home textiles, chemicals, and pulp & paper—areas where Trident has already achieved global excellence.
“We are honoured by President Peña’s outreach and impressed by Paraguay’s proactive stance toward global collaboration,” said Gupta. “Trident Group has long envisioned growth through sustainable and globally integrated operations. Paraguay’s unique advantages make it an exceptionally compelling destination for future investment.”
As a company driven by eco-conscious innovation and inclusive development, Trident sees Paraguay as a strategic partner in its international expansion plans. The meeting also reinforces India–Paraguay economic diplomacy and opens new avenues for Indian manufacturers seeking to scale operations sustainably across Latin America.
President Peña highlighted Paraguay’s competitive advantages for global investors, including:
- Cost-Efficient Operations: Low labour costs, affordable industrial land and abundant hydroelectric power leading to some of the world’s lowest energy tariffs.
Strategic Trade & Market Access: A central location close to major South American markets such as Brazil and Argentina, and duty-free access within the Mercosur trade bloc with preferential entry to European markets.
