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== Early life ==
== Early life ==
Goenka was born on 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>
Dipali 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> 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 ==

Revision as of 11:36, 24 October 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 is an Indian businesswoman, currently serving as the CEO and MD of Welspun Living, a textile company in Mumbai.[6][7]

In 2016, Forbes ranked her as the 16th most powerful woman in Asia.[8][9] In 2023, she was appointed an independent director of NDTV alongside former SEBI chairman UK Sinha.[10] She was also invited to be part of NDTV World Summit in 2024.[11]

Early life

Dipali Goenka was born in Jaipur and studied at Maharani Gayatri Devi Girls' School.[12] she married at the age of 18[13] and moved to Mumbai in the late 1980s. She later completed her degree with a specialization in psychology.[6][14]

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.[6] Welspun initially focused on textile export and later expanded into the domestic retail market with the brand Spaces under Goenka's leadership.[6][15] In 2004, Welspun City, a textile manufacturing facility, was constructed on a 2500-acre campus in Gujarat.[16]

In 2005, Goenka attended the President Management Program at Harvard Business School.[17] In 2006, she led Welspun's acquisition of Christy, a manufacturer of household linens founded in 1850, for ₹100 crores.[6][18] In 2010, Goenka was appointed CEO of Welspun's global business,[19][20] and by 2014, she became its joint managing director.[17][6][21][22]

In 2016, Welspun India faced a major setback when the American retail corporation Target Corp discovered substandard bedsheets sold to them,[23][24] which accounted for about 10% of Welspun India’s annual revenue.[25] This led to a 54% decline in Welspun India's market capitalization between August 19, 2016, and August 30, 2016.[26][27] By 2017, Welspun had grown to become a major player in the global home textile market,[28][6] with a presence in 32 countries, including the US, UK, Europe, Canada, and Australia.[29][30] The company manufactures towels and bed linen under the Martha Stewart brand for the North American market.[31][32]

Goenka is also involved in philanthropic initiatives focused on inclusive development.[33] She serves as the Brand Ambassador for WEConnect International,[8] chaired the ASSOCHAM Women's Council,[34] 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.[35]

Personal life

She married BK Goenka, co-founder and chairman of the Welspun World, in 1987. The couple has two daughters, Radhika[14] and Vanshika.[36][37]

Recognition

References

  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 d e f g 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. ^ 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.
  9. ^ Cite error: The named reference :0 was invoked but never defined (see the help page).
  10. ^ "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.
  11. ^ Jayaraj, Prajwal (2024-10-22). "Welspun Operations To Be Entirely Green By 2030: Dipali Goenka". NDTV Profit. Retrieved 2024-10-22.
  12. ^ 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.
  13. ^ Tripathi, Naandika. "Diversity Is Not Just About Women, It's About Embracing The Community: Dipali Goenka". Forbes India. Retrieved 2024-05-06.
  14. ^ 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.
  15. ^ Raghunathan, Anuradha (2019-11-29). "Fabric-ation? Welspun Crisis Takes Toll On Goenkas". Forbes India. Retrieved 2024-07-11.
  16. ^ a b "Dipali Goenka: Unstoppable Tycoon". Business Today. 2021-12-10. Retrieved 2024-07-10.
  17. ^ a b Cite error: The named reference :02 was invoked but never defined (see the help page).
  18. ^ "Spinning A Success Story - Dipali Goenka". www.marwar.com. Retrieved 2024-07-10.
  19. ^ 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.
  20. ^ 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.
  21. ^ Mishra, Lalatendu (2018-12-02). "Welspun India is eyeing $2 billion in revenue by 2022: Dipali Goenka". The Hindu. ISSN 0971-751X. Retrieved 2024-07-10.
  22. ^ "Dipali Goenka's plans for Welspun Group". www.fortuneindia.com. 2021-06-06. Retrieved 2024-07-10.
  23. ^ 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 2024-07-11.
  24. ^ "Target severs ties with Welspun". Business Standard.
  25. ^ "Lawsuits against Welspun, Wal-Mart roil cotton industry". livemint.
  26. ^ Staff, Scroll (2016-08-22). "Shares of Welspun India drop 20% after Target Corp terminates ties with the textile manufacturer". Scroll.in. Retrieved 2024-07-11.
  27. ^ "Welspun India shares crash after US retailer ends contract". The Indian Express. 2016-08-24. Retrieved 2024-07-11.
  28. ^ Layak, Suman (2019-06-09). "How Welspun India is emerging from a crisis that rocked its credibility". The Economic Times. ISSN 0013-0389. Retrieved 2024-07-11.
  29. ^ "Welspun CEO Dipali Goenka is more than a dancing CEO⁠— she's a homemaker-turned-CEO engaged in the good fight". Business Insider. Retrieved 2024-07-10.
  30. ^ Layak, Suman (2019-06-09). "How Welspun India is emerging from a crisis that rocked its credibility". The Economic Times. ISSN 0013-0389. Retrieved 2024-07-10.
  31. ^ "Martha Stewart and Welspun | Heart to home". India Today. 2023-11-17. Retrieved 2024-07-10.
  32. ^ "'We wanted to show Martha Stewart a slice and dice of India's culture'". Hindustan Times. 2023-11-12. Retrieved 2024-07-10.
  33. ^ "This Indian Company Provides Towels For Nadal, Djokovic In Wimbledon; Turnover Rs 9,400 Crore". Zee News. Retrieved 2024-07-10.
  34. ^ "NDTV Appoints Former SEBI Chairman UK Sinha And Business Leader Dipali Goenka As Independent Directors". NDTV.com. Retrieved 2024-07-10.
  35. ^ Bureau, The Hindu (2023-03-27). "NDTV appoints former SEBI chairman U.K. Sinha, Welspun India CEO Dipali Goenka as independent directors". The Hindu. ISSN 0971-751X. Retrieved 2024-07-10. {{cite news}}: |last= has generic name (help)
  36. ^ a b Cite error: The named reference :22 was invoked but never defined (see the help page).
  37. ^ Zachariah, Reeba; V K, Vipashana. "'Working empowers you, makes you confident': Dipali Goenka, MD, Welspun Retail - ET Retail". ETRetail.com. Retrieved 2024-07-10.
  38. ^ "8 Indian women who made it to Forbes' Asia Power Businesswomen 2016 list". Business Today. 2016-04-07. Retrieved 2024-07-10.
  39. ^ 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
  40. ^ Singh, Yoshita. "Nita Ambani most powerful businesswoman in Asia". Rediff. Retrieved 2024-07-10.
  41. ^ "Welspun India: Out Of The Woods". Forbes India. Retrieved 2024-07-10.


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