{{short description|Indian multinational conglomerate}} {{Redirect|RPSG Group|the erstwhile parent group|RPG Group}} {{Distinguish|RPG Group}} {{Use dmy dates|date=April 2020}} {{Use Indian English|date=March 2019}} {{Tone|date=January 2022}} {{Infobox company | name = RP-Sanjiv Goenka Group | logo = RP-Sanjiv Goenka Group logo.svg | logo_size = 300px | image = Victoria House (14838948292).jpg | image_caption = Victoria House, group's headquarters in Kolkata | type = Private | foundation = {{Start date and age|df=yes|2011|7|13}} | founder = Sanjiv Goenka | location = Kolkata, West Bengal, India | area_served = India, Bangladesh | key_people = Sanjiv Goenka (Chairman) | industry = Conglomerate | products = {{hlist|Electric utility|Retailing|IT Services|Media|Sports|Education}} | revenue = {{profit}} {{INRConvert|26634|c}} (2021)<ref name=2020FY>{{cite web|url=https://www.rpsg.in/investors|title=Investors}}</ref> | operating_income = {{profit}} {{INRConvert|524|c}} (2020)<ref name=2020FY/> | assets = {{profit}} {{INRConvert|62615|c}} (2024)<ref name=2020FY/> | equity = | num_employees = 44,500 (2020)<ref>{{cite web|url=https://www.rpsg.in|title=About us}}</ref> | subsid = CESC Limited<br/>Phillips Carbon Black Limited<br/>Mohun Bagan Super Giant (80%)<br/>Lucknow Super Giants<br/>Open (Indian magazine)<br/>Spencer's Retail<br/>Nature's Basket<br/>Firstsource Solutions Limited<br/>Saregama<br/>Quest Mall<br/>Harrisons Malayalam<br/>International Management Institute<br/>International Management Institute<br/>Durban's Super Giants<br/>Manchester Super Giants (70%) | homepage = {{URL|http://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 divestiture 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.<ref name=":0" />
==History==
Rama Prasad Goenka established RPG Enterprises in 1979 with Phillips Carbon Black, Asian Cables, Agarpara Jute, and Murphy India as the constituents.<ref>{{Cite web|title=About Us - 1979|url=https://www.rpsg.in/about-us#1979|archive-url=|archive-date=|access-date=|website=RP-Sanjiv Goenka Group}}</ref>
In 1981, the group acquired CEAT Tyres India.<ref>{{Cite web|title=CEAT: Reports, Company History, Directors Report, Chairman's Speech, Auditors Report of CEAT - NDTVProfit.com|url=https://www.ndtv.com/business/stock/ceat-ltd_ceatltd/reports|access-date=2020-11-22|website=www.ndtv.com}}</ref> KEC International was acquired in 1982.<ref>{{Cite web|title=About Us - Early 1980s|url=https://www.rpsg.in/about-us#E1980s|archive-url=|archive-date=|access-date=|website=RP-Sanjiv Goenka Group}}</ref> In 1986, it acquired the music company 'Gramophone Company of India Ltd', now known as Saregama.<ref>{{Cite web|title=About US - Mid 1980s|url=https://www.rpsg.in/about-us#M1980s|archive-url=|archive-date=|access-date=|website=RP-Sanjiv Goenka Group}}</ref> 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.<ref>{{Cite web|title=About Us - 1980s|url=https://www.rpsg.in/about-us#L1980s|archive-url=|archive-date=|access-date=|website=RP-Sanjiv Goenka Group}}</ref>
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.<ref>{{Cite web|date=|title=About Us - 1990s|url=https://www.rpsg.in/about-us#1990s|archive-url=|archive-date=|access-date=|website=RP-Sanjiv Goenka Group}}</ref> In 2009, the Group entered into media with the launch of Open Magazine, a weekly current affairs and features magazine.<ref name=":1">{{Cite web|title=Sanjiv Goenka's Bold Strokes Put RP-SG Group On Solid Ground|url=https://www.forbesindia.com/article/enter-prise-east/sanjiv-goenkas-bold-strokes-put-rpsg-group-on-solid-ground/47507/1|access-date=2020-11-22|website=Forbes India|language=en}}</ref>
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.<ref name=":0">{{Cite web|last=Layak|first=Suman|date=21 April 2019|title=How Sanjiv Goenka transformed RPSG group into a conglomerate with diverse revenue streams|url=https://economictimes.indiatimes.com/industry/cons-products/fmcg/how-sanjiv-goenka-transformed-rpsg-group-into-a-conglomerate-with-diverse-revenue-streams/articleshow/68969527.cms?from=desktop&_ga=2.29985983.1083822452.1604923013-1354650746.1584428870|archive-url=|archive-date=|access-date=|website=Economic Times}}</ref>
==Businesses== === Manufacturer === *PCBL Chemical Ltd. Is India's largest carbon black manufacturer and a top global player, established in 1960. It produces rubber black and specialty blacks for tires, plastics, and paints..
