Prominent Hosiery Entrepreneur Dindayal Gupta Passes Away at 88

Legacy of Dindayal Gupta

Dindayal Gupta, the esteemed founder and chairman emeritus of Dollar Industries Limited, passed away on Saturday due to age-related health issues. He was 88 years old. His death has sent shockwaves through the business community.

Family Continuity in Business

Gupta leaves behind a loving family, including his wife, four sons, and grandchildren. Currently, his family is managing the company and is committed to advancing the robust business model he established.

Journey from Haryana to Kolkata

Born on September 13, 1937, in Maneru village of Bhiwani district, Haryana, Gupta began his life in humble circumstances. In 1962, he moved to Kolkata, where he started producing and selling hosiery products tailored to customer needs. Through hard work and vision, he gradually built manufacturing units and a retail network.

From Small Business to Major Company

In 1972, Dindayal Gupta founded Dollar Industries, focusing on markets where larger companies were less active. This strategic approach propelled his rapid growth. Over nearly five decades, he transformed the company from a small venture into one of the leading hosiery and apparel firms in the country, with an annual turnover exceeding ₹1,700 crores.

Honors and Achievements

Gupta received numerous prestigious awards for his contributions, including the Lifetime Achievement Award from the West Bengal Hosiery Association and the Sanmarg Business Award. His life story of struggle, hard work, and success will remain an inspiring tale in the business world.

Image of Dindayal Gupta