:RPG Group

{{short description|Indian industrial conglomerate headquartered in Mumbai}}

{{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

| foundation = {{start date and age|1820}}, in Calcutta, India

| founder = Ramdutt Goenka{{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}}

| 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}}

| subsid = CEAT
KEC International
Zensar Technologies
RPG Life Sciences
Raychem RPG
Harrisons Malayalam
RPG Ventures

| homepage = {{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.{{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 | TopNews |publisher=Topnews.in |date=2010-05-07 |access-date=2010-07-27}} The roots of the RPG Group can be traced back to the enterprise of Ramdutt Goenka in 1820.{{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}} 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.{{cite web|url=http://www.rpggroup.com/history.html|title=RPG Enterprises - History|first=The Neon|last=Tree|website=RPG Group}}

The RPG Group currently consists of more than fifteen companies, mainly infrastructure, tires, and life sciences.{{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}} 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.

Group companies

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

=Tyres=

==CEAT==

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.{{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}}{{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}} It is the largest exporter of tyres in India,{{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}} exporting to over 100 countries.{{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}} 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.{{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}} CEAT Kelani is the single largest brand in the radial tyre segment in Sri Lanka, with a 33 percent market share.

== 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.{{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}} CEAT obtained a 70% stake in this joint-venture.{{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}}

=Infrastructure=

==KEC International==

KEC is a power transmission engineering-procurement-construction (EPC) companies in the world,{{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}} recording a turnover of {{INRConvert|13,114|c|lk=|year=2018}} in the financial year 2020–21.{{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}} 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.{{cite web|url=http://www.kecrpg.com/company |title=KEC International Limited - About Us - Company |publisher=Kecrpg.com |access-date=2018-09-28}}

== SAE Towers ==

In April 2010, KEC International set up the world's largest tower testing station at Butibori, in Nagpur. The new test station will facilitate validation of the Extra-High Voltage (EHV) energy network.{{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}} 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==

Zensar Technologies is an information technology services and outsourcing company headquartered in Pune, India. It offers information technology (IT) and BPO products and services to Fortune 500 clients. Zensar has a marketing presence in the US, Europe, Asia Pacific, and South Africa.{{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}} The company has software development centers at Pune, Hyderabad, and Bangalore in India; Gdańsk, Poland; and the Middle East.

Zensar service areas include application support and development, application portfolio management, testing, enterprise collaboration and content management, enterprise application integration, business intelligence and data warehousing. Zensar's core competency is application modernization, using Zensar's SBP framework. Zensar is a CMMI Level 5 Company with activity that spans utilities, retail and distribution, banking, financial services and insurance, manufacturing, and telecommunications.

=Specialty=

==Raychem RPG==

Raychem RPG Limited is a 50:50 joint venture between RPG and US group TE Connectivity (formerly Tyco Electronics). It is involved in engineering products and services to power, telecommunications, hydrocarbon, oil and gas, and water industries. It manufactures cable accessories up to 245 kV, and connector systems, viz. shear bolt, low power-loss wedge connectors, insulation piercing, deep step indentation, and bolted, up to 1200kV. Raychem Zero-Halogen Heat-shrink technology is widely used in Metro underground applications. Raychem has an innovation centre in Halol, Gujarat, wherein research on polymers for electrical applications, connection technologies, and power electronics, take place. The thrust is on solutions to the power sector, to lower the Aggregate Technical & Commercial losses (AT & C). Raychem RPG has introduced Delta-transformer technology, which has lower No-load losses, as compared to conventional transformers.{{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}}

==RPG Life Sciences==

RPG Life Sciences (RPGLS) is an Indian pharmaceutical company, formerly known as Searle (India) Ltd. Its three major sources of business are manufacturing and marketing of bulk drugs, also known as API (Active Pharmaceutical Ingredients), pharmaceutical formulation and fermentation & biotechnology. It has global partnership for dossiers/DMF in Europe and Canada, artificial sugar in UK, NSAID in Europe, and formulations in Asia, Canada and Europe.

RPGLS offers services like marketing partnership, NDDS development, development of non-infringing process technologies, and P2P and/or contract manufacturing to its global partners. In 2012, it was named as one of India's best places to work by the Great Places to Work institute.{{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}}

==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.{{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}} 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,{{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}} and the largest producer of tea in South India.{{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}} It employs around 13,000 people in rural Kerala.

= Venture capital =

== RPG Ventures ==

It is the venture capital arm of the RPG Group, which makes investments in startups in different sectors like health and wellness, technology, automotive, infrastructure, and project management.{{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}} In October 2016, it invested an undisclosed amount in Bangalore-based bot-mitigation and management startup, ShieldSquare, through a series A funding.{{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}} In September 2017, it invested US$1 million in Pune-based elderly-care e-commerce platform, Seniority.{{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}}{{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}} In November 2017, it backed the Pune-based online pharmacy, Medsonway Solutions with US$600,000.{{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}}

References

{{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}}