Welspun World CEO Dipali Goenka Garners CNBC Changemaker Award

INDIA: Dipali Goenka, CEO & MD of Welspun Living Limited, has been bestowed with the prestigious CNBC Changemaker Award, a global accolade celebrating women leaders who exhibit exceptional success in their respective fields. This inaugural award recognizes individuals who pioneer innovative approaches to longstanding business challenges and capitalize on emerging market opportunities.

Under Dipali Goenka’s visionary stewardship, Welspun Living has not only achieved unprecedented success in the textile industry but has also spearheaded initiatives advocating for women’s leadership and empowerment. Goenka’s strategic acumen and unwavering commitment to excellence have propelled Welspun to make significant contributions to the economy and the business world.

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The CNBC Changemakers list for 2024 shines a spotlight on a diverse group of women who have defied conventional norms, driven innovation, and thrived amidst a dynamic business landscape. Ranging from trailblazing startup founders to impactful C-suite executives, these changemakers have set new benchmarks and paved the way for future leaders. The CNBC Changemaker global award underscores the remarkable accomplishments of both well-known and unsung women leaders, emphasizing their profound impact on the economy and the business ecosystem.

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Upon receiving the award, Dipali Goenka expressed her gratitude and articulated her vision: “This recognition signifies not only a personal milestone but also a testament to the collective efforts of every woman striving to make a difference in the business world. At Welspun, we are committed to empowering women to realize their full potential, and this award reaffirms our dedication to fostering a more inclusive and equitable industry. Together, we can break barriers and drive change towards sustainable, inclusive, and equitable gender parity.”

Dipali Goenka’s Noteworthy Achievements: Innovation, Sustainability, and Gender Parity

As companies worldwide seek to diversify their supply chains post-Covid, India emerges as a pivotal player in new strategic initiatives. This positions Welspun Living, an India-based home textiles giant specializing in bed, bath, and flooring products, to capitalize on emerging opportunities. Dipali Goenka’s leadership has been instrumental for Welspun Living, whose products are retailed by major brands such as Walmart, Ikea, Costco, and others, along with collaborations with renowned hotel chains.

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With 25 years of business expertise and a Harvard education, Goenka has guided Welspun to become one of the world’s largest home textile businesses, operating in over 50 countries. Despite challenges posed by the Covid-induced slowdown in the home furnishings market, Welspun achieved remarkable financial milestones in its fiscal 2023, boasting $1 billion in revenue and $110 million in EBITDA.

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On LinkedIn, Goenka conveyed her appreciation after being recognized on the inaugural CNBC Changemakers list. Through her post, she emphasized the exceptional accomplishments of the women honored, noting their role in setting standards for overcoming challenges, introducing innovations, and excelling in a challenging business landscape. Goenka modestly acknowledged her inclusion among these remarkable changemakers, underscoring her dedication to fostering positive transformation within the industry.

Under Goenka’s leadership, Welspun Living has forged new partnerships to expand its market presence in the home furnishings sector. Collaborations with Martha Stewart and Disney underscore Welspun’s commitment to innovation and market diversification.

Welspun Living Ltd (WLL), a part of the $5 billion Welspun World conglomerate, stands as a global leader in home textiles. With a distribution network spanning over 50 countries and world-class manufacturing facilities in India, Welspun is a strategic partner for top global retailers. WLL’s differentiation strategy, anchored in branding, innovation, and sustainability, underscores its commitment to excellence in the industry.

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  • Sahra Ardah

    International artist, art director and producer. Covering human stories and trending topics.
    She has a PhD in History of Art (2009), and Journalism Master Honors (2009-2011).

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