Personal life
Goenka resides inEarly life
Born in 1959 in Calcutta (now Kolkata), he moved to Bombay at the age of 6 with his family beginning his education at Green Lawns High School. He then attended Jamnabai Naree School and Campion School in Fort later. He was national level athlete with a 100-meter sprint of 11.5 seconds, 200 meter sprint of 23.5 seconds and a long jump distance of 6.31 meters. Following a muscle injury, and unable to return to the track, Goenka began taking up other sports. At the age of 23, Vinod Goenka started a tailoring shop with a group of his childhood friends in Juhu but soon moved on to looking after his father's business of interior design and furniture as his father had then moved on to Real Estate and Construction. At the age of 23-24, Goenka's father, Mr. K.M. Goenka bought Crystal Granite, a sick company on the verge of closing shop, and handed it over to his son to run and revive.Business ventures
Dynamix Group
Goenka started his career at 23 years old by joining Conwood Constructions, the real estate business run by his father, expanding and transforming it into the Dynamix Group. The Dynamix Group has developedCrystal Granite and Marble Ltd
Goenka also established Crystal Granite and Marble Ltd, a 100% EOU for cutting and polishing high grade granite and marble.Schreiber Dynamix Dairies Ltd
The Goenka family also owns and operates Schreiber Dynamix Dairies Ltd., one of the leading dairies in India, located in Baramati.DB Group
DB Realty Ltd In 2006, Vinod Goenka came together with Mr. Shahid Balwa from the Balwa Group, after a 9-year-long affiliation, in a joint venture to create the DB Realty Ltd (Dynamix Balwa Realty). DB Realty Ltd has been listed on both the National Stock Exchange and the Bombay Stock Exchange in 2010. DB Realty Ltd has developed over 25 projects in and around Mumbai and Pune. The company's notable projects include DB Crown, DB Orchid Heights, DB Woods, Orchid Suburbia and DB Ozone. DB Hospitality Mr. Goenka and Mr. Balwa initiated a diversification of the group into the hospitality sector under the DB Hospitality banner, constructing the Le Royal Meridien, Mumbai (now known as The Hilton International Airport Hotel, Mumbai). Operational for over 15 years, the hotel was the first venture undertaken by Goenka and Balwa as partners before the formation of DB Realty Ltd. DB Hospitality is also constructed the Hotel Grand Hyatt, Goa at Bambolim. The hotel is located on the same hillside that is owned by the Dynamix Group, Aldeia de Goa.2G case
Goenka as DB's promoters also diversified into the telecom sector and were issued 2G licences, for Rs 1,537 crore (Rs billion), to operate in 15 circles. Later, they sold a 45 per cent stake in their telecom venture, Swan Telecom, to UAE-based Etisalat for nearly Rs 4,200 crore (Rs 42 billion). Vinod Goenka was arrested on 20 April 2011 for his alleged role in theReferences
{{DEFAULTSORT:Goenka, Vinod Businesspeople from Mumbai Rajasthani people Indian billionaires Living people 2G spectrum case DB Group 1959 births People charged with corruption