=== Power ===
* '''CESC Limited:''' CESC Limited is engaged in the generation and distribution of electricity in Kolkata and Howrah, West Bengal.<ref>{{Cite web |title=CESC.NS - CESC Ltd Profile |url=https://www.reuters.com/markets/companies/CESC.NS |access-date=2020-11-22 |website=Reuters |language=en}}</ref> * '''Haldia Energy Limited:''' A subsidiary of CESC, HEL operates two 300 MW coal based thermal power plants at Haldia in West Bengal.<ref>{{Cite news|last=Basak|first=Probal|date=2014-11-14|title=CESC to commission its 600 MW Haldia plant in December|work=Business Standard India|url=https://www.business-standard.com/article/companies/cesc-to-commission-its-600-mw-haldia-plant-in-december-114111301264_1.html|access-date=2020-11-21}}</ref> * '''Dhariwal Infrastructure Limited:''' A subsidiary of CESC, DIL, operates two 300 MW coal based thermal power plants at Chandrapur in Maharashtra.<ref>{{Cite web|last=Moitra|first=Sumit|date=2014-07-31|title=CESC appoints BCG to decide on power sector push|url=https://www.dnaindia.com/business/report-cesc-appoints-bcg-to-decide-on-power-sector-push-2006672|access-date=2020-11-21|website=DNA India|language=en}}</ref> * '''Noida Power Company Limited:''' NPCL is a joint venture between RPSG Group and Greater Noida Industrial Development Authority that distribute power in the Greater Noida region.<ref>{{Cite web|title=Noida Power Company Limited (NPCL) {{!}} Businesses|url=https://www.rpsg.in/business/npcl|access-date=2020-12-09|website=www.rpsg.in}}</ref> * '''Integrated Coal Mining Ltd:''' ICML was formed by CESC to mine coal from the Sarisatolli coal block in Ranigunj, West Bengal, for captive supply of coal to its companies.<ref>{{Cite web|title=Integrated Coal Mining LTD Information - Integrated Coal Mining LTD Company Profile, Integrated Coal Mining LTD News on The Economic Times|url=https://economictimes.indiatimes.com/company/|access-date=2020-11-21|website=The Economic Times}}</ref> * '''Crescent Power Limited:''' CPL operates a coal washery and a thermal plant near Asansol in West Bengal.<ref>{{Cite web|title=CESC switches on Crescent for Asansol plant|url=https://www.telegraphindia.com/business/cesc-switches-on-crescent-for-asansol-plant/cid/661771|access-date=2020-12-09|website=www.telegraphindia.com}}</ref> * '''Surya Vidyut Limited:''' The renewable energy business of the Group consists of 156 MW of wind power and 27 MW of solar power.<ref>{{Cite web|title=Renewables Business {{!}} Businesses|url=https://www.rpsg.in/business/rb|access-date=2020-12-09|website=www.rpsg.in}}</ref>
=== Information technology ===
* '''Firstsource:''' Firstsource Solutions Limited is a provider of business process management services.<ref>{{Cite web |title=FISO.NS - Firstsource Solutions Ltd Profile |url=https://www.reuters.com/markets/companies/CESC.NS |access-date=2020-11-22 |website=Reuters |language=en}}</ref>
=== Media and entertainment ===
* '''Saregama India Ltd:''' It is India's oldest music label and sells a retro-styled digital music player called Carvaan<ref name="AutoND-2">{{Cite news|date=2017-06-14|title=How data is helping India's oldest music company Saregama revive its fortunes {{!}} FactorDaily|language=en-US|work=FactorDaily|url=https://factordaily.com/carvaan-saregama-data-music-radio/|access-date=2018-03-23|archive-date=29 May 2023|archive-url=https://web.archive.org/web/20230529033124/https://factordaily.com/carvaan-saregama-data-music-radio/|url-status=dead}}</ref> Apart from music, Saregama also produces films under the brand name Yoodlee Films and television content.