Dipali Goenka: Difference between revisions
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'''Dipali Goenka''' is an Indian businesswoman, |
'''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> |
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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> |
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> |
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== Early life == |
== Early life == |
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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> |
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== Career == |
== Career == |
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In 2002, |
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> |
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In 2005, Goenka |
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> |
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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 |
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> |
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== Personal life == |
== Personal life == |
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She married BK Goenka, co-founder and chairman of |
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> |
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== Lawsuit == |
== Lawsuit == |
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== Media appearances == |
== Media appearances == |
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She |
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> |
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== Recognition == |
== Recognition == |
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* One of the ''Most Powerful Women in Business'' by [[Business Today (India)|Business Today]] in 2021<ref name=":32" /> |
* One of the ''Most Powerful Women in Business'' by [[Business Today (India)|Business Today]] in 2021<ref name=":32" /> |
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* [[Forbes |
* ''[[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> |
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* [[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">{{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> |
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== External links == |
== External links == |
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* [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:Living people]] |
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[[Category:1969 births]] |
[[Category:1969 births]] |
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[[Category:Indian businesspeople]] |
[[Category:Indian businesspeople]] |
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[[Category:Harvard Business School alumni]] |
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Latest revision as of 18:41, 2 December 2024
Dipali Goenka | |
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Born | [1] | October 13, 1969
Nationality | Indian |
Alma mater | Harvard University |
Occupation | Businesswoman |
Title | CEO & MD, Welspun Living[2] |
Spouse | Balkrishan Goenka[3] |
Children | 2[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]- One of the Most Powerful Women in Business by Business Today in 2021[18]
- Forbes named her one of the 50 most powerful woman in Asia in 2016[10][32]
- CNBC Changemakers in 2024[33][34]
References
[edit]- ^ 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.
- ^ "Martha Stewart backs India outsourcing as companies rethink China supply chains". www.ft.com.
- ^ "Dipali Goenka: Unstoppable Tycoon". Business Today. 10 December 2021.
- ^ Reddy, Sujata (4 July 2017). "Welspun group heiress Radhika Goenka wants to surprise her parents with entrepreneurial abilities". The Economic Times.
- ^ Thomson, Lisa Mary (11 January 2010). "Check out how leaders of India Inc bring up their kids". The Economic Times.
- ^ a b c Venkatesh, Shruti. "How Dipali Goenka transformed Welspun into a global textile giant". Outlook Business.
- ^ Devi, Gayatri (27 January 2024). "Spinning a Success Story". Free Press Journal.
- ^ 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
- ^ 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.
- ^ a b "8 Indian women who made it to Forbes' Asia Power Businesswomen 2016 list". Business Today. 2016-04-07. Retrieved 2024-07-10.
- ^ "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.
- ^ Jayaraj, Prajwal (2024-10-22). "Welspun Operations To Be Entirely Green By 2030: Dipali Goenka". NDTV Profit. Retrieved 2024-10-22.
- ^ 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.
- ^ Tripathi, Naandika. "Diversity Is Not Just About Women, It's About Embracing The Community: Dipali Goenka". Forbes India. Retrieved 2024-05-06.
- ^ 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.
- ^ "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.
- ^ Raghunathan, Anuradha (2019-11-29). "Fabric-ation? Welspun Crisis Takes Toll On Goenkas". Forbes India. Retrieved 2024-07-11.
- ^ a b "Dipali Goenka: Unstoppable Tycoon". Business Today. 2021-12-10. Retrieved 2024-07-10.
- ^ "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.
- ^ "Spinning A Success Story - Dipali Goenka". www.marwar.com. Retrieved 2024-07-10.
- ^ 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.
- ^ 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.
- ^ "Dipali Goenka's plans for Welspun Group". www.fortuneindia.com. 2021-06-06. Retrieved 2024-07-10.
- ^ "NDTV Appoints Former SEBI Chairman UK Sinha And Business Leader Dipali Goenka As Independent Directors". NDTV.com. Retrieved 2024-07-10.
- ^ "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.
- ^ Zachariah, Reeba; V K, Vipashana. "'Working empowers you, makes you confident': Dipali Goenka, MD, Welspun Retail - ET Retail". ETRetail.com. Retrieved 2024-07-10.
- ^ "Lawsuits against Welspun, Wal-Mart roil cotton industry". livemint.
- ^ Galani, Una. "India's Welspun is in a tangle of its own making". Reuters.
- ^ "Welspun India shares crash after US retailer ends contract". The Indian Express. 2016-08-24. Retrieved 2024-07-11.
- ^ www.ETRetail.com. "ETRetailCafe: Dipali Goenka on weaving Welspun Living's success story | ET Retail". ETRetail.com. Retrieved 2024-10-22.
- ^ Watch Welspun Living Navigates Retail Slump - Bloomberg, 2024-09-04, retrieved 2024-10-22
- ^ Singh, Yoshita. "Nita Ambani most powerful businesswoman in Asia". Rediff. Retrieved 2024-07-10.
- ^ "Dipali Goenka". CNBC. 2024-02-28. Retrieved 2024-05-06.
- ^ "Welspun Living Limited's CEO & MD, Dipali Goenka, Honored with CNBC's Changemaker Award". infashionbusiness.com. Retrieved 2024-10-22.