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Naresh Goyal

Naresh Goyal

Naresh Goyal

Naresh Goyal is a non-resident Indian entrepreneur and founder of Jet Airways. Jet Airways began operating in 1993 with seed capital from Tail Winds Incorporated, Isle of Man. After the Air Airways IPO in 2005, Forbes magazine announced that it was the richest person in India in 16th place, with a Fortune of $ 1.9 billion. Currently, it is not on the Forbes list.
Suspicious links have been reported between Indian gangster Dawood Ibrahim and the director of Jet Airways and Marj Naresh Joyal since the 1990s.

Naresh Goyal Past life

Naresh Goyal was born in Sanjurur, Punjab, India, in 1949, in the house of a jewelry merchant. His father died when he was a child. He studied up to level six in government. Raj Secondary for Children. When he was eleven years old, his family went through an economic crisis and his house was auctioned off. Then he lived with his mother’s uncle. Goyal received a bachelor’s degree in government trade. Bikram College of Commerce, Patiala.


In 1967, Goyal began his career as treasurer of the travel agency Seth Charan Das Ram Lal, East and West agencies, with a salary of Rs. 300 per month. After graduating from the trade, Joyal joined the travel industry with GSA of Lebanese International Airlines.
From 1967 to 1974, he received extensive training in travel through his association with many foreign airlines. He traveled a lot abroad at work during this period.
In 1969, he was appointed Director of Public Relations of Iraqi Airways, and from 1971 to 1974 he was Regional Director of Royal Jordanian Airlines. He has worked with offices in India for Middle East Airlines (MEA), where he has gained experience in many areas, including ticket sales, reservations and sales. In 1974, with £ 500 from his mother, he created his own agency called Jetair, representing Air France, Austrian Airlines and Cathay Pacific.

In 1975, he was appointed Regional Director of Philippine Airlines in India.

Jet Airways

In 1993, Goyal benefited from the opening of the Indian economy and the announcement of the open skies policy by the Government of India to establish Jet Airlines to operate scheduled air services for local sectors in India. Jet Airways began its commercial operations on May 5, 1993. Goyal established Jet Airways (Private) Limited to provide sales and marketing to represent foreign airlines in India.

He was a member of the Board of Directors of the International Air Transport Association (IATA) from 2004-2006. He was re-elected in 2008 with his term extended until June 2016.

Naresh Goyal Personal life

Joel met his wife, Anita, after joining the company in 1979 as a marketing analyst and took over as head of marketing and sales. They married nine years later. The couple has two children, Nivan Goyal, 24, and a daughter, Namrata Goyal, 26.

Awards Naresh Goyal


Ernst & Young Entrepreneur of the Year Award in September 2010
Distinguished Alumni 2000 Award for outstanding performance as an entrepreneur in October 2000
Asian-Indian Excellence Award for Leadership and Contribution to the Global Community of the Indian-American Center for Political Education, November 2003
Airspace for an outstanding contribution in the field of commercial air transport of April 2000 and February 2004.
The first Munjal BML Award for Excellence in Learning and Development in the Private Sector category on January 6, 2006

NDTV Profit Business Award 2006 July 28, 2006

Awarded the prestigious TATA AIG Award – Lifetime Achievement Award September 8, 2007
2016 Travel Entrepreneur Award in the 19th Annual Travel Bulletin of October 25, 2007
Man of the Year Award from the Aviation Press Club (APC) on April 9, 2008
Entrepreneur of the Year Award from the United Kingdom for Trade and Investment at the India Business Awards 2008 September 9, 2008

CNBC TV18 India Business Leader Awards January 22, 2009

International entrepreneurs of the year by Asian Voice readers on February 27, 2009
Award for the career of the Association of Travel Agencies of India (TAAI) August 2010
Honoring the Hall of Fame of the Hotel Investment Forum of India 2011 January 2011
Belgium was awarded the Commander of the Order of Leopold II, one of the highest civil differences in the country in November 2011.
Amity Leadership Award for business excellence, October 2012.