Latest news with #TridentGroup
India.com
a day ago
- Business
- India.com
Meet richest person of Punjab, school dropout, worked in factories, now owns Rs 15000 crore company, his business is…, called ‘Mukesh Ambani of Punjab'
Rajinder Gupta was forced to leave school at the age of 14 due to family circumstances. He worked in factories but always wanted to do something extraordinary. So he started a small fertilizer business in the 1980. According to media reports, in 1985, he used his savings to establish Abhishek Industries , a fertilizer business that was the beginning of his business journey. Over time, this small venture became what Trident Group is today with a market capitalization of Rs 15,000 crore. Journey Of Trident Group Trident Group is the second-largest exporter of home textile products in India and operates in several other sectors like chemicals and paper manufacturing. Some of its major clients include global giants like Amazon, Walmart, Target, and IKEA. Additionally, Trident is among the top five terry towel manufacturers globally. Starting from a fertilizer business in Punjab, Trident Group has expanded its operations to over 150 countries in the world. After founding Abhishek Industries, Gupta focused on expanding the business. In 1991, he launched a spinning mill. After which he diversified into textiles, paper, and chemicals and extended operations from Punjab to states like Madhya Pradesh. Initially known as Abhishek Industries, the company officially rebranded to Trident Limited on April 18, 2011. 330% Returns In Five Years According to Forbes, Rajinder Gupta's current net worth is around $1.3 billion (Rs 11,288 crore). Trident Ltd is listed on the Bombay Stock Exchange and the National Stock Exchange. Over the past five years, the company's stock has given huge returns to its investors. On June 19, 2020, Trident's share price was Rs 6.80 after some fluctuations, now trades at Rs 29.23. The stock's 52-week high is Rs 41.45, while its low is Rs 23.11. In 2022, citing health and family reasons, Rajinder Gupta resigned as the chairman of Trident Group.
Fashion Value Chain
a day ago
- Business
- Fashion Value Chain
Trident Group Leads Environment Week With Green Action
Trident Group, one of India's foremost textile and paper manufacturing conglomerates, commemorated Environment Week 2025 with impactful initiatives aligned to this year's global theme — 'Ending Plastic Pollution.' The week reflected the company's deep-rooted commitment to sustainability, environmental stewardship, and community engagement. At the core of the celebrations was the Nirmal Narmada Abhiyaan, a large-scale river clean-up initiative at Berkheri Ghat in Budhni. With the active participation of over 300 Trident employees and volunteers, more than 15 tons of plastic waste were cleared from the riverbanks, making it a significant act of ecological restoration and public awareness. Furthering its green vision, the Group initiated a tree plantation drive led by Shri Rajinder Gupta, Chairman Emeritus, and Mr. Abhishek Gupta, Chief – Strategic Marketing. This is part of Trident's ambitious goal to plant 20,000 trees, reinforcing biodiversity and environmental resilience. To encourage responsible consumer behavior, Trident distributed cotton fabric bags across local communities to reduce single-use plastic reliance. In parallel, school engagement programs around plastic pollution were conducted to instill environmental awareness in young minds. The Group's Environment Week activities are an extension of its longstanding efforts to integrate sustainability across all operations — from making paper from wheat straw, adopting circular textile practices, shifting to renewable energy, and striving toward zero-waste manufacturing. As the celebrations wrapped up, Trident reaffirmed its belief that collective, consistent efforts can create meaningful change, setting the tone for a greener, more responsible future.
