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{{Short description|Indian businesswoman}}
{{Short description|Indian businesswoman}}


{{Infobox person
{{Infobox person
| name = Dipali Goenka
| name = Dipali Goenka
⚫
| image = Dipali Goenka.png
| caption = Dipali Goenka in 2017
| birth_date = {{Birth date and age|1969|10|13}}<ref>{{cite news |last1=Iyer |first1=Sriram |title=Welspun CEO Dipali Goenka is more than a dancing CEO⁠— she's a homemaker-turned-CEO engaged in the good fight |url=https://www.businessinsider.in/thelife/personalities/news/who-is-welspun-ceo-dipali-goenka-dancing-video-and-full-profile/articleshow/74211823.cms |work=[[Business Insider]]}}</ref>
| birth_date = {{Birth date and age|1969|10|13}}<ref>{{cite news |last1=Iyer |first1=Sriram |title=Welspun CEO Dipali Goenka is more than a dancing CEO⁠— she's a homemaker-turned-CEO engaged in the good fight |url=https://www.businessinsider.in/thelife/personalities/news/who-is-welspun-ceo-dipali-goenka-dancing-video-and-full-profile/articleshow/74211823.cms |work=[[Business Insider]]}}</ref>
| nationality =
| nationality = Indian
| alma_mater = [[Harvard University]]
| alma_mater = [[Harvard University]]
| occupation = Businesswoman, CEO & MD, [[Welspun Living]]<ref>{{cite news |title=Martha Stewart backs India outsourcing as companies rethink China supply chains |url=https://www.ft.com/content/57bb34f0-611f-4b55-985f-6bd0fc169950 |work=www.ft.com}}</ref>
| occupation = Businesswoman
| title = CEO & MD, [[Welspun Living]]<ref>{{cite news |title=Martha Stewart backs India outsourcing as companies rethink China supply chains |url=https://www.ft.com/content/57bb34f0-611f-4b55-985f-6bd0fc169950 |work=www.ft.com}}</ref>
| spouse = Balkrishan Goenka<ref>{{cite news |title=Dipali Goenka: Unstoppable Tycoon |url=https://www.businesstoday.in/specials/most-powerful-women-in-business/story/dipali-goenka-unstoppable-tycoon-315145-2021-12-10 |work=Business Today |date=10 December 2021 |language=en}}</ref>
⚫
| spouse =
| children = 2<ref>{{cite web |last1=Reddy |first1=Sujata |title=Welspun group heiress Radhika Goenka wants to surprise her parents with entrepreneurial abilities |url=https://economictimes.indiatimes.com/magazines/panache/following-her-own-dream-radhika-goenka-doesnt-want-to-live-under-her-parents-shadow/articleshow/59435022.cms?from=mdr |website=The Economic Times |date=4 July 2017}}</ref><ref>{{cite news |last1=Thomson |first1=Lisa Mary |title=Check out how leaders of India Inc bring up their kids |url=https://economictimes.indiatimes.com/check-out-how-leaders-of-india-inc-bring-up-their-kids/articleshow/5444150.cms?from=mdr |work=The Economic Times |date=11 January 2010}}</ref>
| children =
}}
}}

'''Dipali Goenka''' (born October 13, 1969) is an Indian businesswoman who is serving as the CEO and Managing Director of [[Welspun Living]],<ref name=":22">{{Cite web |date=2024-02-28 |title=Dipali Goenka |url=https://www.cnbc.com/2024/02/28/dipali-goenka-cnbc-changemakers.html |access-date=2024-05-06 |website=CNBC |language=en}}</ref><ref>{{Cite web |title=With The World In Its Present State, A Stable Economy Like India Is A Nice Place To Work In: Martha Stewart |url=https://www.forbesindia.com/article/news/with-the-world-in-its-present-state-a-stable-economy-like-india-is-a-nice-place-to-work-in-martha-stewart/90075/1 |access-date=2024-05-06 |website=Forbes India |language=en}}</ref><ref>{{Cite web |title=Looking Ahead with Learnings from the Crisis |url=https://www.forbesindia.com/article/one-ceo-club/looking-ahead-with-learnings-from-the-crisis/63615/1 |access-date=2024-05-06 |website=www.forbesindia.com}}</ref> one of the largest home textile manufacturers in the world.<ref>{{Cite news |last=Umarji |first=Vinay |title=Welspun ranked largest global home textiles supplier |url=https://www.business-standard.com/article/companies/welspun-ranked-largest-global-home-textiles-supplier-113020400595_1.html |work=Business Standard}}</ref><ref name=":02">{{Cite web |date=2023-07-12 |title=Who is Dipali Goenka, CEO of Rs 9400 crore Indian brand that makes Wimbledon towels; know about her lifestyle and net worth |url=https://www.financialexpress.com/lifestyle/who-is-dipali-goenka-ceo-of-rs-9400-crore-indian-brand-that-makes-wimbledon-towels-know-about-her-lifestyle-and-net-worth/3165355/ |access-date=2024-05-06 |website=Financialexpress |language=en}}</ref><ref>{{Cite news |last=Ganguly |first=Shramana |date=2013-02-04 |title=Welspun is the top home textile supplier in the US |url=https://economictimes.indiatimes.com/industry/cons-products/garments-/-textiles/welspun-is-the-top-home-textile-supplier-in-the-us/articleshow/18332555.cms?from=mdr |access-date=2024-05-06 |work=The Economic Times |issn=0013-0389}}</ref> In 2016, [[Forbes]] ranked her as the 16th most powerful woman in Asia and the 4th in India.<ref name=":52">{{Cite web |last=Jain |first=Samidha |title=The Onus Of Empowering Women Lies Equally On Women Too: Dipali Goenka Of Welspun India |url=https://www.forbesindia.com/article/leadership/the-onus-of-empowering-women-lies-equally-on-women-too-dipali-goenka-of-welspun-india/86853/1 |access-date=2024-05-06 |website=Forbes India |language=en}}</ref><ref>{{Cite web |title=India's 100 Richest: Why Is It Still A Man's World? |url=https://www.forbesindia.com/article/india-rich-list-2022/indias-100-richest-why-is-it-still-a-mans-world/81651/1 |access-date=2024-07-11 |website=Forbes India |language=en}}</ref><ref name=":02" /> In 2017, she was the co-chair of the [[World Economic Forum]] on India and a speaker at the Harvard India Conference's Inspire Series in 2018.<ref>{{Cite web |title=[4] |url=https://www.weforum.org/people/dipali-goenka/ |website=weforum}}</ref><ref>{{Cite web |date=2024-01-17 |title='Work-life balance comes by creating more leaders': What high-powered panel of women CEOs said at Davos |url=https://www.businesstoday.in/wef-2024/story/work-life-balance-comes-by-creating-more-leaders-what-high-powered-panel-of-women-ceos-said-at-davos-413828-2024-01-17 |access-date=2024-05-06 |website=Business Today |language=en}}</ref>
'''Dipali Goenka''' (born 1969) is an Indian businesswoman, and the CEO and MD of [[Welspun Living]], a textile company in Mumbai.<ref name=":12">{{Cite web |last=Venkatesh |first=Shruti |title=How Dipali Goenka transformed Welspun into a global textile giant |url=https://wow.outlookbusiness.com/dipali-goenka/ |website=[[Outlook (Indian magazine)|Outlook Business]]}}</ref><ref>{{Cite web |last=Devi |first=Gayatri |date=27 January 2024 |title=Spinning a Success Story |url=https://www.pressreader.com/india/the-free-press-journal/20240127/282471418737571 |website=[[Free Press Journal]]}}</ref>

