RP-Sanjiv Goenka Group (also known as RPSG Group) is an Indian multinational

conglomerate Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Co ...

headquartered in

Kolkata Kolkata (, or , ; also known as Calcutta , the official name until 2001) is the capital of the Indian state of West Bengal, on the eastern bank of the Hooghly River west of the border with Bangladesh. It is the primary business, comme ...

. 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.

History

Rama Prasad Goenka established RPG Enterprises in 1979 with Phillips Carbon Black, Asian Cables, Agarpara Jute, and Murphy India as the constituents. In 1981, the group acquired CEAT Tyres India. KEC International was acquired in 1982. In 1986, it acquired the music company 'Gramophone Company of India Ltd', now known as

Saregama Saregama India Ltd. (Saregama refers to the first four notes of the Indian musical scale); formerly known as The Gramophone Company Of India Ltd. is India's oldest music label owned by the RP- Sanjiv Goenka Group of companies. The company i ...

Harrisons Malayalam Harrisons Malayalam, a member of the RPG Group, is an Indian agricultural business corporation based in Kochi, Kerala with a history that goes back to over 150 years. It cultivates between 14,000 ha – 26,000 ha (information varies) of its own ...

, 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. 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 Greater Noida is a Planned community, planned city located in Gautam Buddha Nagar district of the Indian state of Uttar Pradesh. The city was created as an extension to Noida, Noida area under the ''UP Industrial Area Development Act, 1976''. ...

region. In 2009, the Group entered into media with the launch of Open Magazine, a weekly current affairs and features magazine. In 2010, the Group's businesses were divided between Rama Prasad Goenka's sons,

Harsh Goenka Harsh Vardhan Goenka (born 10 December 1957) is the current chairman of US$3.80 billion worth Indian RPG Group conglomerate. He is the eldest son of R. P. Goenka and chairman of RPG Group since 1988. He is listed as 77th richest Indian and numbe ...

and

Sanjiv Goenka Sanjiv Goenka (born 29 January 1961) is an Indian entrepreneur. He is the founder and chairman of RPSG Group and an early-stage investor. With a US$6 billion asset base and US$4.3 billion revenue, this multinational conglomerate is headquarter ...

. RP-Sanjiv Goenka Group was founded on 13 July 2011, with Sanjiv Goenka as its chairman.

Businesses

Power

* CESC Limited: CESC Limited is engaged in the generation and distribution of electricity in Kolkata and Howrah, West Bengal. * Haldia Energy Limited: A subsidiary of CESC, HEL operates two 300 MW coal based thermal power plants at Haldia in West Bengal. * Dhariwal Infrastructure Limited: A subsidiary of CESC, DIL, operates two 300 MW coal based thermal power plants at Chandrapur in Maharashtra. * Noida Power Company Limited: NPCL is a joint venture between RPSG Group and Greater Noida Industrial Development Authority that distribute power in the

region. * 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. * Crescent Power Limited: CPL operates a coal washery and a thermal plant near Asansol in West Bengal. * Surya Vidyut Limited: The renewable energy business of the Group consists of 156 MW of wind power and 27 MW of solar power.

Information technology

* Firstsource: Firstsource Solutions Limited is a provider business process management services. The company's segments include Banking, Financial Services and Insurance and Non-Banking, Financial Services and Insurance.

Media and entertainment

* Saregama India Ltd: It is India's oldest music label and sells a retro-styled digital music player called Carvaan Apart from music, Saregama also produces films under the brand name Yoodlee Films and multi-language Television content. * Open:

Open Open or OPEN may refer to: Music * Open (band), Australian pop/rock band * The Open (band), English indie rock band * ''Open'' (Blues Image album), 1969 * ''Open'' (Gotthard album), 1999 * ''Open'' (Cowboy Junkies album), 2001 * ''Open'' (YF ...

