Triveni Engineering & Industries Limited engages in the sugar and engineering businesses in India and internationally. The company manufactures and sells white crystal sugar for beverages, food, and fast moving consumer goods (FMCG) companies; pharmaceutical companies; and confectionery producers, as well as offers sugar under the Shagun brand. It also sells surplus molasses and bagasse produced as a by-product in the manufacture of sugar; produces ethanol, extra neutral alcohol, rectified spirit, and denatured spirit; and operates a 104.5 MW grid connected co-generation facility. In addition, the company manufactures and sells high-speed gears and gearboxes for gas and steam turbines, compressors, pumps, blowers, and other industry applications; low-speed gearboxes for hydel turbines, steel mills, sugar mills, rubber mixers and extruders, cement mills, thermal plants, plastics, and other industries; and reciprocating compressors, pumps, and marine offerings. Further, it provides diagnostics and troubleshooting support, reverse engineering, replacement solutions, overhauling, on-site training and assistance, upgradation and automation of existing plants, and installation and commissioning services; refurbishment solutions; and health monitoring of gearboxes. Additionally, the company offers water and wastewater management solutions, as well as recycles water; trades in various FMCG; and retails diesel/petrol. It also develops and manufactures propulsion gearboxes, auxiliary power gas turbines generators, steam turbines, turbo alternator turbines, turbo pumps for the Indian defense forces, as well as steering systems. Triveni Engineering & Industries Limited was incorporated in 1932 and is headquartered in Noida, India.

History

The company was founded on 27 July 1932, under the Companies Act 2013, as The Ganga Sugar Corporation Limited. It received a certificate of commencement of business on 6 February 1933. It acquired the Khatauli sugar plant in 1952.

In 1973, it was renamed Gangeshwar Limited from The Ganga Sugar Corporation. It was renamed Triveni Engineering & Industries Limited in 2000.In 2005, it started a rural retail chain, Khushali Bazaar, under its fully-owned retail arm, Triveni Retail Ventures Ltd, which operated in Uttar Pradesh and Uttarakhand. Later, it was shut down in 2013.In 2007, the company entered the alcohol business by setting up its first distillery in Muzaffarpur, which has a capacity to produce 160 kilo per day. In 2019, the company set up another distillery at Sabitgarh unit with a capacity of 160KLPD.On 13 June 2018, a concession agreement was signed between National Mission for Clean Ganga , Uttar Pradesh Jal Nigam, and Triveni Engineering to develop India's first city-wide integrated sewage infrastructure for Mathura at an estimated cost of over ?437 crore on a Hybrid Annuity-based mode.In 2020, the company forayed into the country liquor space by launching four liquor brands, including Miss Rangeeli and Shahenshah. In March 2021, it was assigned to build a desalination plant in the Maldives.In November 2021, Engineering Power Transmission business signed a 10-year contract with US-based GEAE Technology to manufacture the 'LM2500' gas turbine base and enclosure, which powers many of the Indian Navy's vessels.

Mission

Triveni will be a leading provider of high quality products and services for the agricultural, engineering, and energy markets.

Vision

To be the leader in our targeted industries by providing superior customer solutions and creating a great environment for our team.

Key Team

Mr. B. K. Agrawal (Pres of Corp.)

Mr. Sanjeev Asthana (VP of HR)

Mr. C. N. Narayanan (Group VP of Investor Relations & Bus. Devel.)

Mr. Rajiv Rajpal (Chief Exec. Officer of Power Transmission Bus.)

Mr. Lalit Sachdeva (Group Chief Legal Officer & Group Sr. VP)

Mr. Sameer Sinha (Chief Exec. Officer- Sugar Bus. Group)

Ms. Geeta Bhalla (Group VP, Compliance Officer & Company Sec.)

Recognition and Awards

Since its inception, TEIL has won several awards and recognitions, including the Governor's Award for Sugar Technology in 2000 and the National Award for Outstanding Performance in Distillery in 2006-2007.

References

https://en.wikipedia.org/wiki/Triveni_Engineering_%26_Industries_Limited

https://in.investing.com/equities/triveni-engineering

https://finance.yahoo.com/quote/TRIVENI.NS/profile?p=TRIVENI.NS

https://www.crunchbase.com/organization/triveni-engineering-industries

https://www.trivenigroup.com

Dive deeper into fresh insights across Business, Industry Leaders and Influencers, Organizations, Education, and Investors for a comprehensive view.

Leadership team

Mr. Dhruv Manmohan Sawhney (Chairman & MD)

Mr. Tarun Sawhney (Vice Chairman & MD)

Mr. Suresh K. Taneja (Group Chief Financial Officer)

Products/ Services

Manufacturing

Number of Employees

1,000 - 20,000

Headquarters

Noida, Uttar Pradesh, India

Net Income

100M - 500M

Revenue

500M - 1B

Traded as

NSE:TRIVENI

Social Media

URL

https://www.trivenigroup.com

Last updated: Tue Feb 25 2025

We value your privacy

Triveni Engineering Industries

Table of content

Summary