Trident Group Engages with Paraguayan President to Explore Global Investment Opportunities
On June 6, 2025, Trident Group, a renowned Indian textile conglomerate, further solidified its international presence through a high-level diplomatic meeting with the President of Paraguay, Mr. Santiago Peña. The meeting was held in Mumbai during President Peña’s official visit to India, where he was hosted by Mr. Rajinder Gupta, Chairman Emeritus of Trident Group.
This strategic engagement marked Paraguay’s intent to attract Indian investments in key industrial sectors and highlighted Trident’s commitment to global sustainability and inclusive industrial development. President Peña acknowledged Trident’s excellence in sustainable manufacturing and extended an invitation to explore investment prospects in sectors such as home textiles, chemicals, and pulp & paper—areas where Trident already holds global recognition.
Rajinder Gupta, while reflecting on the meeting, appreciated Paraguay’s proactive economic policies and emphasized Trident’s dedication to expanding through sustainable, globally integrated operations. He remarked on Paraguay’s unique offerings—such as cost-effective operations, affordable labor, low energy tariffs from hydroelectric sources, and strategic trade advantages through Mercosur membership and geographic proximity to major South American markets.
The meeting signifies a promising milestone in India–Paraguay industrial and economic cooperation. It opens new avenues for Indian manufacturers seeking a sustainable and scalable presence in Latin America. Further talks between Trident and Paraguayan trade authorities are expected to take place, paving the way for strategic investments and long-term partnerships.
