B K Goenka - AbsoluteAstronomy.com

B K Goenka is an entrepreneur

Entrepreneur

An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...

based in Mumbai

Mumbai

Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...

, Maharashtra

Maharashtra

Maharashtra is a state located in India. It is the second most populous after Uttar Pradesh and third largest state by area in India...

, India

India

India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

. He is the Vice Chairman and Managing Director of Mumbai-based Welspun Group

Welspun Group

Welspun Group is a business conglomerate, manufactures, markets, and exports terry towels, bed sheets, cotton yarn, polyester filament yarn, texturised and Line Pipes based in Mumbai, Maharashtra Its other operations includes Steel, Steel pipes, Infrastructure, Energy and Oil & Gas...

. He owns 42 per cent of the company’s total equity. He owns some of India's and world's largest companies like Welspun India Ltd

Welspun India Ltd

-Overview:Welspun is Asia's largest and the 2nd largest Terry Towel producers in the World based in Mumbai, Maharashtra, India. It exports more than 94 per cent of its towels to more than 34 countries. It exports more than 68 per cent of its production to the US, 23 per cent to Europe and the...

which is Asia's largest and the second largest terry

Terry

Terry is:* A surname from the medieval Norman given name Thierry, cognate of the English Derek* A male given name transferred back from the surname, or a diminutive of Terence or of any of its alternative forms...

towel

Towel

A towel is a piece of absorbent fabric or paper used for drying or wiping. It draws moisture through direct contact, often using a blotting or a rubbing motion. Common household textile towels are made from cotton, rayon, bamboo, nonwoven fibers or a few other materials.-Types of towels:* A bath...

producers in the world and the world's second-largest manufacturer of large-diameter pipes through its subsidiary Welspun Corp Ltd

Welspun Corp Ltd

Welspun Corp Ltd is the second largest manufacturer of large diameter pipes in the world based in Mumbai, Maharashtra. Its a flagship company of the $3 billion Welspun Group...

Early life

B. K. Goenka (known more as BK or BKG) was born to Gayatri Devi Goenka

Goenka

Goenka is a Agrawal clan. It can refer to* B K Goenka, Vice Chairman and Managing Director of Welspun Group* Dipali Goenka, Director of Welspun Retail Ltd* Ramnath Goenka , freedom fighter and owner of The Indian Express daily...

and Gopiram Goenka

Goenka

in Churu

Churu

Churu is a town in the desert region of Rajasthan state of India. It is the administrative headquarters of Churu District. It lies in the Thar Desert on the National Highway-65 connecting Pali to Ambala and is a junction station on the railway line to Bikaner...

, Rajasthan

Rajasthan

Rājasthān the land of Rajasthanis, , is the largest state of the Republic of India by area. It is located in the northwest of India. It encompasses most of the area of the large, inhospitable Great Indian Desert , which has an edge paralleling the Sutlej-Indus river valley along its border with...

. He belongs to Marwari family

Family

In human context, a family is a group of people affiliated by consanguinity, affinity, or co-residence. In most societies it is the principal institution for the socialization of children...

that was into the export of food grains in Rajasthan

Rajasthan

. The middle amongst three siblings, he spent his early years in Delhi

Delhi

Delhi , officially National Capital Territory of Delhi , is the largest metropolis by area and the second-largest by population in India, next to Mumbai. It is the eighth largest metropolis in the world by population with 16,753,265 inhabitants in the Territory at the 2011 Census...

before shifting to Mumbai

Mumbai

in the early 1980s. He set up Welspun along with his cousin Mr. Rajesh R. Mandawewala who is now the Joint Managing Director of the Welspun Group

Welspun Group

External links

Group Companies website

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