In 2016, ''[[Forbes]]'' ranked her as one of the 50 most powerful woman in Asia.<ref>{{Cite web |last=Scott |first=Mary E. |title=Asia's 50 Power Businesswomen 2016|quote=this list -- which is presented alphabetically and is not intended to be a ranking |url=https://www.forbes.com/sites/forbesasia/2016/04/06/asias-50-power-businesswomen-2016/ |access-date=2024-07-10 |website=Forbes |language=en}}</ref><ref name=":52">{{Cite web |last=Jain |first=Samidha |title=The Onus Of Empowering Women Lies Equally On Women Too: Dipali Goenka Of Welspun India |url=https://www.forbesindia.com/article/leadership/the-onus-of-empowering-women-lies-equally-on-women-too-dipali-goenka-of-welspun-india/86853/1 |access-date=2024-05-06 |website=Forbes India |language=en}}</ref><ref name=":0" /> In 2023, she was appointed an independent director of [[NDTV]] alongside former [[SEBI]] chairman [[U. K. Sinha|UK Sinha]].<ref>{{Cite web |title=Meet Dipali Goenka, CEO of Rs 19000 crore company, social media star; her house is costlier than Ratan Tata's |url=https://www.dnaindia.com/business/report-meet-dipali-goenka-ceo-of-rs-19000-crore-welspun-india-social-media-star-house-costlier-ratan-tata-mumbai-3032818 |access-date=2024-10-22 |website=DNA India |language=en}}</ref> She was also invited to be part of NDTV World Summit in 2024.<ref>{{Cite web |last=Jayaraj |first=Prajwal |date=2024-10-22 |title=Welspun Operations To Be Entirely Green By 2030: Dipali Goenka |url=https://www.ndtvprofit.com/business/ndtv-world-summit-welspun-living-sustainability-goals-dipali-goenka |access-date=2024-10-22 |website=NDTV Profit |language=en}}</ref>


