Business history repeats itself...
With a history that can be traced back to as early as the year 1820, the Goenkas were always a formidable force in India Inc. Right from Ramdutt Goenka (the man who established the Goenka Empire) to Harsh Goenka (the present face of the group), this Marwari family always had a prominent place in India’s business community owing to its sharp business intellect. The foundations of RPG Enterprises – one of India’s largest industrial conglomerates – goes back to the year 1979 when R. P. Goenka, son of Keshav Prasad Goenka led the group with a turnover of Rs.75 crore and comprised of companies like Phillips Carbon Black, Asian Cables, Agarpara Jute and Murphy India. Continuing the streak of entrepreneurship, R. P. Goenka soon became the takeover specialist of India as he added companies like CEAT Tyres (1981), KEC (1982), Searle India/RPG Life Sciences (1983), Dunlop (1984), HMV (1988), and Spencer & Co. (1989) amongst others. But just before Indian economy witnessed liberalisation in 1992, R. P. Goenka entrusted the responsibility of the group on his two sons – Harsh and Sanjiv Goenka.
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