This Indian Company Provides Towels For Nadal, Djokovic In Wimbledon; Turnover Rs 9,400 Crore
Although there are numerous towel producers worldwide, an Indian corporation known as Welspun Group has the distinction of being the official towel supplier for the prestigious Wimbledon tournament. Welspun Group is a rapidly expanding conglomerate in India, involved in various industries such as Line Pipes, Home Textile Products, Infrastructure, Warehousing, Steel, Oil & Gas, Advanced textiles, and Flooring solutions. The company has established a business presence in more than 50 countries and boasts a workforce of over 26,000 individuals dedicated to their home textile business in India.
Dipali Goenka is at the helm of the company, serving as both CEO and MD. Back in 2006, the company made a significant acquisition, taking over the established Christy group located in the United Kingdom. With a remarkable deal worth 100 million Indian rupees, Dipali Goenka successfully purchased Christy, a long-standing provider of towels for the prestigious Wimbledon tournament for more than 170 years. It's worth noting that Welspun India products enjoy a tremendous demand in the United States, as the country stands as one of the leading importers of their offerings.
Dipali Goenka, a former student at Harvard University, is widely recognized for her philanthropic endeavors and tireless commitment to promoting fair and inclusive growth. Welspun, in line with Dipali's core values, aims to create Corporate Social Value by focusing on Education, Empowerment, and the Environment & Health sectors, which are known as the 3Es of Welspun.
Dipali Goenka received acknowledgment as the 16th most influential woman in Asia and the 4th most powerful woman in India as per Forbes magazine's rankings in 2016. Furthermore, she served as the co-chair of the World Economic Forum on India in 2017 and was invited as a speaker for the Inspire series at the Harvard India conference in 2018.
The manufacturing process of towels specifically tailored for Wimbledon is an activity that occurs during a specific time of the year. The Chief Executive Officer anticipates that the brand will surpass the sale of 200,000 units this year, as compared to the 110,000 units sold in 2022, consequently extending the brand's influence to the United States.
Since Dipali Goenka became the leader of Welspun India, the company has achieved great success and has developed a more comprehensive perspective. Goenka has made it a priority to increase the number of women working at Welspun, and thanks to her efforts, the percentage of female employees has risen from 7% to 23%. Dipali Goenka is a highly esteemed entrepreneur and has received recognition for her achievements, including being listed as the 16th most powerful businesswoman in Forbes Asia's 50 Power Businesswomen list and the 4th in India. Currently, Welspun India has an annual turnover of approximately Rs 9,400 crore.
