Who is Balkrishan Goenka?

Balkrishan Gopiram Goenka is an Indian businessman and co-founder of the Rs 153 billion Welspun Group. He was also the former President of the Associated Chambers of Commerce and Industry of India.

 

According to Forbes, his net worth is $2.2 billion as of January 2022.

 

Balkrishan Goenka's background

 

Inspired by his father's flair for business, Goenka began his entrepreneurial journey at the age of 19.
 

He borrowed $100,000 from his father, took a bank loan, and started Welspun in 1985 to make polyester yarn. He expanded the business into home linen, focusing on the export, with customers such as Walmart and Macy's.

 

In 1997,