Industrialist Rajinder Gupta's resignation from the post of Vice Chairman of the Punjab Economic Policy and Planning Board was accepted on Saturday. Now, there is buzz that Rajinder Gupta who is also the Chairman of Trident Group will be Aam Aadmi Party's Rajya Sabha candidate.
For the unversed, Sanjeev Arora had tendered his resignation as AAP Rajya Sabha MP and thereafter he fought Ludhiana West byelection on AAP's ticket in which he won by flying colours. The Ludhiana West seat fell vacant following the death of MLA Gurpreet Gogi, necessitating a by-election.
Ever since then, AAP has not nominated their Rajya Sabha candidate. The by-election for one Rajya Sabha seat from Punjab has been announced. The seat that became vacant in July following the resignation of MP Sanjeev Arora will undergo polls. Voting and counting for this seat will take place on October 24.
Notably, Rajinder Gupta is a big industrialist in Punjab. He is also famous as Punjab's Ambani. Continue reading below to know all about Rajinder Gupta-
Rajinder Gupta is one of Punjab's richest industrialists. Products manufactured by the Trident Group are now exported both domestically and internationally.
He is the founder and Chairman of Trident Limited, the flagship company of USD 1 Billion enterprise Trident Group. As per reports, Rajinder Gupta was the richest person in Punjab.
Talking about his early life, Rajinder Gupta was born on January 2nd, 1959. As mentioned above, he is the chairman of the Trident Group, a company with its main offices in Ludhiana, Punjab. Home textiles, paper manufacturing, chemicals, and power are the main industries for Trident Group.
As per reports, Trident is one of India's largest yarn spinners, a top global producer of terry towels, and the largest producer of paper made from wheat straw in the world.
Going by Rajinder's LinkedIn profile, he is "a first generation entrepreneur, he possesses rich & varied exposure of promoting industrial ventures in diverse areas over the last two decades. Under his vision the company (Trident) has scaled greater heights and has become one of the fastest growing companies of India with a compound annual growth rate of more than 30%."
Talking about Rajinder Gupta's Edicational Qualifications, the veteran entrepreneur earned his degrees from Templeton College in Oxford and ISB Hyderabad.
Currently, Rajinder has two children- Abhishek Gupta, who reportedly assumed the role of managing director at the company and is a graduate of the University of Warwick in the UK, and Neha Gupta, who has a master's degree in finance from the Cass Business School in London.
Rajinder Gupta was awarded with the 'Padmashree' award in 2007, one of the highest civilian awards bestowed by the Government of India for his exemplary work in the field of Trade and Industry.
In 2022, he was named Vice-Chairperson of the Punjab Economic Policy And Planning Board. Rajinder Gupta had also served as the vice-chairperson of the Planning Board previously. After the AAP government came into power, the Planning Board was dissolved and replaced with the State Economic Policy and Planning Board.
