Searches are underway at several locations of Trident Group including Punjab and NCR. More details are currently awaited on the raids.
The size of the mall is 4.5 lakh square feet.
Trident Group chairman said that women empowerment was the priority with this initiative, and that 10,000 families are expected to benefit from the investment.
Inspirational Brands - Make In India brings you a story from the land of five rivers, Punjab -- of Trident Group -- as we continue our journey across the country bringing you stories of companies helming some of the most exciting businesses that are contributing towards the Make In India dream of Prime Minister Narendra Modi.
The Trident Group firm had posted a net profit of Rs 20.98 crore for the corresponding period of the previous fiscal, it said in a filing to the BSE.
Textile giant Trident Group has planned to invest over Rs 2,300 crore on setting up a new home furnishing product facility and expanding its terry towel capacity in Punjab.