Looming Large: How Punjab’s Dropout Dynamo Spun a Rs 15,000 Crore Empire from Threadbare Beginnings

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Turning Points Punjab's wealthiest man and a perennial point of reference as the state's Mukesh Ambani is Rajinder Gupta, a school dropout who worked in factories. From modest beginnings to creating the Rs 15,000 crore Trident Group is a masterclass in grit, vision, and reinvention.

Early Struggles, Entrepreneurial Spark

Had to leave school at 14 due to poverty

Operated in the factories within the region but wished to start something of his own

Utilized personal resources in 1985 to set up Abhishek Industries, a fertiliser firm that served as the center point of his empire

Business Development

Developed into textiles with a 1991 spinning mill

Grew into paper and chemicals, renamed Trident Group in 2011

Now, Trident is India's second largest home textile exporter and one of the global top five producers of terry towels

The company supplies Smart Furniture to global giants like Amazon, Walmart, Target, and IKEA

Global Footprint, Local Roots

Trident operates in over 150 countries

Has a large manufacturing base in Punjab and Madhya Pradesh

Both traded on the Bombay Stock Exchange and the National Stock Exchange

Financial Milestones

Market capitalization currently is Rs 15,000 crore

Share has yielded very good returns during the past five years, rising from Rs 6.80 in 2020 to over Rs 29 in 2025

Gupta's individual net worth is valued at $1.3 billion

Leadership Succession

He stepped down as chairman in 2022 because of health and family issues

Remains a driving force behind the company's strategic direction

Legacy in Motion Rajinder Gupta's life is not only a rags-to-riches tale—it's a blueprint for determination, reinvention, and expansion with a heart. From fertilizer bags to luxury towels, he's spun a legacy that's as global in reach as it's deeply embedded in Punjabi soil.

Sources: India.com, Financial Express, Business Standard, Forbes India