== Early life ==
== Early life ==
Goenka was born in October 13, 1969 in [[Jaipur]], into a [[Marwari people|Marwari]] family.<ref>{{Cite web |title=Meet Dipali Goenka, CEO of Welspun |url=https://www.dnaindia.com/business/report-meet-dipali-goenka-ceo-of-rs-19000-crore-welspun-india-social-media-star-house-costlier-ratan-tata-mumbai-3032818 |access-date=2024-07-11 |website=DNA India |language=en}}</ref> She attended [[Maharani Gayatri Devi Girls' Public School|Maharani Gayatri Devi Girl’s School]] and later graduated with a degree in psychology.<ref name=":12">{{Cite web |last=Venkatesh |first=Shruti |title=How Dipali Goenka transformed Welspun into a global textile giant |url=https://wow.outlookbusiness.com/dipali-goenka/ |website=[[Outlook (Indian magazine)|Outlook Business]]}}</ref> At the age of 18, she married BK Goenka<ref>{{Cite web |last=Tripathi |first=Naandika |title=Diversity Is Not Just About Women, It's About Embracing The Community: Dipali Goenka |url=https://www.forbesindia.com/article/leadership/diversity-is-not-just-about-women-its-about-embracing-the-community-dipali-goenka/86283/1 |access-date=2024-05-06 |website=Forbes India |language=en}}</ref><ref>{{Cite web |date=2017-08-07 |title=Mother-daughter, Dipali and Radhika Goenka share more than business smarts |url=https://www.vogue.in/magazine-story/mother-daughter-dipali-and-radhika-goenka-share-more-than-business-smarts/ |access-date=2024-05-06 |website=Vogue India |language=en-IN}}</ref><ref>{{Cite web |date=2016-06-17 |title=5 Business partners who are married to each other |url=https://www.indiatvnews.com/photos/india-5-business-partners-who-are-married-to-each-other-335046 |access-date=2024-05-06 |website=www.indiatvnews.com |language=en}}</ref> and moved to [[Mumbai]] in 1987.<ref name=":12" /><ref name=":42">{{Cite news |title='If you want the nation to progress, then you need to empower women': Dipali Goenka, CEO and joint MD, Welspun India |url=https://www.moneycontrol.com/news/trends/features/if-you-want-the-nation-to-progress-then-you-need-to-empower-women-dipali-goenka-ceo-and-joint-md-welspun-india-6871561.html |work=Money Control}}</ref><ref>{{Cite web |title=Spinning a Success Story |url=https://www.pressreader.com/india/the-free-press-journal/20240127/282471418737571 |website=Free Press Journal}}</ref><ref>{{Cite web |date=2021-01-07 |title=New Spins - BW Businessworld |url=http://www.businessworld.in/article/New-Spins/08-11-2014-60229/ |archive-url=https://web.archive.org/web/20210107060232/http://www.businessworld.in/article/New-Spins/08-11-2014-60229/ |archive-date=2021-01-07 |access-date=2024-05-06}}</ref>
Goenka was born in [[Jaipur]] and studied at Maharani Gayatri Devi Girls' School.<ref>{{Cite web |last=Tamta |first=Prashant |title=Meet woman, who married at 18, later studied at Harvard, now runs Rs 18566 crore company as... |url=https://www.dnaindia.com/business/report-meet-woman-dipali-goenka-harvard-alumnus-who-married-at-18-now-runs-rs-18566-crore-company-welspun-living-ceo-3105406 |access-date=2024-10-22 |website=DNA India |language=en}}</ref> Due to family circumstances, she married at the age of 18<ref>{{Cite web |last=Tripathi |first=Naandika |title=Diversity Is Not Just About Women, It's About Embracing The Community: Dipali Goenka |url=https://www.forbesindia.com/article/leadership/diversity-is-not-just-about-women-its-about-embracing-the-community-dipali-goenka/86283/1 |access-date=2024-05-06 |website=Forbes India |language=en}}</ref> and moved to [[Mumbai]] in the late 1980s. She later completed her degree with a specialization in psychology.<ref name=":12" /><ref name=":42">{{Cite news |title='If you want the nation to progress, then you need to empower women': Dipali Goenka, CEO and joint MD, Welspun India |url=https://www.moneycontrol.com/news/trends/features/if-you-want-the-nation-to-progress-then-you-need-to-empower-women-dipali-goenka-ceo-and-joint-md-welspun-india-6871561.html |work=Money Control}}</ref>


== Career ==
== Career ==
In 2002, Goenka joined her husband's textile business, Welspun, where she headed the design studio. She spent time on the shop floor learning about various aspects of the business, including purchasing cotton, manufacturing processes, and machine operations.<ref name=":12" /> Welspun initially focused on textile export and later expanded into the domestic retail market with the brand Spaces under Goenka's leadership.<ref name=":12" /><ref>{{Cite web |last=Raghunathan |first=Anuradha |date=2019-11-29 |title=Fabric-ation? Welspun Crisis Takes Toll On Goenkas |url=https://www.forbesindia.com/article/india-rich-list-2016/fabrication-welspun-crisis-takes-toll-on-goenkas/44931/1 |access-date=2024-07-11 |website=Forbes India |language=en}}</ref> In 2004, Welspun City, a textile manufacturing facility, was constructed on a 2500-acre campus in [[Gujarat]].<ref name=":32">{{Cite web |date=2021-12-10 |title=Dipali Goenka: Unstoppable Tycoon |url=https://www.businesstoday.in/specials/most-powerful-women-in-business/story/dipali-goenka-unstoppable-tycoon-315145-2021-12-10 |access-date=2024-07-10 |website=Business Today |language=en}}</ref>
In 2002, Goenka joined her husband's textile business, where she headed the design studio. Welspun was initially a textile exporter. Under her leadership, the company expanded into the domestic retail market with the brand Spaces.<ref>{{Cite web |title=Welspun CEO Dipali Goenka is more than a dancing CEO⁠— she's a homemaker-turned-CEO engaged in the good fight {{!}} Business Insider India |url=https://www.businessinsider.in/thelife/personalities/news/who-is-welspun-ceo-dipali-goenka-dancing-video-and-full-profile/articleshow/74211823.cms |access-date=2024-10-22 |website=Business Insider |language=en}}</ref><ref>{{Cite web |last=Raghunathan |first=Anuradha |date=2019-11-29 |title=Fabric-ation? Welspun Crisis Takes Toll On Goenkas |url=https://www.forbesindia.com/article/india-rich-list-2016/fabrication-welspun-crisis-takes-toll-on-goenkas/44931/1 |access-date=2024-07-11 |website=Forbes India |language=en}}</ref> In 2004, she set up a textile manufacturing facility in [[Gujarat]].<ref name=":32">{{Cite web |date=2021-12-10 |title=Dipali Goenka: Unstoppable Tycoon |url=https://www.businesstoday.in/specials/most-powerful-women-in-business/story/dipali-goenka-unstoppable-tycoon-315145-2021-12-10 |access-date=2024-07-10 |website=Business Today |language=en}}</ref>


