RPG Group

{{short description|Indian industrial conglomerate headquartered in Mumbai}} {{Distinguish|RP-Sanjiv Goenka Group}} {{advert|date=February 2020}} {{Use dmy dates|date=November 2020}}<!--WP:STRONGNAT--> {{Use Indian English|date=March 2019}} {{Infobox company | name = RPG Group | logo = RPG Group.svg | logo_size = | image = RPG House Worli.jpg | image_caption = RPG House, group headquarters, in Mumbai | type = Corporate group | founded = {{start date and age|1820}}, in Calcutta, India | founder = Rama Prasad Goenka<ref>{{cite web|url=https://timesofindia.indiatimes.com/city/kolkata/The-tycoon-who-kept-faith-in-Bengal/articleshow/19551868.cms|title=The tycoon who kept faith in Bengal|work=The Times of India|date=2013-04-15 |access-date=2020-05-14}}</ref> | location = RPG House, Annie Besant Road, Worli, Mumbai, India | key_people = Harsh Goenka (chairman) | industry = Conglomerate | products = {{Unbulleted list | Tyre | Infrastructure | Technology | Specialty }} | revenue = {{INRConvert|25500|c}}{{Sfnp|RPG|2019|p=55}} | revenue_year = 2018−19 | operating_income = {{INRConvert|2660|c}}{{Sfnp|RPG|2019|p=55}} | income_year = 2018−19 | net_income = {{INRConvert|1085|c}}{{Sfnp|RPG|2019|p=55}} | net_income_year = 2018−19 | assets = | equity = | num_employees = 30,000+ (2018){{citation needed|date=May 2019}} | subsidiaries = CEAT<br/>KEC International<br/>Zensar Technologies<br/>RPG Life Sciences<br/>Raychem RPG<br/>Harrisons Malayalam<br/>RPG Ventures | website = {{url|http://www.rpggroup.com/}} }}

The '''Rama Prasad Goenka Group''', commonly known as '''RPG Group''', is an Indian industrial and services conglomerate headquartered in Mumbai.<ref>{{cite web|url=http://www.topnews.in/rpg-group-spend-rs-160-crore-expansion-specialty-retail-business-252451 |title=RPG Group to spend Rs 160 crore on expansion of specialty retail business &#124; TopNews |publisher=Topnews.in |date=2010-05-07 |access-date=2010-07-27}}</ref> The roots of the RPG Group can be traced back to the enterprise of Ramdutt Goenka in 1820.<ref>{{cite web|url=https://timesofindia.indiatimes.com/city/kolkata/The-tycoon-who-kept-faith-in-Bengal/articleshow/19551868.cms|title=The tycoon who kept with in Bengal|work=The Times of India|date=2013-04-23 |access-date=2020-05-14}}</ref> RPG Enterprises was established in 1979 by Rama Prasad Goenka and initially comprised the Phillips Carbon Black, Asian Cables, Agarpara Jute, and Murphy India companies. R. P. Goenka held the title of Chairman Emeritus until his death in 2013. The present chairman is Harsh Goenka, R. P. Goenka's eldest son.<ref>{{cite web|url=http://www.rpggroup.com/history.html|title=RPG Enterprises - History|first=The Neon|last=Tree|website=RPG Group}}</ref>

The RPG Group currently consists of more than fifteen companies, mainly infrastructure, tires, and life sciences.<ref>{{cite web |url=http://www.rpggroup.com/about_rpg/overview/overview.aspx |title=Welcome to RPG - Overview |access-date=2015-06-19 |url-status=dead |archive-url=https://web.archive.org/web/20150617164139/http://www.rpggroup.com/about_rpg/overview/overview.aspx |archive-date=17 June 2015}}</ref> Some of the companies it holds are CEAT Tyres, information technology firm Zensar Technologies, infrastructure company KEC International, pharmaceutical company RPG Life Sciences, a 50/50 joint-venture with TE Connectivity for Raychem RPG, plantation company Harrisons Malayalam, and e-commerce company Seniority. <!--The group recorded a turnover of INR 39250 crore (INR 160&nbsp;billion, approximately US$3&nbsp;billion) for fiscal year 2012. Unable to verify. www.news.com by itself is not a cite. See note in infobox above.-->

