Company Research Report: Trident Group
Company Overview
Name
Trident Group
Mission of the Company
To add value to life, and together, prosper globally by being inspired by challenges.
Foundation and Founders
Founded in 1990 by Padma Shri Rajinder Gupta.
Key People
- Rajinder Gupta - Chairman Emeritus
- Abhishek Gupta - Vice Chairman
- Harshvardhan Singh Chauhan - CMO
- Pooja B Luthra - CHRO
- Rajneesh Bhatia - CEO, myTrident
- Deepak Nanda - Managing Director
- Raj Kamal - Independent Director
- Usha Sangwan - Independent Director
- Anthony De Sa - Chairman
Headquarters
Ludhiana, Punjab, India
Number of Employees
Over 15,000 employees
Revenue
USD 1 billion+
Known For
Trident Group is known for being the largest terry towel manufacturer and leading manufacturer of wheat straw-based paper globally. They are also recognized for their extensive product portfolio in home textiles, paper, stationery, yarn, chemicals, and energy.
Products
Home Textiles
- Bed Linen: High-quality bed sheets, designed for comfort and durability.
- Bath Linen: A wide variety of towels, including ultra-soft and highly absorbent options made with advanced technologies such as Nectarsoft.
- Rugs: Premium and comfortable rugs suitable for various home settings.
Paper & Stationery
- Eco-friendly Paper: Made from agricultural waste, designed to reduce environmental impact.
- Notebooks: High-quality, thoughtfully designed notebooks.
Yarn
- Combed: 100% combed cotton, suitable for hosiery and weaving.
- Carded: 100% carded cotton, eco-friendly options available.
- Airjet: Low hairiness yarn with high evenness and durability for various applications.
Chemicals
- Sulphuric Acid: High purity grades (LR/AR Grade) manufactured with corrosion-resistant technology for diverse industrial applications.
- Battery Grade and Commercial Grade Sulphuric Acid: Used in multiple industries including batteries and detergents.
Energy
- Captive Power Generation: Utilizing black liquor and agro-waste for sustainable power generation.
Recent Developments
New Products and Features
- Nectarsoft Technology: Applied to towels for enhanced softness, absorbency, and anti-pilling features.
- The Fabric of Life Campaign: Rebranding of Trident Yarns to highlight sustainable and high-performance knitting and weaving yarns.
Partnerships
- Kathy Ireland Worldwide Inc: Exclusive licensing agreement to market bath, kitchen, and beach towels in multiple regions including the USA and Europe.
- Shivan & Narresh: Collaboration for a premium collection of bedding and bath towels.
Corporate Initiatives
- myTrident.com: Launched a direct-to-consumer e-commerce portal to reach a broader audience within India and upcoming plans for expansion to the US market.
- Takshashila Program: Aimed at recruiting and nurturing talent, particularly focusing on gender diversity and inclusion.
Expansion Efforts
- Retail Footprint Expansion: Adding more exclusive showrooms and enhancing online presence to make luxury home decor more accessible.
- Global Market Influence: Participation in international events, such as the Market Week in New York, to showcase Indian designs and expand global reach.
Sustainability Projects
- Solar Power Plant: Commissioned a 7.6 MW solar power plant at the Budhni manufacturing facility.
- 5R Concept: Implemented Reduce, Reuse, Recycle, Re-engineer, and Redesign initiatives focused on creating a sustainable manufacturing process.
Additional Corporate Information
Awards and Recognition
- India’s Best Design Awards: Recognized for having the Best In-House Design Studio.
- Dream Employer of the Year: Awarded multiple times for exceptional HR practices.
- Excellence in Energy Management: Awards from organizations such as CII and SEEM.
Trident Group continues to forge ahead as a leader in its sectors, driven by innovation, sustainability, and a strong corporate ethos focused on quality and customer satisfaction.