In 2005, Goenka attended the President Management Program at [[Harvard Business School]].<ref name=":02" /> In 2006, she led Welspun's acquisition of [[Christy (towel manufacturer)|Christy]], a manufacturer of household linens founded in 1850, for ₹100 crores.<ref name=":12" /><ref>{{Cite web |title=Spinning A Success Story - Dipali Goenka |url=https://www.marwar.com/spinning-a-success-story.php |access-date=2024-07-10 |website=www.marwar.com}}</ref> In 2010, Goenka was appointed CEO of Welspun's global business,<ref>{{Cite news |last=Ganguly |first=Dibeyendu |date=2013-03-08 |title=Can Balkrishan Goenka's decision to choose family over professionals work at Welspun? |url=https://economictimes.indiatimes.com/can-balkrishan-goenkas-decision-to-choose-family-over-professionals-work-at-welspun/articleshow/18849197.cms?from=mdr |access-date=2024-07-10 |work=The Economic Times |issn=0013-0389}}</ref><ref>{{Cite news |last=Singh |first=Rajiv |date=2017-03-02 |title=Dipali Goenka gives a high-tech spin to get Welspun back on target |url=https://economictimes.indiatimes.com/dipali-goenka-gives-a-high-tech-spin-to-get-welspun-back-on-target/articleshow/57391195.cms?from=mdr |access-date=2024-07-10 |work=The Economic Times |issn=0013-0389}}</ref> and by 2014, she became its joint managing director.<ref name=":02" /><ref name=":12" /><ref>{{Cite news |last=Mishra |first=Lalatendu |date=2018-12-02 |title=Welspun India is eyeing $2 billion in revenue by 2022: Dipali Goenka |url=https://www.thehindu.com/business/welspun-india-is-eyeing-2-billion-in-revenue-by-2022/article25649303.ece |access-date=2024-07-10 |work=The Hindu |language=en-IN |issn=0971-751X}}</ref><ref>{{Cite web |date=2021-06-06 |title=Dipali Goenka's plans for Welspun Group |url=https://www.fortuneindia.com/multimedia/watch-dipali-goenkas-ambitious-plans-for-welspun/105528 |access-date=2024-07-10 |website=www.fortuneindia.com |language=en}}</ref>
In 2005, Goenka attended the owner and president management program at [[Harvard Business School]].<ref name=":02">{{Cite web |date=2023-07-12 |title=Who is Dipali Goenka, CEO of Rs 9400 crore Indian brand that makes Wimbledon towels; know about her lifestyle and net worth |url=https://www.financialexpress.com/lifestyle/who-is-dipali-goenka-ceo-of-rs-9400-crore-indian-brand-that-makes-wimbledon-towels-know-about-her-lifestyle-and-net-worth/3165355/ |access-date=2024-05-06 |website=Financialexpress |language=en}}</ref> In 2006, she acquired [[Christy (towel manufacturer)|Christy]], a UK-based towel manufacturer, for ₹100 crores.<ref name=":12" /><ref>{{Cite web |title=Spinning A Success Story - Dipali Goenka |url=https://www.marwar.com/spinning-a-success-story.php |access-date=2024-07-10 |website=www.marwar.com}}</ref> In 2020, she was appointed CEO of Welspun's global business<ref>{{Cite news |last=Ganguly |first=Dibeyendu |date=2013-03-08 |title=Can Balkrishan Goenka's decision to choose family over professionals work at Welspun? |url=https://economictimes.indiatimes.com/can-balkrishan-goenkas-decision-to-choose-family-over-professionals-work-at-welspun/articleshow/18849197.cms?from=mdr |access-date=2024-07-10 |work=The Economic Times |issn=0013-0389}}</ref><ref>{{Cite news |last=Singh |first=Rajiv |date=2017-03-02 |title=Dipali Goenka gives a high-tech spin to get Welspun back on target |url=https://economictimes.indiatimes.com/dipali-goenka-gives-a-high-tech-spin-to-get-welspun-back-on-target/articleshow/57391195.cms?from=mdr |access-date=2024-07-10 |work=The Economic Times |issn=0013-0389}}</ref> and in 2014, she became the Joint Managing Director.<ref>{{Cite web |date=2021-06-06 |title=Dipali Goenka's plans for Welspun Group |url=https://www.fortuneindia.com/multimedia/watch-dipali-goenkas-ambitious-plans-for-welspun/105528 |access-date=2024-07-10 |website=www.fortuneindia.com |language=en}}</ref>