Fashion Value Chain
3 days ago
- Business
- Fashion Value Chain
Trident Group Marks Environment Week 2025 with Large-Scale Community Action and Green Initiatives
Trident Group, a leading Indian business conglomerate and global textile manufacturer marked Environment Week 2025 with a series of meaningful initiatives rooted in the global theme – 'Ending Plastic Pollution.' The week-long observance served as a reaffirmation of Trident's enduring commitment to environmental conservation, community engagement, and responsible growth. At the heart of the celebrations was the Nirmal Narmada Abhiyaan a large-scale community-driven clean-up drive at Berkheri Ghat, Budhni. Over 300 members of the Trident family, including employees and volunteers, came together to rejuvenate the sacred banks of the Narmada River. In a powerful display of unity and purpose, the team successfully removed over 15 tons of plastic waste, reflecting the Group's dedication to restoring ecological balance and promoting conscious living. Shri Rajinder Gupta, Chairman Emeritus, leads Environment Week plantation drive with Trident Group employees, promoting sustainability and green values Taking a step forward in its mission to nurture nature, Trident also launched a tree plantation drive led by Shri Rajinder Gupta, Chairman Emeritus Trident Group in the presence of senior leadership and members of the organization. The initiative forms part of Trident's larger vision to plant 20,000 trees, contributing to increased green cover, enhanced biodiversity, and a sustainable tomorrow. In keeping with its ethos of building better communities, Trident also distributed cotton fabric bags across the local area, encouraging households to adopt sustainable practices and reduce dependence on single-use plastics. This small yet significant gesture exemplifies the Group's belief in initiating change at the grassroots level. Understanding the importance of nurturing environmental consciousness among future generations, Trident organized a series of engaging activities for school children around the theme 'Ending Plastic Pollution.' These interactions aimed to educate, inspire, and empower young minds to take responsibility for the planet they will inherit. These diverse efforts during Environment Week reflect not just Trident's environmental commitments, but also its core philosophy of integrating sustainability into every aspect of operations. From producing wheat-straw-based paper to embracing circularity in textiles, transitioning to clean energy, and striving for zero-waste operations, Trident continues to lead the way in redefining responsible manufacturing. As Environment Week 2025 concludes, Trident stands proud of the collective spirit demonstrated by its people and partners. The Group remains steadfast in its belief that small actions, when multiplied by many, can create lasting impact-laying the foundation for a cleaner, greener future for all. About Trident Trident Limited is the flagship company of Trident Group, an Indian business conglomerate and global player. Headquartered in Ludhiana, Punjab, Trident Limited is a vertically integrated textile (Yarn, Bath & Bed Linen) and Paper (Wheat Straw-based) manufacturer. Tridents towels, yarns, bedsheets, and paper businesses have earned global recognition and are delighting millions of customers across India and the world. Trident is one of the largest players in home textiles in India. Supplying national, captive, and retailer-owned brands; the organization is highly decorated with awards from its customers, vendors, and various government entities in recognition of advancing the highest standards in product quality, social responsibility, and environmental stewardship. The company operates in three major business segments: Textiles, Paper, and Chemicals, with its manufacturing facilities in Punjab and Madhya Pradesh.
Fashion Value Chain
3 days ago
- Business
- Fashion Value Chain
Rajinder Gupta's Economic Role in Punjab Extended to 2028
The Punjab Government has officially extended the term of Shri Rajinder Gupta, Chairman Emeritus of Trident Group, as Vice Chairman of the Economic Policy and Planning Board until August 22, 2028. The extension, sanctioned by the Honourable Chief Minister, recognizes Shri Gupta's vital role in driving the state's economic reforms, industrial policy, and inclusive development. Holding the rank of Cabinet Minister, Shri Gupta has been a central figure in Punjab's economic transformation, contributing to youth employment, infrastructure upgrades, and public-private partnership models. Known for his dynamic leadership and philanthropic efforts, he has guided Trident Group into a global multi-industry conglomerate spanning textiles, paper, and chemicals, underlining innovation, ESG principles, and sustainable growth. The renewal of his tenure highlights his ongoing impact on Punjab's economic planning, aligned with India's broader national development objectives. His previous advisory roles and policy contributions have been instrumental in crafting investment-friendly policies, fostering grassroots entrepreneurship, and boosting rural industrialization.
Fashion Value Chain
06-06-2025
- Business
- Fashion Value Chain
Trident Explores Global Growth with Paraguay President Visit
In a significant step toward global expansion, Trident Group, one of India's leading textile and diversified manufacturing conglomerates, engaged in a high-level meeting with the President of Paraguay, Mr. Santiago Peña, during his official visit to Mumbai. The dialogue marked a critical diplomatic and commercial moment for both nations, with a focus on investment and industrial collaboration. The meeting was initiated as part of Paraguay's strategic outreach to attract Indian investments in key sectors such as textiles, chemicals, and pulp & paper industries, where Trident has demonstrated international leadership. President Peña recognized Trident's achievements in sustainable manufacturing and its potential as a transformative partner in Paraguay's industrial growth story. 'We are honored by President Peña's outreach. Paraguay's proactive vision for global partnerships is inspiring,' said Mr. Rajinder Gupta, Chairman Emeritus, Trident Group. 'Their cost-effective ecosystem and strategic access to regional markets make Paraguay a promising destination for Trident's future operations.' Paraguay offered a compelling case for Indian investment, highlighting advantages such as: Low labor and real estate costs Abundant hydroelectric energy with globally low tariffs Strategic access to Latin American markets via Mercosur membership The engagement reflects Trident's broader commitment to eco-conscious global expansion and inclusive growth, aligning with its long-standing vision of building globally integrated, sustainable enterprises. The company views Paraguay as a gateway to Latin America—with upcoming dialogues expected to define the roadmap for future partnerships. This interaction also marks a new chapter in India–Paraguay economic diplomacy, opening doors for other Indian manufacturers aiming to expand internationally with sustainability and scalability at the forefront.
