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Dollar Industries founder Dindayal Gupta dies at 88 after building hosiery empire from scratch

Lifestyle
Published on 2 May 2026
Dollar Industries founder Dindayal Gupta dies at 88 after building hosiery empire from scratch

He turned a small hosiery start into Rs 1700 crore

Dindayal Gupta, founder and chairman emeritus of Dollar Industries Limited, died on Saturday at 88 due to age-related ailments. He founded the hosiery company in 1972 and grew it from humble beginnings into a major apparel manufacturer, reaching revenues above Rs 1,700 crore. Gupta is survived by his wife, four sons, and grandchildren.

  • Dindayal Gupta, founder of Dollar Industries, died at 88
  • Company was started in 1972 from humble beginnings
  • Dollar Industries grew to over Rs 1,700 crore in revenues
  • He is survived by wife, four sons, and grandchildren
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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