==Group companies== The conglomerate's major companies, subsidiaries and affiliates are divided among the following 4 sectors.<ref>{{cite web|url=http://www.rpggroup.com/contact.html |title=RPG Contact Us |publisher=Rpggroup.com |access-date=2010-07-27}}</ref>

===Tyres===

====CEAT==== {{main| CEAT (company)}} CEAT is the flagship company of RPG Enterprises, with an annual turnover of {{INRConvert|7,573|c|lk=|year=2018}} in the financial year 2020-21.<ref>{{Cite web|title=CEAT Annual Report|url=https://www.ceat.com/content/dam/ceat/pdf/Annual_Reports/Ceat-Limited-Integrated-Annual-Report-FY21.pdf|access-date=2021-11-16|website=www.ceat.com}}</ref><ref>{{cite web|url=http://www.rpggroup.com/our_business/tyres/ceattyre.aspx|title=RPG Enterprises - Tyres - Infrastructure - Information Technology - Plantations - Energy - Pharmaceuticals - RPG Ventures|first=The Neon|last=Tree|website=RPG Group}}</ref> It is the largest exporter of tyres in India,<ref>{{cite web|url=http://indiatransportportal.com/2012/01/focus-on-ceat/|title=Page not found – India Transport Portal|website=indiatransportportal.com|access-date=22 March 2013|archive-url=https://web.archive.org/web/20120213020304/http://indiatransportportal.com/2012/01/focus-on-ceat/|archive-date=13 February 2012|url-status=usurped}}</ref> exporting to over 100 countries.<ref>{{cite web|url=http://www.thehindubusinessline.com/companies/ceat-sees-new-markets-driving-export-revenues-50-this-fiscal/article2549239.ece|title=Ceat sees new markets driving export revenues 50% this fiscal}}</ref> The company is headquartered in Mumbai. It has manufacturing plants in Bhandup and Ambernath in Mumbai, Nashik, and Halol (near Baroda).

====CEAT Sri Lanka==== Entering the Sri Lankan market in 1992, CEAT India formed a joint venture with AMW, and subsequently a three-way venture with Kelani Tyres in 1999, to manufacture and market CEAT tyres in Sri Lanka. This venture resulted in the creation of CEAT Kelani Associated Holdings, formerly Kelani Tyres, which is today the largest domestic tyre manufacturer in Sri Lanka. The exit of AMW in 2009, resulted in a joint venture between CEAT Kelani Holdings and CEAT India. Commencing operations with one plant in Kalutara, the company today has three plants, including a radial plant constructed in 2006.<ref name="businesstoday.lk">{{cite web|date=2019-06-27|title=CEAT Kelani's Truck Bus Radials enter market|url=https://www.lankabusinessonline.com/ceat-kelanis-truck-bus-radials-enter-market|website=lankabusinessonline.com|publisher=Lanka Business Online}}</ref> CEAT Kelani is the single largest brand in the radial tyre segment in Sri Lanka, with a 33 percent market share.<ref name="businesstoday.lk" />

==== CEAT Bangladesh ==== In 2017, the conglomerate entered into a joint-venture with Bangladeshi group, A K Khan & Company, to set up a plant in Bhaluka, Mymensingh with an initial investment of US$67 million.<ref>{{Cite web|url=https://www.tyrepress.com/2017/02/ceat-bangladesh-project-confirmed/|title=Ceat Bangladesh project confirmed|date=2017-02-17|website=Tyrepress|language=en-GB|access-date=2019-02-03}}</ref> CEAT obtained a 70% stake in this joint-venture.<ref>{{Cite web|url=https://tiresandparts.net/news/tires/ceat-confirms-planned-jv-new-factory-bangladesh/|title=Ceat Confirms Planned JV for New Factory in Bangladesh|last=Mathew|first=Manju|website=Tires & Parts News|language=en-US|access-date=2019-02-03}}</ref>