⚫
She has participated in international forums, including the Harvard India Conference in 2018 and the [[World Economic Forum]] in [[Davos]] in 2024, where she was a panelist at a session titled ''Investing in Parity - The Double X Factor''. She is a brand ambassador for WEConnect International,<ref name=":52" /> chaired the [[ASSOCHAM]] Women's Council,<ref name=":62">{{Cite web |title=NDTV Appoints Former SEBI Chairman UK Sinha And Business Leader Dipali Goenka As Independent Directors |url=https://www.ndtv.com/communication/ndtv-appoints-two-new-independent-directors-3897780 |access-date=2024-07-10 |website=NDTV.com}}</ref> and is a board member of the consumption platform at the World Economic Forum.<ref>{{Cite news |date=2023-03-27 |title=NDTV appoints former SEBI chairman U.K. Sinha, Welspun India CEO Dipali Goenka as independent directors |url=https://www.thehindu.com/business/Industry/ndtv-appoints-former-sebi-chairman-uk-sinha-welspun-india-ceo-dipali-goenka-as-independent-directors/article66669245.ece |access-date=2024-07-10 |work=The Hindu |language=en-IN |issn=0971-751X}}</ref>
In 2016, Welspun India faced a major setback when the American retail corporation [[Target Corporation|Target Corp]] discovered substandard bedsheets sold to them,<ref>{{Cite news |last=Singh |first=Rajiv |date=2017-03-02 |title=Dipali Goenka gives a high-tech spin to get Welspun back on target |url=https://economictimes.indiatimes.com/dipali-goenka-gives-a-high-tech-spin-to-get-welspun-back-on-target/articleshow/57391195.cms?from=mdr |access-date=2024-07-11 |work=The Economic Times |issn=0013-0389}}</ref><ref>{{Cite news |title=Target severs ties with Welspun |url=https://www.business-standard.com/article/companies/target-severs-ties-with-welspun-116082000032_1.html |work=Business Standard}}</ref> which accounted for about 10% of Welspun India’s annual revenue.<ref>{{Cite news |title=Lawsuits against Welspun, Wal-Mart roil cotton industry |url=https://www.livemint.com/Industry/AMsqSWdB3fhIqs56CYo0YN/Class-action-suits-roil-cotton-industry.html |work=livemint}}</ref> This led to a 54% decline in Welspun India's market capitalization between August 19, 2016, and August 30, 2016.<ref>{{Cite web |last=Staff |first=Scroll |date=2016-08-22 |title=Shares of Welspun India drop 20% after Target Corp terminates ties with the textile manufacturer |url=http://scroll.in/latest/814624/shares-of-welspun-india-drop-20-after-target-corp-terminates-ties-with-the-textile-manufacturer |access-date=2024-07-11 |website=Scroll.in |language=en}}</ref><ref>{{Cite web |date=2016-08-24 |title=Welspun India shares crash after US retailer ends contract |url=https://indianexpress.com/article/business/companies/welspun-india-shares-crash-after-us-retailer-ends-contract-2993189/ |access-date=2024-07-11 |website=The Indian Express |language=en}}</ref> By 2017, Welspun had grown to become a major player in the global home textile market,<ref>{{Cite news |last=Layak |first=Suman |date=2019-06-09 |title=How Welspun India is emerging from a crisis that rocked its credibility |url=https://economictimes.indiatimes.com/industry/cons-products/garments-/-textiles/how-welspun-india-is-emerging-from-a-crisis-that-rocked-its-credibility/articleshow/69706022.cms?from=mdr |access-date=2024-07-11 |work=The Economic Times |issn=0013-0389}}</ref><ref name=":12" /> with a presence in 32 countries, including the US, UK, Europe, Canada, and Australia.<ref>{{Cite web |title=Welspun CEO Dipali Goenka is more than a dancing CEO⁠— she's a homemaker-turned-CEO engaged in the good fight |url=https://www.businessinsider.in/thelife/personalities/news/who-is-welspun-ceo-dipali-goenka-dancing-video-and-full-profile/articleshow/74211823.cms |access-date=2024-07-10 |website=Business Insider}}</ref><ref>{{Cite news |last=Layak |first=Suman |date=2019-06-09 |title=How Welspun India is emerging from a crisis that rocked its credibility |url=https://economictimes.indiatimes.com/industry/cons-products/garments-/-textiles/how-welspun-india-is-emerging-from-a-crisis-that-rocked-its-credibility/articleshow/69706022.cms?from=mdr |access-date=2024-07-10 |work=The Economic Times |issn=0013-0389}}</ref> The company manufactures towels and bed linen under the [[Martha Stewart]] brand for the [[North America|North American]] market.<ref>{{Cite web |date=2023-11-17 |title=Martha Stewart and Welspun {{!}} Heart to home |url=https://www.indiatoday.in/magazine/supplement/story/20231127-martha-stewart-and-welspun-heart-to-home-2464071-2023-11-17 |access-date=2024-07-10 |website=India Today |language=en}}</ref><ref>{{Cite web |date=2023-11-12 |title='We wanted to show Martha Stewart a slice and dice of India's culture' |url=https://www.hindustantimes.com/cities/mumbai-news/we-wanted-to-show-martha-stewart-a-slice-and-dice-of-india-s-culture-101699730124845.html |access-date=2024-07-10 |website=Hindustan Times |language=en}}</ref>

⚫
Goenka is also involved in philanthropic initiatives focused on inclusive development.<ref>{{Cite web |title=This Indian Company Provides Towels For Nadal, Djokovic In Wimbledon; Turnover Rs 9,400 Crore |url=https://zeenews.india.com/companies/dipali-goenka-success-story-her-company-provides-towels-for-nadal-djokovic-in-wimbledon-turnover-rs-9400-crore-2635523.html |access-date=2024-07-10 |website=Zee News |language=en}}</ref> She serves as the [[Brand ambassador|Brand Ambassador]] for WEConnect International,<ref name=":52" /> chaired the [[ASSOCHAM]] Women's Council,<ref name=":62">{{Cite web |title=NDTV Appoints Former SEBI Chairman UK Sinha And Business Leader Dipali Goenka As Independent Directors |url=https://www.ndtv.com/communication/ndtv-appoints-two-new-independent-directors-3897780 |access-date=2024-07-10 |website=NDTV.com}}</ref> and is a board member of the Consumption platform at the [[World Economic Forum]]. In 2023, she was appointed as an Independent Director on the board of [[NDTV]].<ref>{{Cite news |last=Bureau |first=The Hindu |date=2023-03-27 |title=NDTV appoints former SEBI chairman U.K. Sinha, Welspun India CEO Dipali Goenka as independent directors |url=https://www.thehindu.com/business/Industry/ndtv-appoints-former-sebi-chairman-uk-sinha-welspun-india-ceo-dipali-goenka-as-independent-directors/article66669245.ece |access-date=2024-07-10 |work=The Hindu |language=en-IN |issn=0971-751X}}</ref>


