Mukesh Ambani of Punjab: Meet man, who owns Rs 150000000000 company, now fielded by AAP for Rajya Sabha bypoll, his name is…

Rajinder Gupta is among the richest industrialists in Punjab. Goods produced by the Trident Group are now sent both domestically and internationally.

The Aam Aadmi Party (AAP) has chosen Rajinder Gupta, chairman of the Trident Group, as its candidate for the Rajya Sabha bypoll in Punjab, scheduled to be held on October 24, 2025. It is to be noted that the bypoll is being conducted to fill the vacancy caused by the resignation of AAP’s Sanjeev Arora, who stepped down from the Upper House following his election to the state assembly.

“The political affairs committee announces to nominate Rajinder Gupta as a candidate for election to the Council of States (Rajya Sabha) by the elected members of the legislative assembly of Punjab,” said the party in a statement, news agency PTI reported.

The chairman emeritus of the Trident Group, Gupta, recently resigned as the vice-chairman of the State Economic Policy and Planning Board and as chairperson of the Kali Devi temple advisory committee, fuelling speculation that the AAP could field him for the bypoll.

Rajinder Gupta is among the richest industrialists in Punjab. Goods produced by the Trident Group are now sent both domestically and internationally. He is the founder and chairman of Trident Limited, the leading company of the $1 billion Trident Group. Furthermore, it has been reported that Rajinder Gupta has been the richest person in Punjab. Rajinder Gupta was born on January 2, 1959. The Trident Group is headquartered in Ludhiana, Punjab. The major industries of the Trident Group are home textiles, paper manufacturing, chemicals, and power.

Family circumstances forced Rajinder Gupta to leave school when he was just 14 years old. He began working in factories, yet he always wanted to accomplish something great. In the 1980s, he set up a very small fertilizer business. As per media reports, in 1985 he used his savings to start Abhishek Industries, the foundation of his entrepreneurial career. Today, that small business is now known as the Trident Group, which has a market capitalization of Rs 15,000 crore.

Forbes estimates Rajinder Gupta’s current worth to be approximately $1.2 billion (Rs 9960 crore). After starting Abhishek Industries, Gupta put effort into growing the business. He opened a spinning mill in 1991. He then expanded into textiles, paper, and chemicals and grew operations from Punjab to states such as Madhya Pradesh. The former Abhishek Industries officially changed its name to Trident Limited on April 18, 2011. Trident Group expanded from a fertilizer business in Punjab to span over 150 countries in the world.