<ref name="AutoND-3">{{Cite news|date=2017-11-21|title=SaReGaMa's production house Yoodlee Film's to release BrijMohan Amar Rahe on 1st December 2017|work=International Business Times|url=http://www.ibtimes.co.in/photos/saregamas-production-house-yoodlee-films-release-brijmohan-amar-rahe-1st-december-2017-14197-slide-77755|access-date=2018-03-23}}</ref> * '''Open:''' Open is a weekly current affairs and features magazine and the flagship brand of Open Media Network, the media venture of the group.<ref name=":1" /> * '''Fortune India:''' The group tied up with Fortune Media Group to publish the business magazine ''Fortune'' in India, which was earlier published by the ABP Group.<ref>{{Cite web|last=Jha|first=Lata|date=2020-07-03|title=RP-Sanjiv Goenka Group and Fortune Media Group to publish Fortune India|url=https://www.livemint.com/industry/media/rp-sanjiv-goenka-group-and-fortune-media-group-to-publish-fortune-india-11593757125760.html|access-date=2020-12-09|website=mint|language=en}}</ref> * '''Editorji:''' Launched in 2018, Editorji is a digital news player.<ref>{{Cite web|last=Jha|first=Shuchi Bansal, Lata|date=2020-07-15|title=RP Sanjiv Goenka group acquires 51% stake in Editorji|url=https://www.livemint.com/industry/media/rp-sanjiv-goenka-group-acquires-51-stake-in-editorji-11594773029404.html|access-date=2020-12-09|website=mint|language=en}}</ref>
=== Consumer and retail ===
* '''Too Yumm! - Guiltfree Industries Ltd:''' It began selling low-calorie food and snacks in 2017.<ref>{{Cite web|title=Having established itself in the healthy snacking category, Too Yumm! to foray into kid's category soon|url=https://www.businessinsider.in/advertising/brands/article/having-established-itself-in-the-healthy-snacking-category-too-yumm-to-foray-into-kids-category-soon/articleshow/74172876.cms|access-date=2020-12-09|website=Business Insider}}</ref> * '''Evita - Apricot Foods Limited:''' Apricot Foods Limited, under the brand name Evita, provides traditional and western snacks and acquired by the RPSG Group in 2017.<ref>{{Cite web|date=2017-07-31|title=RP-Sanjiv Goenka Group picks up controlling stake in Apricot Foods|url=https://www.vccircle.com/rp-sanjiv-goenka-group-picks-up-controlling-stake-in-apricot-foods|access-date=2020-12-09|website=VCCircle|language=en-US}}</ref> * '''Spencer's Retail:''' Spencer's Retail is a multi-format retailer company.<ref>{{Cite web |title=SPEN.BO - Spencer's Retail Ltd Profile |url=https://www.reuters.com/markets/companies/SPEN.BO/ |access-date=2020-12-09 |website=Reuters |language=en}}</ref> * '''Nature's Basket:''' Nature's Basket is an Indian grocery retail store chain focused on gourmet food. It was acquired by Spencer's Retail Ltd in May 2019 from the Godrej Group.<ref>{{Cite web|title=Spencer's to buy Nature's Basket from Godrej for ₹300 cr in cash|url=https://www.thehindubusinessline.com/companies/spencers-retail-to-buy-natures-basket-for-300-crore/article27162401.ece|access-date=2020-12-09|website=@businessline|date=17 May 2019 |language=en}}</ref> * '''Dr. Vaidya's - Herbolab India Pvt Ltd:''' CESC Ventures, a part of RPSG Group, acquired a majority stake in Herbolab India Pvt Ltd, makers of ayurvedic medicines and products under the ‘''Dr Vaidya's''’ brand.<ref>{{Cite web|title=CESC Ventures to pick up majority stake in Herbolab|url=https://www.thehindubusinessline.com/companies/cesc-ventures-to-pick-up-majority-stake-in-herbolab/article27461315.ece|access-date=2020-12-09|website=@businessline|date=4 June 2019 |language=en}}</ref>
=== Education and infrastructure ===
