Rajinder Gupta

Rajinder Gupta
Born (1959-01-02) 2 January 1959
Bhatinda, Punjab, India
Residence Ludhiana, Punjab, India
Nationality Indian
Alma mater Harvard Business School, United States
Occupation Chairman of TridentGroup
Spouse(s) Madhu Gupta
Children Abhishek Gupta, Neha Gupta
Parent(s) Shri Nohar Chand Gupta
Smt Maya Devi

Rajinder Gupta (Punjabi- ਰਾਜਿੰਦਰ ਗੁਪਤਾ)(Hindi- राजिंदर गुप्ता); (born January 2, 1959), is an Indian businessman. Gupta is Chairman of TridentGroup, a business conglomerate headquartered in Ludhiana, Punjab, and Chairman of the Corporate Advisory Board of Trident Limited. TridentGroup primarily deals in Home Textiles, Paper Manufacturing, Chemicals and Power. They are one of the largest yarn spinners in India, one of the world’s largest terry towel manufacturers and the world’s largest wheat straw based paper manufacturer.[1]

In 2007, Gupta received the Padma Shri Award from the then President of India in recognition of distinguished service in the field of Trade and Industry.[2]

Gupta presently holds the office of Vice Chairman, Punjab State Planning Board, in the Rank of Cabinet Minister, and also attached with Hon’ble Deputy Chief Minister, Punjab, for advising on matters related to Government Reforms, Employment, Skill Development, Technical Education, Industrial Investment & Infrastructure. He is also a representative of Trade, Industry & Commerce on the Board of Governors of Punjab Bureau of Investment Promotion and is Chairman of Advisory Council of Punjab, Haryana, Chandigarh & Himachal Pradesh of Federation of Indian Chambers of Commerce & Industry (FICCI).[3][4]

Business career

In 1985, Gupta entered the business of chemicals and fertilizers with an investment of INR 6.5 crore. In 1990, when the business diversified into yarn, paper and terry towels. With an annual compounded growth of 35 per cent in sales over the last 10 years, the TridentGroup has also adopted quite a few modern and eco-friendly practices under the leadership of Gupta. He has led the Group to successfully execute projects worth INR 36000 million over last 5 years.[5]

Gupta is also the Vice Chairman of CII Punjab State Council for 2006-07, Director of Punjab Technical University and Punjab State Board of Technical Education and Industrial Training.[6]

Besides being member of several trade and management bodies, he is also actively associated with several philanthropic ventures.[7]

Awards and Honors

Year of Award or Honor Name of Award or Honor Awarding Organization
2007 Padma Shri Award[8] The President of India
2005 PHDCC Distinguished Entrepreneurship Award The President of India
2004 Udyog Ratna Award Chief Minister of Punjab
2004 Amongst the top 20 India Inc Icons for Entrepreneur of the Year Awards Ernst & Young
1999 Udyog Patra Award Dr. Shankar Dayal Sharma, the then Vice President of India
1985 Entrepreneur of the Year Award Government of India

Controversies

On March 31, 2015, the balance sheet of the Punjab State Industrial Development Corporation showed that Abhishek Industries, led by Gupta, is a major defaulter to the organization, to the sum of Rs 124.46 crore. Another firm led by Gupta, Punjab Spinning & Weaving Mills Ltd, owes Rs 15.6 crore.[9]

References

  1. "All for the family". intoday.in. Retrieved June 4, 2014.
  2. "Mr. Rajinder Gupta has been awarded with the prestigious Padmashree award in 2007". reuters.com. Retrieved June 4, 2014.
  3. "Rajinder Gupta appointed chairperson Ficci's Punjab, Haryana, Himachal, Chandigarh advisory council". http://timesofindia.indiatimes.com. Retrieved June 25, 2014. External link in |publisher= (help)
  4. "Planning board gets another vice-chairman". hindustantimes.com. Retrieved June 25, 2014.
  5. "The story of Trident's success". rediff.com. Retrieved June 4, 2014.
  6. "Rajinder Gupta appointed chairperson Ficci's Punjab, Haryana, Himachal, Chandigarh advisory council". indiatimes.com. Retrieved June 4, 2014.
  7. "Mr. Rajinder Gupta is the Founder of Trident Limited (a/k/a Trident Group Limited)". businessweek.com. Retrieved June 4, 2014.
  8. "Padma Awards" (PDF). Ministry of Home Affairs, Government of India. 2015. Retrieved July 21, 2015.
  9. "Tepid response to PSIDC settlement scheme". tribuneindia.com. Retrieved June 7, 2016.
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