===Infrastructure===

====KEC International==== {{main|KEC International}}

KEC is a power transmission engineering-procurement-construction (EPC) company,<ref name="indiainfoline.com">{{Cite web |url=http://www.indiainfoline.com/Markets/Company/Background/Company-Profile/K-E-C-International-Ltd/532714 |title=K e C International Ltd Background details about Company Profile - Indiainfoline.com |access-date=22 March 2013 |archive-url=https://web.archive.org/web/20130619022119/http://www.indiainfoline.com/Markets/Company/Background/Company-Profile/K-E-C-International-Ltd/532714 |archive-date=19 June 2013 |url-status=dead}}</ref> recording a turnover of {{INRConvert|13,114|c|lk=|year=2018}} in the financial year 2020–21.<ref>{{Cite web|title=KEC International Annual Report|url=https://www.kecrpg.com/KEC%20data/Investor%20relations/Yearly%20reports/KEC%20Annual%20Report%202020-21.pdf|access-date=2021-11-16|website=www.kecrpg.com}}</ref> The company has developed power infrastructure in over 70 countries across South Asia, the Middle East and North Africa (MENA), Africa, Central Asia, and the Americas. While power transmission is its largest vertical, the company also has a presence in railways, civil, urban infrastructure, solar infrastructure, and oil and gas cross-country pipelines.<ref>{{cite web|url=http://www.kecrpg.com/company |title=KEC International Limited - About Us - Company |publisher=Kecrpg.com |access-date=2018-09-28}}</ref>

==== SAE Towers ==== In April 2010, KEC International set up the world's largest tower testing station at Butibori, in Nagpur.<ref>{{cite web |url=http://www.projectsinfo.in/Newslist.aspx?nid=gCt1tFZL+jdXmYhAXbmUww== |title=World's largest tower testing station at Nagpur-Projects Info |website=www.projectsinfo.in |access-date=3 February 2022 |archive-url=https://archive.today/20130412230033/http://www.projectsinfo.in/Newslist.aspx?nid=gCt1tFZL+jdXmYhAXbmUww== |archive-date=12 April 2013 |url-status=dead}}</ref> In September 2010, KEC International acquired Houston-based SAE Towers, a group of operating companies incorporated in the United States, Mexico, and Brazil, consolidated through SAE Towers Holdings, LLC. This acquisition created the second largest steel-lattice tower manufacturer in the world with approximately 1,02,000 MT of annual production capacity. The company also executes EPC works for several transmission lines in the region.

===Information technology===

====Zensar Technologies==== {{main|Zensar Technologies}}

Zensar Technologies is an information technology services and outsourcing company headquartered in Pune, India. It offers information technology (IT) and BPO products and services.<ref>{{Cite web|url=https://www.fortuneindia.com/enterprise/zensar-sells-divests-non-core-businesses/102884|title=Zensar Technologies divests non-core businesses|website=fortuneindia.com|language=en|access-date=2019-01-28}}</ref> The company has software development centers at Pune, Hyderabad, and Bangalore in India; Gdańsk, Poland; and the Middle East.

===Specialty=== ====Raychem RPG==== Raychem RPG Limited is a 50:50 joint venture between RPG and US group TE Connectivity (formerly Tyco Electronics). It manufactures cable accessories and connector systems for the power sector.<ref>{{cite web|url=https://www.business-standard.com/article/companies/raychem-rpg-to-now-sponsor-its-halol-workers-education-113032100477_1.html|title=Raychem RPG to now sponsor its Halol workers' education|last=Umarji|first=Vinay|date=21 March 2013|work=Business Standard}}</ref>

====RPG Life Sciences==== {{main|RPG Life Sciences}}

RPG Life Sciences (RPGLS) is an Indian pharmaceutical company, formerly known as Searle (India) Ltd. It is engaged in manufacturing and marketing of bulk drugs, also known as API (Active Pharmaceutical Ingredients), pharmaceutical formulation and fermentation & biotechnology.<ref>{{cite web|url=https://economictimes.indiatimes.com/|title=Business News Live, Share Market News - Read Latest Finance News, IPO, Mutual Funds News|website=The Economic Times}}</ref>