== Personal life ==
== Personal life ==
She married BK Goenka, co-founder and chairman of the Welspun World, in 1987. The couple has two daughters, Radhika<ref name=":42" /> and Vanshika.<ref name=":22" /><ref>{{Cite web |last1=Zachariah |first1=Reeba |last2=V K |first2=Vipashana |title='Working empowers you, makes you confident': Dipali Goenka, MD, Welspun Retail - ET Retail |url=http://retail.economictimes.indiatimes.com/news/home-and-decor/furniture-and-decor/working-empowers-you-makes-you-confident-dipali-goenka-md-welspun-retail/32585142 |access-date=2024-07-10 |website=ETRetail.com |language=en}}</ref>
She married BK Goenka, co-founder and chairman of Welspun World, in 1987. The couple has two daughters, Radhika<ref name=":42" /> and Vanshika.<ref>{{Cite web |last1=Zachariah |first1=Reeba |last2=V K |first2=Vipashana |title='Working empowers you, makes you confident': Dipali Goenka, MD, Welspun Retail - ET Retail |url=http://retail.economictimes.indiatimes.com/news/home-and-decor/furniture-and-decor/working-empowers-you-makes-you-confident-dipali-goenka-md-welspun-retail/32585142 |access-date=2024-07-10 |website=ETRetail.com |language=en}}</ref>

== Lawsuit ==
During her tenure at Welspun India, the company faced a major setback when the US retail corporation [[Target Corporation|Target]] terminated all its contracts with Welspun due to a dispute over cotton supply.<ref>{{Cite news |title=Lawsuits against Welspun, Wal-Mart roil cotton industry |url=https://www.livemint.com/Industry/AMsqSWdB3fhIqs56CYo0YN/Class-action-suits-roil-cotton-industry.html |work=livemint}}</ref> Target alleged that the bedsheets supplied by the company were falsely labeled as [[Gossypium barbadense|Egyptian cotton]] and that another type of non-Egyptian cotton was substituted during production between August 2014 and July 2016 without Target's knowledge.<ref>{{Cite web |last=Galani |first=Una |title=India's Welspun is in a tangle of its own making |url=https://www.reuters.com/article/world/us/indias-welspun-is-in-a-tangle-of-its-own-making-idUSL3N1B71CY/ |website=[[Reuters]]}}</ref> Subsequently, [[Walmart]] and [[Bed Bath & Beyond]] also ceased their partnerships with Welspun. This led to a 54% decline in Welspun India's market capitalization between August 19, 2016, and August 30, 2016.<ref>{{Cite web |date=2016-08-24 |title=Welspun India shares crash after US retailer ends contract |url=https://indianexpress.com/article/business/companies/welspun-india-shares-crash-after-us-retailer-ends-contract-2993189/ |access-date=2024-07-11 |website=The Indian Express |language=en}}</ref>

== Media appearances ==
She has appeared on business news channels including The Economic Times and Bloomberg.<ref>{{Cite web |last=www.ETRetail.com |title=ETRetailCafe: Dipali Goenka on weaving Welspun Living's success story {{!}} ET Retail |url=https://retail.economictimes.indiatimes.com/videos/etretailcafe-dipali-goenka-on-weaving-welspun-livings-success-story/112967831 |access-date=2024-10-22 |website=ETRetail.com |language=en}}</ref><ref>{{Citation |title=Watch Welspun Living Navigates Retail Slump - Bloomberg |date=2024-09-04 |url=https://www.bloomberg.com/news/videos/2024-09-04/welspun-living-navigates-retail-slump-video |access-date=2024-10-22 |language=en}}</ref>


