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Trident unveils ‘VISION 2025’ to fast forward growth


Trident, in its board meeting has unveiled its 'VISION 2025' aimed towards unlocking long-term sustainable value for shareholders. The company plans to achieve revenue of Rs 25,000 crore by 2025 with 12 per cent bottom line. They also plan to make Trident a national brand and digital Trident bBy completing the journey of Industry 4.0.

'VISION 2025' will accelerate the growth momentum thereby placing the company in an upward trajectory thus adding value and growth for its shareholders and business associates. The board has authorized its strategy committee to examine various rapid-growth strategies to derive growth in-line with VISION 2025. The strategy committee shall explore various options like unlocking value for the shareholders, capital allocation strategies to improve return ratios expansion of existing businesses and diversification into new businesses through organic and inorganic growth. The committee shall look into creation of focused business groups to generate synergies and explore business alliances. Optimization of leveraging capacity to create value for shareholders and penetration into new markets, product development, E-commerce and brand building is also an area of focus for the committee.