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Indian businesswoman From Wikipedia, the free encyclopedia
Dipali Goenka is an Indian businesswoman, currently serving as the CEO and MD of Welspun Living, a textile company in Mumbai.[6][7]
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Dipali Goenka | |
|---|---|
Dipali Goenka in 2017 | |
| Born | October 13, 1969[1] |
| Nationality | Indian |
| Alma mater | Harvard University |
| Occupation | Businesswoman |
| Title | CEO & MD, Welspun Living[2] |
| Spouse | Balkrishan Goenka[3] |
| Children | 2[4][5] |
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]
Dipali 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]
In 2002, Dipali 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 graduated from 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 serves as the 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]
She married BK Goenka, co-founder and chairman of the Welspun World, in 1987. The couple has two daughters, Radhika[15] and Vanshika.[26]
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]
She is frequently featured on business news channels like The Economic Times and Bloomberg.[30][31]
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