====Harrisons Malayalam==== {{main|Harrisons Malayalam}} Harrisons Malayalam is an agricultural business corporation. It cultivates between 14'000 ha – 26'000 ha (information varies) of its own land and processes products from other farmlands in its neighbourhood.<ref>{{cite web|url=https://www.thehindu.com/news/cities/Thiruvananthapuram/forgery-case-filed-against-harrisons-malayalam-staff/article5307999.ece|title=Forgery case filed against Harrisons Malayalam staff|date=2 November 2013|work=The Hindu}}</ref> In addition to banana, cardamom, cocoa, coffee, coconut, pepper, and vanilla, its primary products are rubber, tea, and pineapple. Harrisons Malayalam is the largest producer of pineapples in India,<ref>{{cite web |url=http://www.rpggroup.com/our_business/speciality/harrsio_malayalam.aspx |title=Welcome to RPG - Harrison Malayalam Ltd |access-date=2015-06-19 |url-status=dead |archive-url=https://web.archive.org/web/20150617122548/http://www.rpggroup.com/our_business/speciality/harrsio_malayalam.aspx |archive-date=17 June 2015}}</ref> and the largest producer of tea in South India.<ref name="newindianexpress.com">{{cite web|url=http://www.newindianexpress.com/cities/kochi/We-are-Being-Victimised-Alleges-Harrisonss-Malayalam-Limited/2015/02/18/article2673758.ece|title=We are Being Victimised, Alleges Harrisons Malayalam Limited}}{{dead link|date=February 2024|bot=medic}}{{cbignore|bot=medic}}</ref> It employs around 13,000 people in rural Kerala.<ref name="newindianexpress.com"/>

=== Venture capital ===

==== RPG Ventures ==== It is the venture capital arm of the RPG Group, which invests in startups.<ref>{{Cite web|url=https://www.livemint.com/Companies/DUZC5m85v0huvW8ZRnGLHP/RPG-Venturesbacked-Seniority-looks-to-raise-funding-to-scal.html|title=Seniority looks to raise funding to scale up business|last=Dhanjal|first=Swaraj Singh|date=2018-12-27|website=livemint|language=en|access-date=2019-02-03}}</ref><ref>{{Cite web|url=https://inc42.com/buzz/shieldsquare-bot-mitigation-endiya-rpg-ventures|title=RPG Ventures, Endiya Back Bot Mitigation Startup ShieldSquare|date=2017-10-26|website=Inc42 Media|language=en-US|access-date=2019-02-03}}</ref><ref>{{Cite web|url=https://timesofindia.indiatimes.com/trend-tracking/old-biz-new-startups-ideas/articleshow/62961481.cms|title=Old businesses tap startups for new ideas - Times of India|website=The Times of India|access-date=2019-02-03}}</ref><ref>{{Cite web|url=https://inc42.com/buzz/rpg-group-seniority-senior-citizens|title=RPG Group Invests $1 Mn in Senior Citizens Ecommerce Portal - Seniority|last=aparnamishra.06|date=2017-09-07|website=Inc42 Media|language=en-US|access-date=2019-02-03}}</ref><ref>{{Cite web|url=https://www.vccircle.com/rpg-ventures-backs-e-pharmacy-startup-medsonway-with-600k|title=RPG Ventures backs e-pharmacy startup Medsonway with $600K|date=2017-11-06|website=VCCircle|language=en-US|access-date=2019-02-03}}</ref>

==References== {{Reflist}} {{Refbegin}} * {{cite report |author=RPG|date=2019 |url=https://www.rpggroup.com/assets/newsletters/grouppresentation/RPG-AIC-2019-Opening-Presentation.pdf |title=Annual Investor Conference 2019 |archive-url=https://web.archive.org/web/20200120201542/https://www.rpggroup.com/assets/newsletters/grouppresentation/RPG-AIC-2019-Opening-Presentation.pdf|archive-date=2020-01-20 |publisher=RPG|access-date=2020-01-20|url-status=live}} {{Refend}}

== Further reading == * {{cite book|title=Organizational Culture and Performance|author=R. K. Dwivedi|year=1995|publisher=M.D. Publications Pvt. Ltd|isbn=81-85880-59-X|page=20}}

{{RPG Group}}

{{DEFAULTSORT:RPG Group}} Category:RPG Group Category:Companies based in Mumbai Category:Privately held companies of India Category:Conglomerate companies established in 1979 Category:Multinational companies headquartered in India Category:Manufacturing companies established in 1979 Category:Indian companies established in 1979 Category:1979 establishments in Maharashtra Category:Goenka family Category:Companies established in 1820 Category:Family-owned companies of India