Noel Tata calls Trent 'early phase' as Westside-Zudio parent eyes 10x revenue, global push
Chairman Noel Tata told shareholders Trent is still in early innings despite 2.5x growth since 2023 to Rs 19,701 cr, 1,286 stores across 321 cities and 17.7 mn sq ft. Reaffirms 10x revenue ambition, multi-brand playbook via Westside, Zudio and Star Bazaar, and intent to take Indian brands global.
Trent Chairman Noel Tata says the Tata retail arm — owner of Westside, Zudio and Star Bazaar — is still early in its growth journey, reaffirming a 10x revenue ambition, multi-brand strategy and aspirations to take Indian brands global.
Why this matters
Reinforces Noel Tata's earlier 10x ambition flag and follows MOSL's 24% upside call on Westside expansion and 21% revenue CAGR, even as Trent trades 31% below peak post bonus.
Retail-company signals steady at 1,461 over the last 90 days.