Trident India Limited is a public limited company domiciled in India and incorporated on April 18, 1990 under the provisions of the Companies Act, 1956. The name of the Company was changed from ABHISHEK INDUSTRIES LIMITED to Trident India Limited on April 18, 2011. The Company is engaged in manufacturing, trading and selling of Textiles (Yarn, Terry Towels & Bed sheets) and Paper & Chemicals. The company's Yarn plant, which produces both cotton and acrylic yarn, is located at Sanghera, Punjab. Trident’s customer base spans over 100 countries across 6 continents and consists of global retail brands like Ralph Lauren, Calvin Klein, JC Penney, IKEA, Target, Walmart, Macy’s, Kohl’s, Sears, Sam’s Club, Burlington, etc. With export turnover accounting for about 54 per cent of total sales of the Company, Trident Group has emerged as one of the world’s largest integrated home textile manufacturer.
CIN of Trident India |
L99999PB1990PLC010307 |
Registration Date of Trident India |
18 April 1990 |
Category/Sub-category of Trident India |
Limited by Shares/ Non-govt company |
Trident India Registered office address and contact details |
Trident India Limited, Trident Group, Sanghera-148101 India |
Trident India Registrar and Transfer Agent address and contact details |
KFin Technologies Limited Selenium Building, Tower-B, Plot No 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Rangareddi, Telangana - 500 032 Telephones: 1-800-309-4001 |
|
Name and Description of main products/services |
NIC Code of the product/service |
|
Spinning, weaving and finishing of textiles |
1311 |
|
Manufacture of paper and paper products/ Manufacture of pulp, paper and paperboard |
1701/170 |
|
Manufacture of basic chemicals |
2011 |
|
Electric power generation, transmission and distribution* |
3510 |
Mr. Rajinder Gupta, Non-Executive Non-Independent Director
Mr. Rajiv Dewan, Non-Executive Independent Director
Mr. Dinesh Kumar Mittal, Non-Executive/ Independent Director
Mr. Anthony De Sa, Non-Executive/ Independent Director
Ms. Usha Sangwan, Non-Executive/ Independent Director
Mr. Deepak Nanda, Executive Non-Independent Director
|
S.No. |
Name and Address of the Company |
Holding/ Subsidiary/ Associate |
|
1. |
Trident Global Corp Limited |
Domestic Subsidiary |
|
2. |
Trident Europe Limited |
Foreign Subsidiary |
|
3. |
Lotus Hometextiles Limited |
Associate |
|
S. No. |
Shareholders’ Name |
Number of shares |
% of total Shares of the company |
|
1. |
Promoter Group |
3,717,128,805 |
73% |
|
2. |
Public Shareholding |
1,287,627,688 |
25% |
|
3. |
Others(Non Promoter-Non Public) |
91,199,177 |
2% |
|
|
Total |
5,095,955,670 |
100.00% |
India is expected to become the third largest economy by 2031. There are forecasts of India's GDP growth rate in FY 2023, ranging from 7.5% (the Prime Minister's advisory council) to 8.5% (IMF) and 9.1% (Goldman Sachs). In addition, GDP growth in FY 2023 is predicted to be between 7.5% and 8.0%, and between 6.7% and 7.1% in FY 2024. According to the central bank, inflation will be approximately 4.5% in 2023. With the geopolitical scenario expected to improve in the near future, businesses and investors will likely focus on the economy's fundamentals and chances for growth.
INDIAN TEXTILE INDUSTRY:
The domestic apparel and textile industry contributes 5% to the country’s GDP, 7% of industry output in value terms and 12% of the country’s export earnings. It is also one of the largest in the world with a large unmatched raw material base and manufacturing strength across the value chain. India is the sixth largest exporter of textiles and apparel in the world. India’s textiles and clothing industry is one of the most important industries of the national economy. The share of textile and apparel (T&A) in India’s total exports is 11.4% in FY 2021. India has a share of 4% of the global trade in textiles and apparel. The industry’s distinctiveness stems from its strength in both the hand woven and capital (mill) sectors. India’s textile milling industry is the second largest in the world. Traditional sectors like handloom and small-scale power loom units are the biggest source of employment for millions of rural and semi-urban artisans and weavers. It provides direct and indirect employment and a source of livelihood to millions of Indians, including a large number of rural women and youth. Make in India, Skill India, Women Empowerment and Rural Youth Employment are all significant government programs that the sector is aligned with perfectly. The government's focus has been on increasing textile manufacturing by building best-in class manufacturing infrastructure, upgrading technology, fostering innovation and enhancing skills and traditional strengths in the sector for making India's development inclusive and participative
INDIAN PAPER INDUSTRY:
The Indian paper industry accounts for 2% of the world’s production of paper and paperboard. The sector’s production volume is estimated to be about 20 metric tonnes per annum (MTPA), of which carton boards and container boards (corrugated boards) constitute the largest share (55%), followed by writing and printing paper (25%), specialty paper (10%) and newsprint (10%). The industry is expected to average an annual growth rate of 8-9% over the next five years, led by robust growth in packaging grades. Consumer packaging (40-50% of total paperboard volumes) is predicted to grow at a CAGR of 8.5–9.5% over the same period, driven by increased volumes in end-user segments such as household appliances, FMCG products, readymade garments, pharmaceuticals, and e-commerce. Furthermore, the prohibition on single-use plastics is expected to increase demand for substitutes made of paper
