Due to his low-income background, Rajinder Gupta faced difficulties at a young age.
Rajinder Gupta is a self-made business tycoon with a professional path marked by grit, perseverance, and calculated risks. His friends have referred to Gupta as the Dhirubhai Ambani of Punjab after he rose from exceedingly humble origins to create a corporation worth Rs 17,000 crore. His spectacular rise is taught as a case study across business schools in the state.
Rajinder Gupta, who was born on January 2, 1959, in Bhatinda is the son of a small-time cotton trader in Punjab. He has one of the most motivational "rags-to-riches" stories. Rajinder Gupta faced difficulties at a young age. He left school in the ninth grade at the age of just 14 years old. To make money, he had to take up odd jobs like making cement pipes and candles, earning a meagre Rs 30 a day.
He laboured for years before deciding to take big leaps in the 80s. His ability to build Abhishek Industries, a fertiliser manufacturer, in 1985 proved that the strategy had been successful. It further paid dividends when he established a spinning mill in a joint venture in 1991.
On April 18, 1990, He started the Trident group by incorporating his business with the State of Punjab. Then, in 1991, he established a spinning mill as a joint venture with the help of his friends from the Government.
His company has grown steadily and made development from progress, and as a result, it is now a business conglomerate listed on the BSE and NSE. It runs businesses in the following five main industries: yarn, terry towels, paper, chemicals, and captive power. Trident is linked to some of the major retail businesses, like Ralph Lauren, Walmart, IKEA, JC-Penny, Calvin Klein, etc., as a result of having the largest terry towel company in the world.
Gupta left the Trident company's board of directors in 2022, citing personal and family obligations. He is now ‘chairman emeritus’ of the Ludhiana headquartered group.
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