== Recognition ==
== Recognition ==


* Featured in [[Business Today (India)|Business Today]] as the Most Powerful Women in Business in 2021<ref name=":32" />
* One of the ''Most Powerful Women in Business'' by [[Business Today (India)|Business Today]] in 2021<ref name=":32" />
* [[Forbes|Forbes magazine]] named her as the 16th most powerful woman in Asia and the 4th in India in 2016<ref>{{Cite web |date=2016-04-07 |title=8 Indian women who made it to Forbes' Asia Power Businesswomen 2016 list |url=https://www.businesstoday.in/in-the-news/photo/indian-women-in-forbes-asia-power-businesswomen-2016-list-5258-2016-04-07 |access-date=2024-07-10 |website=Business Today |language=en}}</ref><ref>{{Cite web |last=Scott |first=Mary E. |title=Asia's 50 Power Businesswomen 2016 |url=https://www.forbes.com/sites/forbesasia/2016/04/06/asias-50-power-businesswomen-2016/ |access-date=2024-07-10 |website=Forbes |language=en}}</ref><ref>{{Cite web |last=Singh |first=Yoshita |title=Nita Ambani most powerful businesswoman in Asia |url=https://www.rediff.com/money/report/pix-nita-ambani-most-powerful-businesswoman-in-asia/20160407.htm |access-date=2024-07-10 |website=Rediff |language=en}}</ref><ref>{{Cite web |title=Welspun India: Out Of The Woods |url=https://www.forbesindia.com/article/8th-anniversary-special/welspun-india-out-of-the-woods/46931/1 |access-date=2024-07-10 |website=Forbes India |language=en}}</ref>
* ''[[Forbes]]'' named her one of the 50 most powerful woman in Asia in 2016<ref name=":0">{{Cite web |date=2016-04-07 |title=8 Indian women who made it to Forbes' Asia Power Businesswomen 2016 list |url=https://www.businesstoday.in/in-the-news/photo/indian-women-in-forbes-asia-power-businesswomen-2016-list-5258-2016-04-07 |access-date=2024-07-10 |website=Business Today |language=en}}</ref><ref>{{Cite web |last=Singh |first=Yoshita |title=Nita Ambani most powerful businesswoman in Asia |url=https://www.rediff.com/money/report/pix-nita-ambani-most-powerful-businesswoman-in-asia/20160407.htm |access-date=2024-07-10 |website=Rediff |language=en}}</ref>
* [[CNBC TV18|CNBC]] Changemakers in 2024<ref name=":22">{{Cite web |date=2024-02-28 |title=Dipali Goenka |url=https://www.cnbc.com/2024/02/28/dipali-goenka-cnbc-changemakers.html |access-date=2024-05-06 |website=CNBC |language=en}}</ref><ref>{{Cite web |title=Welspun Living Limited's CEO & MD, Dipali Goenka, Honored with CNBC's Changemaker Award |url=https://infashionbusiness.com/home/news_details/2557/9 |access-date=2024-10-22 |website=infashionbusiness.com |language=en}}</ref>
* [[CNBC TV18|CNBC]] Changemakers in 2024<ref name=":22" />


== References ==
== References ==
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== External links ==
== External links ==

* [https://www.weforum.org/people/dipali-goenka/ Deepali Goenka] on [[World Economic Forum]]
* [https://www.weforum.org/people/dipali-goenka/ Deepali Goenka] on [[World Economic Forum]]


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[[Category:Living people]]
[[Category:1969 births]]
[[Category:1969 births]]
[[Category:Indian businesspeople]]
[[Category:Indian businesspeople]]
[[Category:Harvard Business School alumni]]
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Latest revision as of 18:41, 2 December 2024

Dipali Goenka
Dipali Goenka in 2017
Born (1969-10-13) October 13, 1969 (age 55)[1]
NationalityIndian
Alma materHarvard University
OccupationBusinesswoman
TitleCEO & MD, Welspun Living[2]
SpouseBalkrishan Goenka[3]
Children2[4][5]

Dipali Goenka (born 1969) is an Indian businesswoman, and the CEO and MD of Welspun Living, a textile company in Mumbai.[6][7]

In 2016, Forbes ranked her as one of the 50 most powerful woman in Asia.[8][9][10] In 2023, she was appointed an independent director of NDTV alongside former SEBI chairman UK Sinha.[11] She was also invited to be part of NDTV World Summit in 2024.[12]

Early life

[edit]

Goenka was born in Jaipur and studied at Maharani Gayatri Devi Girls' School.[13] Due to family circumstances, she married at the age of 18[14] and moved to Mumbai in the late 1980s. She later completed her degree with a specialization in psychology.[6][15]

Career

[edit]

In 2002, Goenka joined her husband's textile business, where she headed the design studio. Welspun was initially a textile exporter. Under her leadership, the company expanded into the domestic retail market with the brand Spaces.[16][17] In 2004, she set up a textile manufacturing facility in Gujarat.[18]

In 2005, Goenka attended the owner and president management program at Harvard Business School.[19] In 2006, she acquired Christy, a UK-based towel manufacturer, for ₹100 crores.[6][20] In 2020, she was appointed CEO of Welspun's global business[21][22] and in 2014, she became the Joint Managing Director.[23]

She has participated in international forums, including the Harvard India Conference in 2018 and the World Economic Forum in Davos in 2024, where she was a panelist at a session titled Investing in Parity - The Double X Factor. She is a brand ambassador for WEConnect International,[9] chaired the ASSOCHAM Women's Council,[24] and is a board member of the consumption platform at the World Economic Forum.[25]

Personal life

[edit]

She married BK Goenka, co-founder and chairman of Welspun World, in 1987. The couple has two daughters, Radhika[15] and Vanshika.[26]

Lawsuit

[edit]

During her tenure at Welspun India, the company faced a major setback when the US retail corporation Target terminated all its contracts with Welspun due to a dispute over cotton supply.[27] Target alleged that the bedsheets supplied by the company were falsely labeled as Egyptian cotton and that another type of non-Egyptian cotton was substituted during production between August 2014 and July 2016 without Target's knowledge.[28] Subsequently, Walmart and Bed Bath & Beyond also ceased their partnerships with Welspun. This led to a 54% decline in Welspun India's market capitalization between August 19, 2016, and August 30, 2016.[29]

Media appearances

[edit]

She has appeared on business news channels including The Economic Times and Bloomberg.[30][31]

Recognition

[edit]

