At the helm of innovation
- Our Board
- Our Team
- Investment Committee

Balkrishan Goenka
Balkrishan Goenka is the chairman of the Welspun World. He has been one of the promoters of the group from its inception and is one of its prime architects. For over 27 years, Mr. Goenka, with his strong business acumen and risk-taking abilities, is credited to have successfully steered the Welspun World in many high-growth sectors.
Accepting all challenges and leading his team to overcome every obstacle, he has embodied the Welspun spirit of ‘Dare to Commit’. In the process, Welspun has emerged as the 2nd largest Line Pipe (large diameter) company in the world, and one of the top three producers of Home Textiles.
He is regarded as one of the foremost corporate leaders of India, and is amongst India’s most dynamic businessmen. He was the former President of ASSOCHAM (2019) and recipient of Asian Business Leadership (ABLF) Award, 2019. Under his able guidance, Welspun was awarded the Emerging Company of the Year at Economic Times Awards in 2008.

Rajesh Mandawewala
Rajesh Mandawewala is the Managing Director for the Welspun World and is one of the promoters of Welspun World from its inception. He is also the Managing Director of Welspun India Limited and is in charge of operations of the textile business.
As a key business leader at the Welspun World, he has enabled the organization's expansion & global reach in over 50 countries and has led Welspun India’s emergence as one of the most pioneering global textile giants.
As a Chartered Accountant by profession, he has a rich experience of over 35 years in industries varying from textiles to SAW pipes. He strongly believes in driving innovation through continuous research & product developments and catering to the current & future needs of customers.

Anshul Singhal
Co-Founder & Managing Director
As the Co-Founder & Managing Director of Welspun One, Anshul leads a mission-driven team, redefining India's warehousing and logistics landscape. Over the past two decades, he has scaled businesses, identified opportunities, shaped new markets, and contributed to developing over 40 million sq. ft. of warehousing space across India.
At Welspun One, we develop and manage large-format, Grade A industrial and warehousing facilities that set new benchmarks for efficiency, compliance, and sustainability. Our integrated approach spans the entire lifecycle - from raising capital and land acquisition to design, development, leasing, and management. To date, we have raised USD 325 million (INR 2,775 crore) from more than 1,000 unique investors across two Category II AIFs, building a ~22 million sq. ft. portfolio with closing an AUM of $~1 billion. Some of our most ambitious projects include:
- Delivered India’s largest sortation center for Delhivery at Bhiwandi
- Building India’s tallest mixed-use urban distribution center at Thane in partnership with World Trade Centre (WTC)
- Building India’s largest single-location port-based warehouse at JNPA
Before Welspun One, he spearheaded Horizon Industrial Parks (formerly Embassy Industrial Parks), where they built a ~17 million sq. ft. portfolio across 8 cities that culminated in the sector’s largest-ever exit with Blackstone’s acquisition. His leadership journey began at JSW Steel, where he played a key role in establishing a joint venture with Severfield Rowen Plc, UK’s leading structural steel company.
Beyond business, he is deeply invested in shaping the future of logistics and real estate in India. He serve as the Chairman of the ASSOCHAM National Council for Logistics & Warehousing and leads CII’s Warehousing National Network. He is also a member of YPO.

Anup Shah
Independent Director
Founding Partner at Anup Shah Law Firm. Has been practicing law actively since 1981, with expertise in real estate transactions. Awardee of the “ICON” award as one of the top 100 Advocates in India in the A List published by the Indian Business Law Journal for last 3 years.

Yash Ravel
Yash has 15+ years of overall experience, with 13 years in real estate investing & asset management, during which he worked on transactions of over $600MM.
Prior to joining Welspun One, Yash was Principal at Proprium Capital Partners, an independent fund manager who manages an AUM of c.$2BN (set up in 2013, as a result of restructuring in “MSREI” - Morgan Stanley’s RE Investment platform), where he was actively involved in setting up of the India office, in addition to being responsible for the asset management of the MSREI SSF III India portfolio and the sourcing & execution of new deals.
Yash worked in Morgan Stanley Real Estate Investing (MSREI) from 2007, where he was in investing and asset management roles, including leading the asset management efforts for MSREI’s India portfolio.
He holds a postgraduate diploma in Business Administration from the Welingkar Institute of Management, Mumbai, and a B.E. in Electronics & Telecommunications Engineering from Mumbai University.

Sushil Rathi
Independent Director
Former Chief Operating Officer of Mahindra Logistics and head of the supply chain management business. Over 38 years of experience in the areas of Sales & Distribution, Marketing, Channel Management, Supply Chain Management, Procurement and Business & IT Consulting.
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