Dindayal Gupta, founder and chairman emeritus of Dollar Industries Limited, passed away in Kolkata at the age of 88 due to age-related ailments. Born in Haryana’s Bhiwani district, Gupta moved to Kolkata in 1962 and built Dollar Industries from scratch, with revenues crossing Rs 1,700 crore.
The company has a goal to reach revenue of Rs.2000 crore by FY26, and to achieve this revenue, the company has already announced a capex in the year 2021, for increasing the capacity of the spinning unit in Tirupur from 22000 spindles to 42000 spindles.