, the weekly current affairs and features magazine, is the flagship brand of Open Media Network, the media venture of the group. * Fortune India: The group tied up with Fortune Media Group to publish Fortune in India. Fortune, a business magazine, was earlier published in India by the ABP Group. * Editorji: Launched in 2018, Editorji is a digital news player, which delivers news across three formats of video, audio, and text. The Group has acquired a majority stake in the app, a move that marks its foray into the digital news media space.

Consumer and retail

* Too Yumm! - Guiltfree Industries Ltd: The group began selling low-calorie food and snacks in 2017. Too Yumm! was its first low-calorie option. Virat Kohli represented Too Yumm! as the face of the brand. * Evita - Apricot Foods Limited: Apricot Foods Limited, under the brand name Evita, provides traditional and western snacks for the mass market. The Group picked up a controlling stake in the Gujarat-based packaged foods company in a bid to boost its eatables business * Spencer's Retail: Spencer's Retail is a multi-format retailer company, which is providing a wide range of products across categories such as food, personal care, fashion, home essentials, specialty, and electrical and electronics to its consumers. * Nature's Basket:

Nature's Basket Nature's Basket is an Indian grocery delivery chain of retail stores focused in gourmet food. It has a range of organic food, imported ingredients and exotic foods. The company is headquartered in Mumbai, India and has multiple stores in ci ...

is an Indian grocery delivery chain of retail stores focused on gourmet food. The company is headquartered in Mumbai, India. It was acquired by Spencer's Retail Ltd, a part of RPSG Group in May 2019 from the

Godrej Group Godrej Group is an Indian multinational conglomerate headquartered in Mumbai, which is managed and largely owned by the Godrej family. It was founded by Ardeshir Godrej and Pirojsha Burjorji Godrej in 1897, and operates in sectors including ...

in an all-cash deal. * 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. The acquisition marks the Group's foray into the ayurvedic medicines and products category.

Education and infrastructure

* Quest Mall: The group made a debut in the luxury retail space with

Quest Mall Quest (previously known as Spencers Galleria) is one of the largest shopping malls in Kolkata, India. It is located on Syed Amir Ali Avenue at Beck Bagan, Park Circus. The mall was inaugurated on 30 September 2013 with a gross leasable (retail ...

in 2013. * 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.

Sports

* Mohun Bagan Super Giant: The Group's first sports asset was ATK - a football club based in Kolkata, which competed in the

Indian Super League The Indian Super League (ISL) is an Indian professional league for men's association football clubs. At the top of the Indian football league system, it is the country's primary football competition. Organised by the All India Football Federat ...

. It acquired a majority stake in ''Mohun Bagan Football Club (India) Private Limited'' in 2020 and dissolved ATK. ATK Mohun Bagan plays in

. From 2023-24 season, it is rebranded as Mohun Bagan Super Giant. * RPSG Mavericks Kolkata: RPSG Mavericks Kolkata is one of the six city-based teams in the Ultimate Table Tennis league, India's top league for table tennis. * Lucknow Super Giants: An Indian Premier League franchise, which participated from the

2022 File:2022 collage V1.png, Clockwise, from top left: Road junction at Yamato-Saidaiji Station several hours after the assassination of Shinzo Abe; 2022 Sri Lankan protests, Anti-government protest in Sri Lanka in front of the Presidential Secretari ...

season. *

Durban's Super Giants Durban's Super Giants is a South African professional Twenty20 franchise cricket team that first competed in the inaugural season of SA20 tournament. The team is based in Durban, South Africa, and was formed in 2022. The team's home-ground is th ...

: An

SA20 SA20 is a Twenty20 franchise cricket tournament in South Africa, organised by Cricket South Africa (CSA) and first contested in 2023. It is contested by six teams based in cities around the country. The first winners of the tournament were Su ...

franchise, which has competed since the inaugural season.

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.

References

External links

* {{DEFAULTSORT:RPSG Group Electric power companies of India Companies based in Kolkata Conglomerate companies of India Multinational companies headquartered in India Indian companies established in 2011 Manufacturing companies established in 2011 2011 establishments in West Bengal Goenka Family Indian Premier League franchise owners