RPG Group

RPG Group.svg

The RPG Group is an Indian industrial conglomerate headquartered in Mumbai, Maharashtra.[3] It was founded by R. P. Goenka in 1979,[4] 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.[5]

Today the RPG Group comprises over fifteen companies in the areas of infrastructure, tyres, technology, and speciality.[6] 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.

The conglomerate's major companies, subsidiaries and affiliates are divided among the following 4 divisions.[7]

CEAT is the flagship company of RPG Enterprises, with an annual turnover of Rs 5700 crore (approximately US$850 million).[8] CEAT Manufactures the largest range of tyres in India.[9] It is the largest exporter of tyres in India,[10] exporting to over 100 countries.[11]

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),[12] 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.[13]

CEAT Kelani is the single largest brand in the radial tyre segment in Sri Lanka, commanding a 20 percent market share.[13]

This page was last edited on 7 April 2018, at 07:01 (UTC).
Reference: https://en.wikipedia.org/wiki/RP-Sanjiv_Goenka_Group under CC BY-SA license.

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