Dipali Goenka: Striving Relentlessly

Despite wavering demand, Welspun has grown both its established and emerging businesses and remains invested in growing sustainably.

Numbers indicate a fall in wallet share for home textiles but Welspun India remains resolute in its vision to clock $2 billion in revenues. The company is steady in its current billion-dollar position with several aspects contributing to it. In the last year, at the helm of the company, Welspun India CEO and Joint Managing Director, Dipali Goenka ensured that Welspun’s emerging businesses such as advanced textiles, flooring and domestic consumers’ business, all become stronger, increasing their contribution to the top line.

The company’s international business, something that Goenka has remained focussed on, continues to do well in markets such as the US and with Welspun’s Disney license in place, the UK and Europe are poised to turn into growth avenues too. The company’s licensed brands have grown, Spaces by Welspun has grown at 50 per cent and is the highest distributed brand in the country. As India remains the bright light for the domestic consumer’s business, this is another area she is bullish on.

Despite the challenges of the last year, Goenka has relentlessly focussed on customer centricity, innovation and sustainability.

The company is investing Rs 200 crore in green energy, a plan that is to take shape this year, to mitigate risk and grow the business sustainably. Continuing her initiatives on women’s empowerment, she has undertaken significant steps to promote skill and entrepreneurship development in local communities, an aspect that has consistently remained on her radar.