References

[edit]
  1. ^ Iyer, Sriram. "Welspun CEO Dipali Goenka is more than a dancing CEO⁠— she's a homemaker-turned-CEO engaged in the good fight". Business Insider.
  2. ^ "Martha Stewart backs India outsourcing as companies rethink China supply chains". www.ft.com.
  3. ^ "Dipali Goenka: Unstoppable Tycoon". Business Today. 10 December 2021.
  4. ^ Reddy, Sujata (4 July 2017). "Welspun group heiress Radhika Goenka wants to surprise her parents with entrepreneurial abilities". The Economic Times.
  5. ^ Thomson, Lisa Mary (11 January 2010). "Check out how leaders of India Inc bring up their kids". The Economic Times.
  6. ^ a b c Venkatesh, Shruti. "How Dipali Goenka transformed Welspun into a global textile giant". Outlook Business.
  7. ^ Devi, Gayatri (27 January 2024). "Spinning a Success Story". Free Press Journal.
  8. ^ Scott, Mary E. "Asia's 50 Power Businesswomen 2016". Forbes. Retrieved 2024-07-10. this list -- which is presented alphabetically and is not intended to be a ranking
  9. ^ a b Jain, Samidha. "The Onus Of Empowering Women Lies Equally On Women Too: Dipali Goenka Of Welspun India". Forbes India. Retrieved 2024-05-06.
  10. ^ a b "8 Indian women who made it to Forbes' Asia Power Businesswomen 2016 list". Business Today. 2016-04-07. Retrieved 2024-07-10.
  11. ^ "Meet Dipali Goenka, CEO of Rs 19000 crore company, social media star; her house is costlier than Ratan Tata's". DNA India. Retrieved 2024-10-22.
  12. ^ Jayaraj, Prajwal (2024-10-22). "Welspun Operations To Be Entirely Green By 2030: Dipali Goenka". NDTV Profit. Retrieved 2024-10-22.
  13. ^ Tamta, Prashant. "Meet woman, who married at 18, later studied at Harvard, now runs Rs 18566 crore company as..." DNA India. Retrieved 2024-10-22.
  14. ^ Tripathi, Naandika. "Diversity Is Not Just About Women, It's About Embracing The Community: Dipali Goenka". Forbes India. Retrieved 2024-05-06.
  15. ^ a b "'If you want the nation to progress, then you need to empower women': Dipali Goenka, CEO and joint MD, Welspun India". Money Control.
  16. ^ "Welspun CEO Dipali Goenka is more than a dancing CEO⁠— she's a homemaker-turned-CEO engaged in the good fight | Business Insider India". Business Insider. Retrieved 2024-10-22.
  17. ^ Raghunathan, Anuradha (2019-11-29). "Fabric-ation? Welspun Crisis Takes Toll On Goenkas". Forbes India. Retrieved 2024-07-11.
  18. ^ a b "Dipali Goenka: Unstoppable Tycoon". Business Today. 2021-12-10. Retrieved 2024-07-10.
  19. ^ "Who is Dipali Goenka, CEO of Rs 9400 crore Indian brand that makes Wimbledon towels; know about her lifestyle and net worth". Financialexpress. 2023-07-12. Retrieved 2024-05-06.
  20. ^ "Spinning A Success Story - Dipali Goenka". www.marwar.com. Retrieved 2024-07-10.
  21. ^ Ganguly, Dibeyendu (2013-03-08). "Can Balkrishan Goenka's decision to choose family over professionals work at Welspun?". The Economic Times. ISSN 0013-0389. Retrieved 2024-07-10.
  22. ^ Singh, Rajiv (2017-03-02). "Dipali Goenka gives a high-tech spin to get Welspun back on target". The Economic Times. ISSN 0013-0389. Retrieved 2024-07-10.
  23. ^ "Dipali Goenka's plans for Welspun Group". www.fortuneindia.com. 2021-06-06. Retrieved 2024-07-10.
  24. ^ "NDTV Appoints Former SEBI Chairman UK Sinha And Business Leader Dipali Goenka As Independent Directors". NDTV.com. Retrieved 2024-07-10.
  25. ^ "NDTV appoints former SEBI chairman U.K. Sinha, Welspun India CEO Dipali Goenka as independent directors". The Hindu. 2023-03-27. ISSN 0971-751X. Retrieved 2024-07-10.
  26. ^ Zachariah, Reeba; V K, Vipashana. "'Working empowers you, makes you confident': Dipali Goenka, MD, Welspun Retail - ET Retail". ETRetail.com. Retrieved 2024-07-10.
  27. ^ "Lawsuits against Welspun, Wal-Mart roil cotton industry". livemint.
  28. ^ Galani, Una. "India's Welspun is in a tangle of its own making". Reuters.
  29. ^ "Welspun India shares crash after US retailer ends contract". The Indian Express. 2016-08-24. Retrieved 2024-07-11.
  30. ^ www.ETRetail.com. "ETRetailCafe: Dipali Goenka on weaving Welspun Living's success story | ET Retail". ETRetail.com. Retrieved 2024-10-22.
  31. ^ Watch Welspun Living Navigates Retail Slump - Bloomberg, 2024-09-04, retrieved 2024-10-22
  32. ^ Singh, Yoshita. "Nita Ambani most powerful businesswoman in Asia". Rediff. Retrieved 2024-07-10.
  33. ^ "Dipali Goenka". CNBC. 2024-02-28. Retrieved 2024-05-06.
  34. ^ "Welspun Living Limited's CEO & MD, Dipali Goenka, Honored with CNBC's Changemaker Award". infashionbusiness.com. Retrieved 2024-10-22.
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