Venugopal Dhoot Family Tree: The Story Behind Videocon's Founder

Venugopal Nandlal Dhoot, born 30 September 1951 in Aurangabad, Maharashtra, India, is the founder and former chairman of Videocon Industries — once one of India's largest consumer-electronics conglomerates with operations across India and 13 other countries. Currently involved in the ICICI Bank-Videocon loan case (with former ICICI CEO Chanda Kochhar).

The Family's Roots: A Marwari Industrial Family in Aurangabad

The Dhoot family is a Marwari trading family that established its industrial base in Aurangabad, Maharashtra (now Chhatrapati Sambhajinagar).

His Parents

Father: Nandlal Madhavlal Dhoot (1924–2017) — founder of the Videocon Group; began the family business in the 1970s.

Mother: Saraswati Dhoot — homemaker.

His Brothers

Rajkumar Dhoot, born 1949 — elder brother; member of the Rajya Sabha (1990, 2008–2014); promoter of Videocon Industries.

Pradeep Dhoot — younger brother; promoter; on the Videocon board.

His Wife

Renuka Dhoot — Venugopal's wife.

Their Children

The Dhoot family has been private about specific children's details.

The Dhoot Family Tree at a Glance

Family Origins: Marwari trading family; Aurangabad, Maharashtra.

Father: Nandlal Dhoot (1924–2017) — Videocon Group founder.

Mother: Saraswati Dhoot.

Brothers: Rajkumar Dhoot (b. 1949) — Rajya Sabha MP; Pradeep Dhoot.

Wife: Renuka Dhoot.

Venugopal Dhoot:

  • Born 30 September 1951, Aurangabad
  • Chartered Accountant (1976)
  • Joined the family business and grew it from a sugar-mill / textile base into electronics
  • Videocon International (later Videocon Industries Ltd) — first TV manufactured 1986
  • Acquired Electrolux India consumer business (2005); acquired Thomson SA TV (2005); acquired Daewoo Group's CRT factory (Korea)
  • Expansion: oil exploration (Ravva, Krishna-Godavari basin), DTH, mobile telephony (cancelled by 2G spectrum scam Supreme Court order), petrochem, power
  • 2018: arrested by CBI in the ICICI Bank-Videocon loan case alongside former ICICI CEO Chanda Kochhar; out on bail; case ongoing
  • Videocon Industries: declared bankrupt; under insolvency resolution since 2018
  • 2024: NCLAT approved Twin Star Technologies (Vedanta affiliate) resolution plan for Videocon group

What the Dhoot Family Story Teaches Us

A Marwari industrial-founder father who died at 93. A homemaker mother. Two brothers — one a Rajya Sabha member, the other a Videocon promoter. A wife. A career that built India's biggest consumer-electronics group and then collapsed into a years-long bankruptcy and a criminal investigation.

For every family — large or small, famous or otherwise — the Dhoot story carries the same lesson. Some family businesses rise and fall within one generation. The Videocon Group's 40-year arc from a Maharashtra textile mill to bankruptcy proceedings is on the Dhoot family tree alongside every Padma award. Write down the rises and the falls. The honest tree carries both.

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