Mumbai, Maharashtra, India
Dipali Goenka CEO & Jt. MD, Welspun India Ltd., has made a powerful entry into the Forbes Asia’s 50 Power Businesswomen List at the 16th position. The list showcases a year of accomplishments by the region’s female entrepreneurs, recognizing the inroads women are making in the business world.
Positioned at no. 4 amongst the Indian women featured on the list, Dipali Goenka has consistently worked on developing the culture of excellence and innovation within the organization. By putting the customer as the focal point of the business, she has transformed Welspun into an innovation led company that addresses consumer needs through superior products and services. By developing international brands and patents like Christy, Kingsley, and Hygrocotton in Welspun’s portfolio, she has been pivotal in putting Welspun on the global map.
Under Dipali’s astute leadership, Welspun India Ltd. has become the largest exporter of home fashion products and the largest in the terry towel business globally. Welspun is the leading supplier to 14 of the top 30 global retailers in the world and has been recognized as the largest Home Textile supplier in the US for the fourth consecutive year in a row.
According to Forbes, “Five years ago, when Goenka took charge of home textiles maker Welspun India (part of her family’s $3 billion in revenue Welspun Group), the buzz in the male-dominated industry, she recalls, was: “Welspun has lost its mind.” Goenka has doubled down to disprove that. Revenue and earnings are up several fold, with net profit of $81 million on revenue of $790 million in the year ended Mar. 2015. Welspun India’s soaring market cap—recently at $1.6 billion—has helped propel the Goenkas back into the ranks of the country’s richest. Welspun is among the top 3 home textile (towels and bed sheets) firms in the world, and is the official supplier of towels to the Wimbledon and Australian Open tennis championships.”
Dipali Goenka, CEO & Jt MD, Welspun India Ltd. said, “It is an honour to be a part of the Forbes Asia’s Power Businesswomen List. It is indeed humbling and encourages me to press on further and continue to do things that I so dearly love. Congratulations to all the other women on the list – we can together make a difference.”
Dipali Goenka is a ‘CEO with a soul’ and a passionate philanthropist, who tirelessly works for the cause of education, empowerment and environment and health
About Welspun India:
Welspun India Ltd. is the world’s leading home textile manufacturer and supplier and is the largest in the terry towel business globally. The company has state-of-the-art manufacturing facilities in India. Welspun India Ltd. has been ranked number 1 among the ‘Top 15 Home Suppliers Giants to USA’ for the last four years by Home & Textiles Today, the leading magazine for home textiles. Today, Welspun India’s home textile products go to over 50 countries and are sold by renowned global retailers like Walmart, J C Penny, Macy’s amongst many. Welspun is also the proud supplier of towels to the prestigious sports tournaments like The Wimbledon Championship, 2015 Rugby World Cup, and ICC World Twenty20 India 2016. In fact, every 5th towel sold in US is manufactured by Welspun.