|Founder||R. P. Goenka|
|Headquarters||Mumbai, Maharashtra, India|
|Harsh Goenka (Chairman)|
|Revenue||₹18,593 crore (US$2.9 billion) (2015)|
|₹1,732 crore (US$270 million) (2015)|
|₹795 crore (US$120 million) (2015)|
Number of employees
|Subsidiaries||CEAT, KEC International, Zensar Technologies, RPG Life Sciences, Raychem RPG, Harrisons Malayalam Ltd|
The RPG Group is an Indian industrial conglomerate headquartered in Mumbai, Maharashtra. It was founded by R. P. Goenka in 1979, and initially encompassed 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, while the chairmanship has been assumed by his son Harsh Goenka.
Today the RPG Group comprises over fifteen companies in the areas of infrastructure, tyres, technology, and speciality. Some of the companies it holds are tyre firm CEAT Tyres, information technology firm Zensar Technologies Ltd, infrastructure company KEC International Ltd, and pharmaceutical company RPG Life Sciences Ltd.
- 1 Group companies
- 1.1 Tyres
- 1.2 Power Transmission & Distribution
- 1.3 Information Technology
- 1.4 Speciality
- 1.5 Other
- 2 References
- 3 Further reading
- 4 External links
The conglomerate's major companies, subsidiaries and affiliates are divided among the following 4 divisions.
CEAT Limited / CEAT Tyres
CEAT is the flagship company of RPG Enterprises, with an annual turnover of Rs 4822 crore (approximately US$960 million) . CEAT Manufactures the largest range of tyres in India. It is the largest exporter of tyres in India, exporting to over 100 countries.
The company is headquartered in Mumbai. It has manufacturing plants in Mumbai, Nashik, and Halol (near Baroda). CEAT owns 6 manufacturing plants (3 in India and 3 in Sri Lanka), as well as 10 outsourcing units for tyres, tubes, and flaps, and 3 dedicated 2-3-wheeler plants controlled by CEAT.
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 significant venture resulted in the creation of CEAT Kelani Associated Holdings, formerly Kelani Tyres, which is today the largest domestic tyre manufacturer. 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.
CEAT Kelani is the single largest brand in the radial tyre segment in Sri Lanka, commanding a 20 percent market share.
Power Transmission & Distribution
KEC is one of the largest power transmission engineering-procurement-construction (EPC) companies in the world, recording a turnover of Rs 2343 crore in FY12. The Company has developed power infrastructure in over 45 countries across South Asia, the Middle East and North Africa (MENA), Africa, Central Asia, and the Americas. While power transmission is its largest vertical market, the company also has a growing presence in power systems, cables, railways, telecommunications, and water infrastructure.
In April 2010, the company set up the world's largest tower testing station at Butibori, in Nagpur. The new test station will facilitate validation of the largest towers ever designed for the country’s futuristic Extra High Voltage (EHV) energy network.
In September 2010, KEC International acquired Houston, Texas 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 300,000 tons of annual production capacity.
The company is also entering the renewable energy business, being set to bid for engineering, procurement and construction contracts to install solar plants and wind farms.
Zensar Technologies is a global information technology services and business process outsourcer headquartered in Pune, India. It offers a range of integrated information technology (IT) and BPO products and services to Fortune 500 clients.
Zensar has a marketing presence in the US, Europe, Asia Pacific, South Africa and Australia. The company has operations and a customer base spanning 18 countries, including software development centers at Pune and Hyderabad, India and Gdańsk, Poland.
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 the world's first enterprise-wide SEI CMM Level 5 Company[clarification needed] and now a CMMI Level 5 Company with activity that spans utilities, retail and distribution, banking, financial services and insurance, manufacturing, and telecommunications. zenasar
Harrisons Malayalam Ltd. is an agricultural business corporation with a history that goes back over 150 years. Harrisons Malayalam Ltd. cultivates between 14’000 ha – 26’000 ha (information varies) of its own land and processes products from other farmlands in its neighborhood. In addition to Banana, Cardamom, Cocoa, Coffee, Coconut, Pepper and Vanilla, its primary products are Rubber, Tea and Pineapple. Harrisons Malayalam Ltd. is the largest producer of pineapples in India, the largest producer of tea in South India, and is the largest employer in the region. It is employing around 13’000 people in rural Kerala, more than 100’000 people are dependent on the company for their livelihood.
Since 1984 Harrisons Malayalam Ltd. has been part of the RPG Group. In February 2015 it was reported the Harrisons Malayalam Ltd. will be carved up and split between the two sons of R.P. Goenka. It is important to note that in popular perception, however, Harrisons Malayalam Ltd. still remains a 'foreign' company.
Listed on the National, Bombay and Cochin stock exchanges, Harrisons Malayalam Ltd. has a paid up capital of INR 184.50 million and a shareholder base of around 33’000.
For the land struggle in the Chengara Estate of Harrisons Malayalam, see Chengara struggle.
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.
RPGLS is represented in more than 30 countries by means of strategic partnership and joint ventures. It has global partnership for
- Dossiers/DMF in Europe and Canada
- Artificial sugar in UK
- NSAID in Europe
- 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.
Raychem RPG Limited is a 50:50 Joint Venture between RPG and US group TE Connectivity (formerly Tyco Electronics), and is involved in engineering products and services catering to the infrastructure segments of the economy such as power, telecommunications, hydrocarbon, oil & gas and water. Raychem, a pioneer in Heat Shrink technology, is a market leader in connection technology. It manufactures Cable Accessories up to 245 kV and connector systems (Shear Bolt, Low power loss Wedge connectors, Insulation Piercing, Deep Step Indentation & Bolted) up to 1200kV. Raychem Zero Halogen Heat shrink technology is widely used in Metro underground applications. Raychem has an Innovation centre at Halol, Gujarat wherein research on Polymers for Electrical applications, Connection technologies and Power Electronics takes place. The thrust is on solutions to the power sector to lower the AT&C losses. Raychem RPG has introduced Delta transformer technology which has lower No load losses as compared to conventional Transformers.
Firstsource Solutions Limited
Spencer's Travel Services
Spencer International Hotels
- "RPG Group Turnover To Get A Boost From Power, Tyre". Financialexpress.com. 2002-07-24. Retrieved 2010-07-27.
- "RPG Group Annual Report" (PDF). RPG Group.
- "RPG Group to spend Rs 160 crore on expansion of specialty retail business | TopNews". Topnews.in. 2010-05-07. Retrieved 2010-07-27.
- "RPG Enterprises: Private Company Information - BusinessWeek". Investing.businessweek.com. Retrieved 2010-07-27.
- RPG Group Corporate Website, History Section
- "RPG Contact Us". Rpggroup.com. Retrieved 2010-07-27.
- Sisara Jayasuriya and Dushni Weerakoon (2002). "Foreign Direct Investment and Economic Integration in the SAARC Region". In T. N. Srinivasan. Trade, Finance, and Investment in South Asia. Berghahn Books. p. 387. ISBN 81-87358-05-X.
- CEAT Limited#Locations
- KEC International#The company today
- R. K. Dwivedi (1995). Organizational Culture and Performance. M.D. Publications Pvt. Ltd. p. 20. ISBN 81-85880-59-X.