Friday, August 27, 2010

Sucession plan of RPG Group


RPG GROUP is one of India's largest industrial conglomerate headquartered in Mumbai, India. It was founded by Mr Rama Prasad Goenka in 1979 and initially encompassed Phillips Carbon Black, Asian Cables, Agarpara Jute and Murphy India. Currently, RP Goenka retains the title of Chairman Emeritus, while the chairmanship and vice-chairmanship have been assumed by his sons Mr Harsh and Sanjeev Goenka, respectively.

Today the RPG Group is involved in diverse sectors of business, including power generation, power transmission, information technology, retail, and entertainment. The group recorded turnover (equivalent to INR 115 billion) for financial year 2007.

Recently succession plan have been formulated by Mr R P Goenka .Presently the group is a Rs 17,500 crore group.

Mr Harsh Goenka the eldest one will have the following business units under his belt -:

CEAT ,KEC INTERNATIONAL,ZENSAR TECHNOLOGIES,RPG LIFE SCIENCES,RPG RAYCHEM AND THE LAST BUT NOT THE LEAST SPENCER TRAVEL.

While Mr Sanjiv Goenka will be having CESC,SAREGAMA,PHILIPS CARBON,SPENCER RETAIL,MUSIC WORLD,NOIDA POWER under his belt.

While Mr R P Goenka has kept Harrisons Malayalam (agri business company ) still with himself..


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