* '''Quest Mall:''' Quest Mall was opened in 2013.<ref>{{Cite web|last=Ishita Ayan Dutt & Avishek Rakshit|date=20 January 2019|title=RP-Sanjiv Goenka group eyes turnover of Rs 40,000 crore in the next 5 years|url=https://www.business-standard.com/article/companies/rp-sanjiv-goenka-group-eyes-turnover-of-rs-40-000-crore-in-the-next-5-years-119012000721_1.html|archive-url=|archive-date=|access-date=|website=Business Standard}}</ref> * '''Woodlands Hospital:''' The group has at least 80% equity stake in Woodlands Medical Centre through a court-approved restructuring of debt and equity of the firm that runs it.<ref>{{Cite web|last=Paul|first=Aniek|date=2011-08-05|title=Sanjiv Goenka gets 80% stake in Kolkata hospital|url=https://www.livemint.com/Home-Page/9zbiumqFrpQlYPaf8tdRwI/Sanjiv-Goenka-gets-80-stake-in-Kolkata-hospital.html|access-date=2020-12-09|website=mint|language=en}}</ref>
=== Sports === * '''Mohun Bagan Super Giant:''' The Group’s first sports asset was ATK, a Kolkata-based football club that competed in the Indian Super League. In 2020, the Group acquired a majority stake in ''Mohun Bagan Athletic Club Private Limited'' and dissolved ATK. ATK Mohun Bagan continued in the Indian Super League.<ref>{{Cite web|title=Mohun Bagan merge with Goenka's ATK|url=https://www.telegraphindia.com/sports/mohun-bagan-merge-with-sanjiv-goenkas-atk/cid/1736491|access-date=2020-12-09|website=www.telegraphindia.com}}</ref> From the 2023–24 season, it was rebranded as Mohun Bagan Super Giant.<ref>{{Cite web |date=2023-03-18 |title=We are removing ATK, it will be Mohun Bagan Super Giants from next season: Sanjiv Goenka |url=https://indianexpress.com/article/sports/football/we-are-removing-atk-it-will-be-mohun-bagan-super-giants-from-next-season-sanjiv-goenka-after-isl-title-win-8505532/ |access-date=2023-03-18 |website=The Indian Express}}</ref>
* '''Lucknow Super Giants:''' An IPL franchise that began competing in the 2022 season.
* '''Durban's Super Giants:''' An SA20 franchise that has competed since the inaugural season.
* '''Manchester Super Giants:''' A franchise in The Hundred, a UK-based cricket league. The RPSG Group acquired a 70% stake in the team in 2025.<ref>{{Cite web |title=Sanjiv Goenka's RPSG Group win race for Manchester Originals stake |url=https://www.espncricinfo.com/story/sanjiv-goenka-rpsg-group-win-manchester-originals-stake-1471721 |archive-url=https://web.archive.org/web/20250509104359/https://www.espncricinfo.com/story/sanjiv-goenka-rpsg-group-win-manchester-originals-stake-1471721 |archive-date=2025-05-09 |access-date=2025-06-05 |website=ESPNcricinfo}}</ref>
'''Defunct Teams'''
'''RPSG Mavericks Kolkata:''' Now defunct, RPSG Mavericks Kolkata was one of the six city-based teams in the Ultimate Table Tennis league, India’s premier professional table-tennis competition.<ref name=":1" />
'''Rising Pune Supergiant''': Rising Pune Supergiant, is a defunct IPL team which played temporarily in the league, over a period of two years.
=== Plantation ===
* '''Harrisons Malayalam Limited:''' HML is a plantation company producing tea and rubber besides crops like pineapple, cardamom, pepper and other spices. It has 6 tea estates, 5 tea factories, 5 rubber estates and 3 rubber factories. When the group's businesses were divided between the two brothers, the assets of Harrisons Malayalam was "vertically split" and put under two separate management teams.<ref>{{Cite web|last=Datta|first=Aveek|date=2011-12-27|title=Goenkas split rest of RPG group|url=https://www.livemint.com/Home-Page/RnCjsjVissRim3biOq0vXK/Goenkas-split-rest-of-RPG-group.html|access-date=2020-11-22|website=mint|language=en}}</ref>
==References== {{Reflist}}
==External links== *{{official website|https://www.rpsg.in/}}
{{DEFAULTSORT:RPSG Group}} Category:Electric power companies of India Category:Companies based in Kolkata Category:Conglomerate companies of India Category:Multinational companies headquartered in India Category:Indian companies established in 2011 Category:Manufacturing companies established in 2011 Category:2011 establishments in West Bengal Category:RPSG Group Category:Goenka family Category:Indian Premier League franchise owners