RP-Sanjiv Goenka Group

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RP-Sanjiv Goenka Group
Company type Private
Industry Conglomerate
Founded13 July 2011;13 years ago (2011-07-13)
Founder Sanjiv Goenka
Headquarters Kolkata, West Bengal, India
Area served
India, Bangladesh
Key people
Sanjiv Goenka (Chairman)
Products
RevenueIncrease2.svg26,634 crore (US$3.2 billion) (2021) [1]
Increase2.svg524 crore (US$63 million) (2020) [1]
Total assets Increase2.svg62,615 crore (US$7.5 billion) (2024) [1]
Number of employees
44,500 (2020) [2]
Subsidiaries CESC Limited
Phillips Carbon Black Limited
Mohun Bagan Super Giant (80%)
Lucknow Super Giants
Open (Indian magazine)
Spencer's Retail
Nature's Basket
Firstsource Solutions Limited
Saregama
Quest Mall
Harrisons Malayalam
International Management Institute
International Management Institute
Durban's Super Giants
Website www.rpsg.in

RP-Sanjiv Goenka Group (also known as RPSG Group) is an Indian multinational conglomerate headquartered in Kolkata. The founding was the result of a divesture by RPG Enterprises in 2011. The Group's businesses include power and energy, carbon black manufacturing, retail, IT-enabled services, FMCG, media and entertainment, infrastructure and education. [3]

Contents

History

Rama Prasad Goenka established RPG Enterprises in 1979 with Phillips Carbon Black, Asian Cables, Agarpara Jute, and Murphy India as the constituents. [4]

In 1981, the group acquired CEAT Tyres India. [5] KEC International was acquired in 1982. [6] In 1986, it acquired the music company 'Gramophone Company of India Ltd', now known as Saregama. [7] Harrisons Malayalam, the tea and rubber plantations was acquired in 1988. In the following year, Calcutta Electric Supply Corporation (CESC Limited), Raychem Technologies, and Spencer's were acquired. [8]

In 1993, Noida Power Company Limited (NPCL) was formed as a JV between the group and Greater Noida Industrial Development Authority, to distribute power in the Greater Noida region. [9] In 2009, the Group entered into media with the launch of Open Magazine, a weekly current affairs and features magazine. [10]

In 2010, the Group's businesses were divided between Rama Prasad Goenka's sons, Harsh Goenka and Sanjiv Goenka. RP-Sanjiv Goenka Group was founded on 13 July 2011, with Sanjiv Goenka as its chairman. [3]

Businesses

Power

Information technology

Media and entertainment

Consumer and retail

Education and infrastructure

Sports

Plantation

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References

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