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.

— Source publishedSun, 31 May, 2026, 11:29 IST·First seen Sun, 31 May, 2026, 11:41 IST·Source Business Standard · Companies

What happened

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

Key facts

  • Rs 19,701 crore FY26 revenue
  • 1,286 stores
  • 17.7 million sq ft
  • 321 cities
  • 10x revenue target
  • 2.5x growth since 2023

Why this matters

Trent's stated intent to take Indian brands global opens a window for cross-border partnerships, sourcing JVs, and selective M&A in adjacent value apparel and grocery formats as the multi-brand house scales beyond domestic saturation.