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	<title>Bal Dixit - Revision history</title>
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		<title>Yogiindia at 14:11, 18 February 2026</title>
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&lt;p&gt;&lt;b&gt;New page&lt;/b&gt;&lt;/p&gt;&lt;div&gt;{{Short description|Researcher and businessman (born 1938)}}&lt;br /&gt;
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&amp;#039;&amp;#039;&amp;#039;Bal Dixit&amp;#039;&amp;#039;&amp;#039; (born 1938) is a researcher and businessman working in [[technical textile]]s. In 1977, Dixit started work on developing a product he would later call Zetex in response to the impending [[asbestos]] ban. This product exhibits many of the properties of asbestos, without the side effects of lung cancer or mesothelioma.&amp;lt;ref&amp;gt;Dixit, B., &amp;quot;Performance of Protective Clothing: Development and Testing of Asbestos Substitutes,&amp;quot; Performance of Protective Clothing. ASTM STP 900, R. L. Barker and G. C. Coletta, Eds., American Society for Testing and Materials, Philadelphia, 1986, pp. 445-460.&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{Cite news|url=https://www.democratandchronicle.com/story/money/business/2013/11/18/bal-dixit-revisits-time-at-newtex-industries/3632025/|title=Bal Dixit revisits time at Newtex Industries|work=Rochester Democrat and Chronicle|access-date=2018-06-28|language=en}}&amp;lt;/ref&amp;gt; In 1978, Dixit founded the company Newtex to market Zetex. &lt;br /&gt;
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== Early life and education ==&lt;br /&gt;
Dixit was born in the village of [[Katol]] in central India in 1938. After receiving his degree in Textile Technology from the [[University of Punjab]], he emigrated to the United States in 1964, joining [[Union Carbide Corporation]] as an Advanced Technologist. At [[Union Carbide]], Dixit helped develop carbon fiber for lightweight structural composites that were later incorporated in General Dynamics&amp;#039; F-111B fighter aircraft. Dixit earned his master&amp;#039;s in Textile Technology from the University of Massachusetts in 1966 and soon after joined Garlock, where he was tasked with establishing a modern asbestos plant in Sherbrooke, Quebec, Canada. Dixit went on to earn an [[MBA]] from the [[Rochester Institute of Technology]] in 1974.&amp;lt;ref name=&amp;quot;:0&amp;quot;&amp;gt;{{Cite web|url=http://www.rit.edu/news/story.php?id=67137&amp;amp;source=enewsletter|title=RIT&amp;#039;s Golisano Institute for Sustainability names lab in honor of Sudhakar &amp;#039;Bal&amp;#039; Dixit|website=www.rit.edu|language=en|access-date=2018-07-05}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
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== His company ==&lt;br /&gt;
In 1978, Dixit left Garlock to launch his own company, Newtex Industries, in [[Victor, New York]].{{cn|date=October 2025}} At Newtex, he developed Zetex fiberglass fabric, a safe and viable alternative to [[asbestos]].{{cn|date=October 2025}} By 1983, Newtex grew to $2.4{{nbsp}}million in sales.{{cn|date=October 2025}}&lt;br /&gt;
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Dixit led Newtex from the time he founded the company in 1978 until he stepped down to retire in 2006. At that time, Dixit&amp;#039;s son-in-law, Jerry Joliet, took over as President and CEO.&amp;lt;ref name=&amp;quot;:0&amp;quot; /&amp;gt;&lt;br /&gt;
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=== &amp;quot;The Dixit Fixit&amp;quot; ===&lt;br /&gt;
In 1980, just two days before the annual stockholders&amp;#039; meeting, a large fire caused extensive damage to the Newtex plant. The company was fully operational again 3 weeks after the fire. Newtex employees dubbed the impressive recovery as &amp;quot;The Dixit Fixit&amp;quot;, and Dixit&amp;#039;s perseverance after the fire was documented in two books by RIT business professor Andrew J. Dubrin, &amp;#039;&amp;#039;Getting it Done: The Transforming Power of Self-Discipline&amp;#039;&amp;#039; and &amp;#039;&amp;#039;The Inner Core of the Resilient Manager&amp;#039;&amp;#039;.&amp;lt;ref&amp;gt;{{Cite web|url=http://www.rit.edu/~w-umag/fall2010/20_rising_from_the_flames.php|title=RIT - University Magazine|website=www.rit.edu|language=en|access-date=2018-07-05}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
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== Community involvement ==&lt;br /&gt;
In 1996, Dixit was appointed Director of the [[Federal Reserve Bank]] by Chairman [[Alan Greenspan]]. He served as Chairman of the Board of the [[Buffalo, New York|Buffalo]] Branch of the Federal Reserve Bank for five years. He also served on the boards of the [[Rochester General Hospital]] and the Greater Rochester Chamber of Commerce and has been a [[Rochester Institute of Technology]] Trustee.&amp;lt;ref name=&amp;quot;:0&amp;quot; /&amp;gt;&lt;br /&gt;
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In June 2018, the Golisano Institute for Sustainability at the Rochester Institute of Technology dedicated the &amp;#039;&amp;#039;Bal Dixit Laboratory for Advanced Materials and Fire Protection&amp;#039;&amp;#039;, made possible by a $2{{nbsp}}million gift from Dixit.&amp;lt;ref&amp;gt;{{Cite web|url=https://www.newtex.com/about/news-press/bal-dixit-laboratory-for-advanced-materials-and-fire-protection-opens-at-ri|title=About {{!}} News &amp;amp; Press Releases {{!}} Bal Dixit Lab for Advanced Materials and Fire Protection Opens at RIT {{!}} Newtex|website=www.newtex.com|language=en|access-date=2018-07-05}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
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== Recognition ==&lt;br /&gt;
Dixit received the Herbert W. VandenBrul Entrepreneurial Award in 1992 and was inducted into the [[Rochester, New York|Rochester]] Business Hall of Fame in 2003.&amp;lt;ref name=&amp;quot;:0&amp;quot; /&amp;gt;&lt;br /&gt;
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== References ==&lt;br /&gt;
&amp;lt;!--- See http://en.wikipedia.org/wiki/Wikipedia:Footnotes on how to create references using &amp;lt;ref&amp;gt;&amp;lt;/ref&amp;gt; tags which will then appear here automatically --&amp;gt;&lt;br /&gt;
{{Reflist}}&lt;br /&gt;
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== External links ==&lt;br /&gt;
* [http://www.newtex.com/ Newtex Industries]&lt;br /&gt;
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{{DEFAULTSORT:Dixit, Bal}}&lt;br /&gt;
[[Category:American businesspeople]]&lt;br /&gt;
[[Category:Living people]]&lt;br /&gt;
[[Category:Year of birth missing (living people)]]&lt;/div&gt;</summary>
		<author><name>Yogiindia</name></author>
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